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    OFF-MARKET
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lumar Rentals L L C
    Lumar Rentals L L C
    since 2025
    4 recorded transactions
    2025
    $320,000
    2020
    2003
    2003
    Zoning & alternative use
    R-2 · Plant City, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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