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Property profile & analytics
OFF-MARKET
Medical Office Space
1023 Dundee Rd Dundee, FL 33838-3101
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3912307
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
2,480 SF
Lot
0.32 ac (13,978 SF)
Zoning code
PUD
APN
272829000000041320
UPID
US18-3912307
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
MPN Medical Center Medical Clinic
-
Central Florida Health Care- Dundee Annex Medical Clinic
-
Ingrid Atiles Physician Medical Clinic
-
Miss Ingrid Atiles Physician Medical Clinic
-
Dr. Rebecca Thomas Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
State Of Florida Dept Of Trans · 9 yrs held
State Of Florida Dept Of Trans
since 2017
2 recorded transactions
Zoning & alternative use
PUD · Dundee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Planned unit development districts are intended for specialized purposes, where a proposed project warrants greater flexibility than a standard district provides when the comprehensive plan requires a planned unit development review process or when the ability to attach conditions to a site plan is warranted.
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
350.20 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dundee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dundee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,159
Tax year 2023
Assessed value
$190,720
Assessed 2023
Previous assessed
$185,437
+2.8% YoY
Effective rate
2.18%
On assessed value
Assessed land
$42,630
Assessed improvement
$148,090
Land market value
$42,630
Improvement market value
$148,090
Total market value
$190,720
Applied tax rate
90,460.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Heating
NONE
Stories
1
Units
1
Total area
2,480 SF
Lot
0.32 ac (13,978 SF)
Zoning code
PUD
APN
272829000000041320
UPID
US18-3912307
Jurisdiction
POLK
Zoning & alternative use
PUD · Dundee, FLZoning PUD · permitted uses
PUD · Dundee, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Planned unit development districts are intended for specialized purposes, where a proposed project warrants greater flexibility than a standard district provides when the comprehensive plan requires a planned unit development review process or when the ability to attach conditions to a site plan is warranted.
Zone name
Planned Unit Development
General category
PLANNED_DEVELOPMENT
Zone area
350.20 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
State Of Florida Dept Of Trans
Entity
Free & Clear · 9 yrs held
Mailing address
4002 PALMA CEIA CIR, WINTER HAVEN, FL 33884-1239
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2017
—
State Of Florida Dept Of Trans
Stewart,beatrice C
Warranty Deed
related
—
May 5, 1999
$127,000
Beatrice C Stewart
Schweitzer & Accoc INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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