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730 N Suncoast Blvd 5,450 SF 100% Leased Office Building Crystal River, FL 34429 $870,000 ($159.63/SF) 7% Cap Rate
Investment Highlights
- Modern architecture
- high traffic area of US highway 19
- lots of natural light
Executive Summary
Two prestigious executive office buildings located on US Highway 19 in Crystal River, Florida.
Building (1) consist of 3600 square feet that has a large reception area, conference room, executive office. break room and multiple private offices. This building is has a new 3 year lease with additional option periods to the city of Crystal River for a city hall. The annual Base rent is $60,000.00 with annual increases.
Building (2) is 1850 square feet that is presently leased to a home health care company. This lease expires on February 28, 2026. The annual rent is $26,400.00.
The property is zoned general commercial. With some renovation either building could easily accommodate a retail business The location is near the Crystal River airport and just north of Home Depot. This section of Highway just completed construction for adding an additional lane to accommodate the heavy traffic. Site has excellent access.
Building (1) consist of 3600 square feet that has a large reception area, conference room, executive office. break room and multiple private offices. This building is has a new 3 year lease with additional option periods to the city of Crystal River for a city hall. The annual Base rent is $60,000.00 with annual increases.
Building (2) is 1850 square feet that is presently leased to a home health care company. This lease expires on February 28, 2026. The annual rent is $26,400.00.
The property is zoned general commercial. With some renovation either building could easily accommodate a retail business The location is near the Crystal River airport and just north of Home Depot. This section of Highway just completed construction for adding an additional lane to accommodate the heavy traffic. Site has excellent access.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,450 SF
Building Class
C
Year Built
1992
Price
$870,000
Price Per SF
$159.63
Cap Rate
7%
NOI
$60,900
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,450 SF
Building FAR
0.18
Lot Size
0.69 AC
Zoning
GNC - Zoning is GNC which allows retail and office including medical
1 1
Property Taxes
| Parcel Number | 17E-18S-34-0040-00000-0210 | Total Assessment | $593,877 (2025) |
| Land Assessment | $136,410 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $457,467 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
17E-18S-34-0040-00000-0210
Land Assessment
$136,410 (2025)
Improvements Assessment
$457,467 (2025)
Total Assessment
$593,877 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
1 of 5
Videos
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Photos
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Street
Map
1 of 1
Presented by
Diana G Marcum Realty
730 N Suncoast Blvd
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