1007 US Highway 19, Holiday, FL 34691

Listing Agency: Ripco Real Estate

Listed By: Gene Ruiz · License #SL3522718 Show Phone

Source: Crexi

Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 3:39PM

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Investment Insights

Based on property information with market context.

This office condominium at Sunbelt Office Center contains approximately 2,048 square feet. Its corner layout includes reception and waiting areas, a conference room, five private offices, open workspace, a break area, and an ADA restroom. Recent updates include LVP flooring, fresh paint, and an HVAC system installed in August 2026.

The property fronts US Highway 19 in Holiday, Florida, with access to SR 54, Alt. US 19, and Tarpon Avenue. Nearby medical facilities include AdventHealth North Pinellas and HCA Florida Trinity Hospital.

Key Highlights

• Approximately 2,048 SF office condominium
• Corner suite at Sunbelt Office Center on US Highway 19
• Five private offices, conference room, reception and waiting areas, and open workspace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$27,714

Cap Rate

6.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$554,280 $554.3K

Cap Rate 7%

$395,914 $395.9K

Cap Rate 9%

$307,933 $307.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,048 SF

Gross rent

$51.6K $25.20/SF

− Vacancy

−$5.4K −$2.65/SF

EGI

$46.2K $22.55/SF

− OpEx

−$18.5K −$9.02/SF

NOI

$27.7K $13.53/SF

Area

Pasco County, FL

Vacancy

10.50%

Lease Rate

$25.20 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$554,280

Cap Rate 7%

$395,914

Cap Rate 9%

$307,933

Alternative Uses

Best Use

Healthcare Medical

$395.9K

$346.4K – $461.9K (±1% cap)

NOI $27,714 @ 7.0% cap · market cap 6.16%

Second Best

Office B

$356.2K

$311.7K – $415.6K (±1% cap)

NOI $24,937 @ 7.0% cap · market cap 5.54%

Theoretical Best

Office A

$638.7K

$558.9K – $745.2K (±1% cap)

NOI $44,710 @ 7.0% cap · market cap 9.94%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

585

Businesses Nearby

Explore this area Business Placement

Demographics for 34691, FL

23,688

Population

12,265

Households

1.9

Avg Household Size

44

Median Age

16%

College-Educated

92%

High-School Grad

7.8 sq mi

ZIP Area

3,037

Density / Sq Mi

$48,387

Median Household Income

$40,729

Median Earnings

$1,208

Median Rent

$172,100

Median Home Value

Market

Average Price Trend$/SF for Office Units in Pasco County, FL

$196 Jul

$190 Aug

$249 Sep

$157 Oct

Properties on Market for Office Units in Pasco County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - The suite includes five private offices, conference space, reception and waiting areas, and an open work area.

Where is this office unit located?

The property is located at 1007 US Highway 19 Holiday, FL.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Approximately 2,048 SF office condominium; Corner suite at Sunbelt Office Center on US Highway 19; Five private offices, conference room, reception and waiting areas, and open workspace