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Property profile & analytics
OFF-MARKET Estimated value $285,000
Medical Office Space

402 Dort St Plant City, FL 33563-4318

2,660 SF 0.69 ac lot Built 1965
Individually Owned ~ Est. High Equity
Property ID
US18-4361897
Property summary
AI-generated overview

This 2,660 square foot medical office building, situated on a spacious 30,000 square foot lot in Plant City, Florida, presents a unique investment opportunity. Built in 1965 and renovated in 1985, the single-story building boasts nine private rooms, a lab area, reception and records areas, a waiting room, multiple storage areas, and six bathrooms. The interior features terrazzo flooring throughout, even under carpeted areas. Currently zoned R-2/R-2 - MULTI-FAMILY DWELLING (PLANT CITY), the property offers significant flexibility. The city has indicated potential for conversion into a multifamily property with up to twelve units, making it an attractive option for investors seeking diverse income streams. The building's serene setting, featuring mature landscaping, adds to its appeal. Its convenient location near the interstate and a local hospital further enhances its value. The asking price is $470,000. This property offers a compelling blend of existing medical office functionality and significant multi-family development potential, making it an ideal investment for those seeking a versatile and high-return property in a thriving Florida community. The APN is P 29 28 22 ZZZ 000006 09790.0. The address is 402 N Dort St, Plant City, FL 33563.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,660 SF
Lot 0.69 ac (30,000 SF)
Zoning code R-2
APN P292822ZZZ000006097900
UPID US18-4361897
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
  • Miles J Robert MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k
Owner & transaction history
Lumar Rentals L L C
Lumar Rentals L L C
since 2025
4 recorded transactions
2025
$320,000
2020
Price N/A
2003
Price N/A
2003
Price N/A
Zoning & alternative use
R-2 · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of R-2 zone is to provide multiple family dwelling, medium density neighborhoods, and high density neighborhoods

Zone name Multiple Family Dwelling
General category RESIDENTIAL
Zone area 328.88 ac
Source Realmo
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