3475 Suncoast Blvd, Unit 5 Homosassa, FL 34448-2322
Property profile & analytics
3475 Suncoast Blvd, Unit 5 Homosassa, FL 34448-2322
- Medical Office Space
- 6,230 SF
- 1.04 lot acres
Property ID
US18-3519214
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.
Location Intelligence
Current Use by Public Records
- Iyer Hari V MD / Physician
- Seneriz Manuel MD / Physician
- Desautel Michael G MD / Physician
- TGMG Homosassa / Medical Clinic / Hospital
- Parth Patel, M.D. / Physician
Property Details for 3475 Suncoast Blvd
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.04 lot acres
- Property size
- 6,230 SF
- Zone code
- GNC GEN COMMERCIAL
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 17E-19S-22-0050-02300-003.0
- APU
- 17E19S220050023000030
Description
This 6,230 sq ft medical office building in Homosassa, FL, is situated on a 1.04-acre lot with 165 feet of frontage on US 19, boasting a daily traffic count of 28,000 (AADT). The property features 25 dedicated parking spaces plus 16 overflow spaces. Built of concrete block with stucco exterior, this freestanding facility has undergone significant improvements in the last decade. The interior comprises a waiting area, reception area, four restrooms, seven exam rooms with sinks, five private offices, a storage/file room, a lab room, a surgery room, and nurse stations. Currently occupied by Tampa General Hospital under an NNN lease securing income through 2028 with renewal potential, this presents a strong investment opportunity. The location benefits from proximity to major retailers like Publix and Winn-Dixie, and serves a patient population of approximately 31,734 within a 5-mile radius, with annual healthcare expenditures exceeding $75 million. The average age of this population is 55.6. Conveniently located near Floral City, Hernando, Beverly Hills, Lecanto, and Crystal River (15-25 minute drives), the property enjoys excellent access to Tampa International Airport (74.7 miles, approximately 1 hour 6 minutes) via the recently expanded US 19 and the Suncoast Parkway (SR 589) extension. This property is located in Citrus County, part of the Tampa-St. Petersburg MSA, the 18th largest in the U.S., experiencing significant growth (1.29% annually) with over 60,000 vacant parcels available for development and ongoing infrastructure improvements. The recent six-lane expansion of US 19 and the extension of the Suncoast Parkway further enhance accessibility and future growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,240,000
- ML approach
- $1,255,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,450,000
- 6.5%
- $1,340,000
- 7%
- $1,245,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,026,000
Market price range: $652k - $1.85M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,315,000 Current use
- RESTAURANT
- $1,775,000 Change: +35% Conversion: Difficult
- OFFICE BUILDING
- $1,285,000 Change: -2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Homosassa
- County
- Citrus
- State
- Florida
- Longitude
- -82.5758
- Latitude
- 28.8114
- CBSA code
- 26140
- CBSA name
- HOMOSASSA SPRINGS, FL MICROPOLITAN 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
$11,467
$160,530
$501,300
$661,830
-
$160,530
$501,300
$661,830
