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    107 Washington St Quincy, FL 32351-2414
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    Property profile & analytics

    107 Washington St, Quincy, FL 32351-2414

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    • Medical Office Space
    • 6,900 SF
    • 0.11 lot acres
    Off-Market
    Last Sale May 3, 2023
    $285,000
    Property ID
    US18-4718156
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 107 Washington St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    3-07-2N-3W-0730-00000-0950
    APU
    3072N3W0730000000950

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 5, 2024 — Challen Woodward LLC — Deed · related $300k · Capital City Bank
    May 3, 2023 $285,000 Chailen Woedward LLC Abbey Flp Ltd Warranty Deed $228k · Capital City Bank
    Jan 19, 2005 $150,000 2003 Abbey Flp Ltd Abbey,abnous A Warranty Deed —
    Feb 26, 1998 $141,100 Abnous A Abbey Abbey,mehran Grant Deed · related —

    Description

    This exceptional 6,600 square foot commercial property, situated on a 0.12-acre lot at 107 E Washington St in Quincy, FL, presents a remarkable investment opportunity. Currently configured as a blend of retail/office space and residential, this property boasts significant income potential. The ground floor offers approximately 5,000 square feet, ideal for a variety of uses, including medical practices (with 14 potential exam/offices, a spacious reception area, and four bathrooms). The layout is well-suited for an eye doctor, dentist, or other medical professional. A recently updated HVAC system and a durable standing seam metal roof contribute to the property's excellent condition. Ample parking is available, enhancing the property's appeal. Above the commercial space is a 1,600 square foot, two-bedroom, one-bathroom apartment with a separate entrance, currently leased for $750 per month (below market value). The property's proforma gross income is estimated at $36,000 annually. The seller is highly motivated, having recently reduced the price by $50,000. This quiet corner location offers excellent visibility and accessibility. A 24-hour notice is required for apartment showings. This property is ready for a new owner to capitalize on its considerable income-generating potential and prime location.


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    Location Insight

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    • Local Demand
    City
    Quincy
    County
    Gadsden
    State
    Florida
    Longitude
    -84.5755
    Latitude
    30.589
    CBSA code
    45220
    CBSA name
    TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,163
    $35,200
    $116,221
    $151,421
    -
    $35,200
    $116,221
    $151,421
    More about this property
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