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    Property profile & analytics

    616 Palmetto St Leesburg, FL 34748-4417

    • Office buildings
    • 6,912 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-4982795
    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.

    Current Use by Public Records

    • Advanced Wellness & Orthopedic Center / Orthopedic Surgeon
    • Dr. Fouad M. Shami, MD / Urologist
    • Dr. Thomas J. Sanders, MD / Urologist
    • Dr. David R. Brunetti, MD / Urologist
    • Andrew Sher / Urologist

    Property Details for 616 Palmetto St

    Year built
    1978
    Construction
    CONCRETE BLOCKS
    Lot size
    0.64 lot acres
    Property size
    6,912 SF
    Property type
    Office buildings
    APN
    23-19-24-0004-000-08506
    APU
    231924000400008506

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.8747
    Latitude
    28.8175
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN 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
    $14,266
    $0.00
    $0.00
    $871,512
    -
    $186,340
    $685,172
    $871,512

    Comparable in this City

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      109 Oak Ave

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      31570 Progress Rd

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      1208 Dixie Ave

      PROFESSIONAL BUILDING • 1,367 SF
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      1026 Wn Blvd

      OFFICE BUILDING • 1,258 SF
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      Leesburg Medical Office Building

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    Similar Nearby for Lease

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      Downtown Leesburg Freestanding Office Building

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      Leesburg Medical Office Space for Lease

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      Office/warehouse with mixed-use potential in Leesburg Commerce Park.
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      Medical suite for lease directly across from UF Health.
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      Medical Office Space Available

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    Property Visit Statistics

    • Visits by month
      1.5k
    • Visitors by month
      968
    • Avg Time on site
      17 min
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    616 Palmetto St
    Leesburg, FL 34748-4417
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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