Property profile

673 3rd Ave Welaka, FL 32193

OFF-MARKET
Commercial land
Property ID
US18-5209217
1,479 SF 0.29 ac lot Built 1950
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a commercial building in Welaka, Florida, situated on a 0.29-acre lot and totaling 1,419 square feet. It is zoned for commercial use and consists of two sections: Side A, which is the larger portion and has previously been occupied by a tenant on a month-to-month basis, and Side B, which is a smaller portion with an unfinished interior that can be finished and customized for a variety of uses. The remodeled portion (Side B as described) includes a waiting room, an employee kitchen area, two enclosed rooms, and one bathroom.

Property profile

Verified
Property type Commercial land
Use group OFFICE BUILDING
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,479 SF
Lot 0.29 ac (12,632 SF)
APN 41-12-26-9200-018.0-003.0
UPID US18-5209217

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician

Location

673 3rd Ave Welaka, FL 32193-3401
Welaka metro Census 951300 PALATKA, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2025
Last sale
$100,000
5 recorded transactions
2025
Price N/A
2022
$100,000
2021
$70,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 673 3rd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message