Property profile

309 Main St Brooksville, FL 34601

OFF-MARKET
Office buildings
Property ID
US19-0887118
2,464 SF 0.21 ac lot Built 1987
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story commercial building, situated at 309 S Main St in historic Brooksville, Florida (34601), presents a unique investment opportunity. Spanning 2,464 square feet on a 9,282 square foot lot, this property offers versatile space ideal for a variety of uses. Currently zoned CR, the building boasts a charming front porch and ample parking with six on-site spaces, supplemented by public parking across the street. The ground floor features an open-concept waiting area, office space, kitchen, and bathroom, while the second floor includes three additional office rooms and another bathroom. This layout allows for flexible use as a multi-office space or conversion into residential units, as detailed plans for such a conversion are available from the seller. The building benefits from recent upgrades, including LED lighting, a transferable forever roof, and an air conditioning system installed just two years ago. Its prime location offers convenient access to the Hernando County courthouse, local shops, and restaurants. Priced at $575,000 ($233.36 per square foot), this 1987-built property represents a compelling opportunity for both commercial and residential investors seeking a well-maintained building in a thriving downtown location. The building's mixed-use potential, coupled with its recent upgrades and desirable location, makes it an attractive investment prospect.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1987
Construction WOOD
Total area 2,464 SF
Lot 0.21 ac (9,282 SF)
APN R22-222-19-3460-0030-0090
UPID US19-0887118

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

309 Main St Brooksville, FL 34601-3339
Brooksville metro Census 40400 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2024
Last sale
$375,000
7 recorded transactions
2024
$375,000
2018
Price N/A
2017
$195,000
2014
$99,900
2011
Price N/A
2003
$190,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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