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Palmetto Medical Building on 2.24 Acres
For Sale
$2,495,000

602 4th Avenue West, Palmetto, FL 34221

Strategically located medical building with flexible space and expansion potential.

Property Size16,382 SF
Lot Size2.24 Acres
Price / SF$152.30
Days on Market170

Property Features for 602 4th Avenue West

General Information

Standard status Active
Size 16,382 SF
Class B
Lot size 2.24 Acres
Property subtype Office

Building Details

Building Size 16,382 SF
Listing Agency:
Listed By: Angela Varga · License #FL BK3026434
Source: Gulfcoastcommercialgroup
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 22 at 4:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Angela Varga

Investment Insights

Based on property information with market context.

Located in Palmetto, this property offers a centralized location with convenient access from multiple directions, situated approximately 4 miles from I-75 and 8 miles from I-275. The 2.24-acre parcel is zoned General Commercial and features a 16,382 square foot building. The building has been subdivided into separate medical practices in the past, but is currently contiguous. Upgrades were completed in 2022, and a new roof was installed in 2024. The property is suitable for various medical uses, including doctors' offices, outpatient services, therapy centers, imaging centers, diagnostics, and dental practices. The current layout includes ample parking on all sides of the building, with additional buildable green space available on the east side. The property is located between US 41 and US 41 Business. The property is located on the east side of 4th Ave West and encompasses 2.24 acres. The property's zoning and location make it suitable for a variety of commercial users.

Key Highlights

  • Strategically centralized location with easy access to I‑75 (4 miles) and I‑275 (8 miles).
  • Large 2.24‑acre parcel zoned General Commercial, offering flexibility for various commercial uses.
  • Substantial 16,382 sq. ft. building suitable for medical practices or other commercial ventures.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon 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

91
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34221, FL

48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value

Market

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?
Medical Office Space - Strategically located medical building with flexible space and expansion potential.
Where is this medical office space located?
The property is located at 602 4th Avenue West Palmetto, FL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Strategically centralized location with easy access to I‑75 (4 miles) and I‑275 (8 miles).; Large 2.24‑acre parcel zoned General Commercial, offering flexibility for various commercial uses.; Substantial 16,382 sq. ft. building suitable for medical practices or other commercial ventures.
More about this property
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