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    OFF-MARKET
    Office buildings

    5207 Marine Pkwy, New Port Richey, FL 34652-4234

    792 SF 0.15 ac lot Built 1959
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US18-0809258
    Property summary
    AI-generated overview

    This standalone office building in New Port Richey, Florida, presents a compelling investment opportunity. Priced at $170,000, this 936 square foot Class C building sits on a 0.15-acre lot with Highway Commercial zoning. Built in 1959, the single-story structure boasts a newer HVAC unit and roof, offering immediate cost savings. The property includes 10 parking spaces, comprised of nine striped spots, one carport spot, and additional yard parking. The building itself features three private offices, a lobby, reception area, one bathroom, and an unfinished storage room. Adding to its appeal is a 528 square foot carport, a 120 square foot storage shed, and a fenced yard with a planted garden. Located on a high-traffic street near the US19 & Marine Parkway intersection, this property is ideally suited for a variety of office and professional service businesses seeking visibility and accessibility within the US19 corridor. The property's APN is 08-26-16-0070-00000-1750. This is a rare opportunity to acquire a well-maintained, versatile office space in a prime location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1959
    Total area 792 SF
    Lot 0.15 ac (6,500 SF)
    Zoning code 000C
    APN 08-26-16-0070-00000-1750
    UPID US18-0809258
    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
    • MELISSA FARRELL, LCSW Counselor Mental Health Service
    • Ms. Cassandra Gadouas Counselor Practitioner Service Location
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Parthenon Restoration & Remodeling · 1 yrs held
    Parthenon Restoration & Remodeling
    since 2025
    Last sale
    $160,000
    4 recorded transactions
    2025
    $160,000
    2017
    2016
    $70,100
    2002
    $145,000
    Zoning & alternative use
    000C · New Port Richey, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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