219 Highway 51 Steinhatchee, FL 32359
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.