Handicap-Accessible Medical Office
510 SW 5TH Terrace Williston, FL 32696
510 SW 5TH Terrace, Williston, FL, 32696
$300,000
Pending
For Sale
$300,000
Pending
SINGLE_FAMILY - WILLISTON, FL
Property Size1,602 SF
Lot Size0.20 Acres
Days on Market239
Property Features for 510 SW 5TH Terrace
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C-2
- Standard status
- Pending
- APN
- 05076-001-0B
- Size
- 1,602 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 06-13-19 0000.20 ACRES TRACT IN SW1/4 OF NW1/4 OR BOOK 1271 PAGE 571
- Tax Annual Amount
- 2877
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1966
- Floors in Building
- 1
- Building materials
- Block
- Roof type
- Built-Up
Listing agency
HARRIETT DOWNS REAL ESTATE LLC
(352) 528-4400
Listed by
Marc Pompeo · License #527240
(352) 538-5551
Added: Nov 25, 2025 Updated: Jul 20 at 8:52PM Checked: Jul 22 at 7:06PM
MLS# OM713557
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.
Well maintained medical office building built in 1966. Constructed with concrete block and currently operating as a dental practice, the interior offers a fully handicap accessible layout with a welcoming waiting room and reception area, dedicated insurance and file rooms, five treatment rooms, and two bathrooms. Vinyl flooring runs throughout most of the building for easy maintenance, and the reception area includes custom wood cabinetry and solid-surface countertops.
Located in Williston, Florida in Levy County, the property is set up for professional office use under C-2 zoning. It includes 10 onsite parking spaces and services including broadband internet, city water and sewer, and natural gas for heating.
A current tenant remains in place through March 2029 at $2,400 per month, providing immediate income with long-term occupancy.
Located in Williston, Florida in Levy County, the property is set up for professional office use under C-2 zoning. It includes 10 onsite parking spaces and services including broadband internet, city water and sewer, and natural gas for heating.
A current tenant remains in place through March 2029 at $2,400 per month, providing immediate income with long-term occupancy.
Key Highlights
- Concrete block professional office building built in 1966 with central air
- Currently operating as a dental practice with 5 treatment rooms and a waiting/reception area
- Handicap accessible layout with reception area, dedicated insurance and file rooms, and 2 bathrooms
Local 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 | $36.5k | $22.80 |
| − Vacancy | −$2.9k | −$1.82 |
| EGI | $33.6k | $20.98 |
| − OpEx | −$13.4k | −$8.39 |
| NOI | $20.2k | $12.59 |
1,602 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$288.0K
$252.0K – $336.0K
NOI $20,162 @ 7.0% cap · market cap 6.72%
Second Best
Office B
$285.5K
$249.8K – $333.1K
NOI $19,983 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$396.8K
$347.2K – $462.9K
NOI $27,775 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Henderson Craig DC
Alternative Medicine Practice
Christie Dental of Williston
Dental Office
Chandrakant Dave DDS
Dental Office
Pamick Williams DDS
Dental Office
Dr. Danielle T. ...
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Concrete-block office building operating as a dental practice, with waiting, reception, five treatment rooms, and 10 onsite parking spaces.
Where is this medical office space located?
The property is located at 510 SW 5TH Terrace Williston, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Concrete block professional office building built in 1966 with central air; Currently operating as a dental practice with 5 treatment rooms and a waiting/reception area; Handicap accessible layout with reception area, dedicated insurance and file rooms, and 2 bathrooms
