New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Medical Office Space
3400 Lecanto Hwy, Beverly Hills, FL 34465-3548
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-3370243
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,992 SF
Lot
3.52 ac (153,201 SF)
Zoning code
PDR PLANNED DEVELOPMENT(S
APN
18E-18S-15-24410
UPID
US18-3370243
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
-
Select Physical Therapy - Beverly Hills Medical Clinic
-
Dr. Mariananda P. Kumar, MD Physician
-
Alistair Co Pediatrician Physician
-
West Florida Medical Assoc./Nature Coast Medical Medical Clinic
-
Nature Coast Family Health Clinic Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$826k
Blend (final)
Blend
$1.06M
Owner & transaction history
West Florida Medical Holdings 2 LLC · 6 yrs held
West Florida Medical Holdings 2 LLC
since 2019
2 recorded transactions
Zoning & alternative use
PDR PLANNED DEVELOPMENT(S · Beverly Hills, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+34.8%
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 Beverly Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly Hills 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,290,000
7%
$1,195,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,265,000
Current use
RESTAURANT
$1,705,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$177 / SF
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
$34,799
Tax year 2023
Assessed value
$2,146,520
Assessed 2023
Previous assessed
$1,969,440
+9.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$277,440
Assessed improvement
$1,869,080
Land market value
$277,440
Improvement market value
$1,869,080
Total market value
$2,146,520
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Bathrooms
20
Total area
5,992 SF
Lot
3.52 ac (153,201 SF)
Zoning code
PDR PLANNED DEVELOPMENT(S
APN
18E-18S-15-24410
UPID
US18-3370243
Jurisdiction
CITRUS
Zoning & alternative use
PDR PLANNED DEVELOPMENT(S · Beverly Hills, FL
Zoning PDR PLANNED DEVELOPMENT(S · permitted uses
PDR PLANNED DEVELOPMENT(S · Beverly Hills, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.7M
MEDICAL BUILDING Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
20
Lot
3.52 ac
Current owner
From public records · entity-resolved
West Florida Medical Holdings 2 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
518 W TED WILLIAMS CT, HERNANDO, FL 34442-5137
Ownership since
2019
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
Aug 12, 2019
$1,500,000
West Florida Medical Holdings 2 LLC
Beverly Hills Medical Park INC
Warranty Deed
—
Jan 27, 1999
$650,000
Florida Regional Cancer Care
Beverly Hills Medical Park INC
Grant Deed
$585,000 · Suntrust Bank Nature Coast
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3400 Lecanto Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
