Flexible Medical Office
10129 LITTLE Road New Port Richey, FL 34654
For Sale
$589,988
SINGLE_FAMILY - NEW PORT RICHEY, FL
Property Size2,337 SF
Lot Size1.09 Acres
Price / SF$252.46
Days on Market523
Property Features for 10129 LITTLE Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- ER
- Standard status
- Active
- APN
- 16-25-14-0020-00000-0100
- Size
- 2,337 SF
- Lot size
- 1.09 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- GOLDEN ACRES UNIT ONE PB 7 PG 82 POR OF TRACT 10 DESC AS FOLL: COM AT MOST ELY COR OF TRACT 10 FOR POB TH ALG WLY R/W LINE OF LITTLE RD (F/K/A PLAZA DR) S20DEG06' 48"W 221.66 FT TH N60DEG18' 12"W 242.38 FT TH N27DEG01' 39"E 224.46 TO NLY BDY OF TRACT 10 TH S58DEG48' 16"E 216 FT TO POB; EXC LITTLE ROAD R/W PAR- CEL 229 BEING POR OF TRACT 10 DESC AS FOLL: COM AT MOST SLY COR OF TRACT 10 TH N19DEG30' 47"E ALG WLY R/W LINE OF LITTLE RD 228.34 FT FOR POB TH N60DEG54' 13"W 15.22 FT TH N19 DEG30' 47"E 222.07 FT TH S59DG 24' 17"E 15.30 FT TO WLY R/W LINE OF LITTLE RD TH S19DEG30' 47"W 221.66 FT TO POB SUBJECT TO SLOPE EASEMENT PER OR 7295 PG 1204
- Tax Annual Amount
- 2607
Utilities
- Utilities
- Phone Available
- Sewer type
- Private Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1979
- Building materials
- Concrete, Stone, Stucco
- Roof type
- Shingle
Listing Agency:
KELLER WILLIAMS REALTY- PALM H
(727) 772-0772
Listed By:
Brandon Rimes · License #3228106
(813) 917-1894
Added: Feb 18, 2025
Changed: Jul 20
Last Checked: Jul 26 at 6:06AM
MLS# TB8348638
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property was formerly operated as a chiropractic office and offers a flexible medical office layout. The building includes a reception area, administrative office space, an integrated garage/storage area, and a kitchen or break room. There are two full bathrooms and two half bathrooms, plus a rear screened porch and a paved rear patio. The interior is designed with no interior load-bearing walls, supporting easier reconfiguration, and the structure is described as load-bearing for straightforward modifications. An ADA-compliant entrance ramp and restroom are also provided, and a new roof was installed in 2020.
The property sits on over an acre along Little Road and is positioned for accessibility and visibility with two curb cuts and a circular driveway. Over a dozen paved parking spaces accommodate clients and staff. The listing also notes proximity to SR 52, US-19, the Suncoast Parkway, and public transportation. An illuminated monument sign is included for street visibility.
In addition to professional medical use, the property is presented as potentially convertible for income-producing short-term rental use subject to zoning and local regulations.
The property sits on over an acre along Little Road and is positioned for accessibility and visibility with two curb cuts and a circular driveway. Over a dozen paved parking spaces accommodate clients and staff. The listing also notes proximity to SR 52, US-19, the Suncoast Parkway, and public transportation. An illuminated monument sign is included for street visibility.
In addition to professional medical use, the property is presented as potentially convertible for income-producing short-term rental use subject to zoning and local regulations.
Key Highlights
- 2,300+ sq. ft. commercial building built in 1979 on over an acre along Little Road
- Previously used as a chiropractic office; flexible layout with no interior load‑bearing walls for reconfiguration
- Two full bathrooms and two half bathrooms plus ADA‑compliant entrance ramp and restroom
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.3k | $16.80 |
| − Vacancy | −$3.3k | −$1.43 |
| EGI | $35.9k | $15.37 |
| − OpEx | −$14.4k | −$6.15 |
| NOI | $21.6k | $9.22 |
2,337 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$307.9K
$269.4K – $359.3K
NOI $21,555 @ 7.0% cap · market cap 3.65%
Second Best
Office B
$225.3K
$197.1K – $262.9K
NOI $15,771 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$532.4K
$465.8K – $621.1K
NOI $37,265 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ligertwood Chiropractic Clinic
Alternative Medicine Practice
Dr. Paul Ligertwood
Alternative Medicine Practice
FAQs
What type of property is this?
Medical Office Space - Medical office building with adaptable interior, ADA-compliant access, and ample paved parking for clients and staff.
Where is this medical office space located?
The property is located at 10129 LITTLE Road New Port Richey, FL.
What is the asking price?
The asking price for this property is $589,988.
What are key features of this property?
This property features: 2,300+ sq. ft. commercial building built in 1979 on over an acre along Little Road; Previously used as a chiropractic office; flexible layout with no interior load‑bearing walls for reconfiguration; Two full bathrooms and two half bathrooms plus ADA‑compliant entrance ramp and restroom
