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Property profile & analytics
FOR SALE
Office Spaces
1960 Bayshore Blvd, Dunedin, FL 34698
Individually Owned
2-yr Hold
Free & Clear
Property ID
US19-0868903
For Sale
1 / 7
$629,500
1960 Bayshore Blvd, Dunedin, FL 34698
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Property summary
AI-generated overview
This 2,787 square foot, single-story Class B medical office building is located at 1960 Bayshore Blvd, Dunedin, FL 34698, in Pinellas County. The property, built in 1977 and extensively renovated in 2023, is currently vacant and available for immediate occupancy. Ideal for a small business, self-employed professional, or investor, this freestanding building offers a prime location at the intersection of Bayshore and Michigan Boulevards. Recent improvements include a new roof installed in December 2023. The building features 2,787 square feet of net rentable space, priced at $261.75 per square foot, with an asking price of $729,500. The property is zoned FX-M (Med Intensity) Urban Center and offers monument signage opportunities. This owner-user/investor opportunity presents a turnkey solution for those seeking a modern, well-maintained medical office space in a desirable Dunedin location. The building is move-in ready and offers significant potential for immediate return on investment.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1977
Construction
WOOD FRAME
Total area
2,787 SF
APN
22-28-15-73161-000-0030
UPID
US19-0868903
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
-
IT Online Training High School
-
ITU Online Training, LLC Vocational School Training Center
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International Assessment Institute Training Center
-
Beyond Selling Sales Consulting Consultant
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
Howard Morgan · 2 yrs held
Howard Morgan
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Dunedin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunedin submarket · NOI estimate · typical band, median & reading
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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)
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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
$7,694
Tax year 2023
Assessed value
$439,000
Assessed 2023
Previous assessed
$439,000
+0.0% YoY
Effective rate
1.75%
On assessed value
Improvement market value
$439,000
Total market value
$439,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
For Sale
Year built
1977
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,787 SF
APN
22-28-15-73161-000-0030
UPID
US19-0868903
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Current owner
From public records · entity-resolved
Howard Morgan
Individual
Free & Clear · 2 yrs held
Mailing address
1699 ARABIAN LN, PALM HARBOR, FL 34685-3343
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
—
Howard Morgan
Simplified Software Development LLC
Deed
—
Jun 29, 2023
—
Simplified Software Development LLC
—
Deed
related
$250,000 · Jeffrey Billow
Jul 2, 2022
$525,000
Simplified Software Development LLC
Territory Holdings LLC
Warranty Deed
—
Nov 25, 2020
$300,000
Territory Holdings LLC
Anthony W Mitchell
Warranty Deed
$2,151 · Anthony W Mitchell
Jun 13, 2017
—
Mitchell,anthony W Trust
Mitchell,anthony W
Quit Claim Deed
related
—
May 3, 2013
$227,500
Anthony W Mitchell
Jennings,g Penfield & Patricia P
Warranty Deed
—
Oct 24, 2008
$73,800
G Penfield Jennings
Ruggles,thomas W & Bonnie M
Warranty 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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