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    219 Highway 51 Steinhatchee, FL 32359

    For Sale
    $795,000

    Prime Executive Office Space, Steinhatchee Resort

    Property size:
    3,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3,616 square foot executive office building, constructed in 1993, presents a unique investment opportunity within the prestigious Steinhatchee Landing Resort in Steinhatchee, Florida (zip code 32359). Located at 219 Hwy 51, the property sits on approximately 0.74 acres (Lot 2, Block E, OR 737-841) and offers significant versatility. Previously utilized as a high-end restaurant catering to local fine dining needs, the space boasts a large conference center capable of hosting over 100 guests. A fully equipped commercial kitchen is included, making it perfectly suited for various events, including private meetings, showers, and even garden weddings. The property benefits from the resort's numerous amenities, attracting year-round rentals. These amenities include a boat dock, fishing cleaning station, petting zoo, playground, swimming pool, fitness center, and sauna. This thriving location within a popular resort presents a compelling investment opportunity with high potential for return. The asking price for this exceptional property is $795,000.

    Property Features for 219 Highway 51

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,616 SF

    Building Details

    Year Built
    1993

    HighLights

    • $795,000 asking price.
    • 3,616 square foot office building.
    • Executive office space located at 219 Hwy 51, Steinhatchee, FL 32359.
    • Built in 1993.
    • Located within Steinhatchee Landing Resort, offering resort amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Realty agency Pharmacy Nail Salon Hotel & Motel Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Steinhatchee
    County
    Taylor
    State
    Florida
    Longitude
    -83.3670642
    Latitude
    29.6776697

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Executive Office Space, Steinhatchee Resort
    Where is this office property / space located?
    The property is located at 219 Highway 51 Steinhatchee, FL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price.; 3,616 square foot office building.; Executive office space located at 219 Hwy 51, Steinhatchee, FL 32359.
    Request Owner's contact information
    219 Highway 51 Steinhatchee, FL 32359
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    Steinhatchee, FL 32359
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219 Highway 51 Steinhatchee, FL 32359
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