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Property profile & analytics
OFF-MARKET
Office buildings

806 1st SE Ave Steinhatchee, FL 32359

1,040 SF 0.23 ac lot Built 1958
Individually Owned 9-yr Hold Free & Clear
Property ID
US18-6115063
Property summary
AI-generated overview

This exceptional 1,040 square foot office building presents a remarkable opportunity in the thriving Steinhatchee, Florida market. Located at 806 SE First Avenue, this property boasts superior road frontage directly across from Maddie's Market, ensuring high visibility and foot traffic. The building is move-in ready and offers two spacious office areas, each with its own separate entrance, ideal for housing two distinct businesses or creating a flexible layout to suit individual needs. A shared common area includes a break room and a combined bathroom/utility closet, providing convenient amenities for occupants. Beyond the main building, the 0.23-acre lot includes a mobile office, offering additional workspace or potential for expansion. Furthermore, there's ample extra space suitable for various uses, such as additional business operations or RV rentals, adding significant versatility to this already attractive investment. Priced competitively at $300,000, this property represents an unparalleled value in the Steinhatchee commercial real estate market. Its prime location, versatile layout, and additional space make it an exceptional opportunity for entrepreneurs seeking a profitable venture or investors looking for a strong return. Don't miss out on this exceptional opportunity to own a thriving commercial property in a bustling Florida town.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Construction WOOD
Total area 1,040 SF
Lot 0.23 ac (10,019 SF)
APN 25-09-09-09869-050
UPID US18-6115063
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
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
George H Mckinney · 9 yrs held
George H Mckinney
since 2017
3 recorded transactions
2017
$15,000
2010
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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