NOT LISTED FOR SALE

6937 Medical View Ln Zephyrhills, FL 33542

Estimated Value: $1,366,279

-- Bed
4 Baths
4,500 Sq Ft
$304/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $825,000 $183 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,668/month

62 Days on Market

Highlights

  • Oak Trees
  • Property is near public transit
  • High Speed Internet
  • 0.55 Acre Lot
  • Central Heating and Cooling System
  • East Facing Home

About This Home

As of July 2018

Under Contract ACCEPTING BACKUPS! BEAUTIFUL PROFESSIONAL OFFICE BUILDING WITH SOLID STRONG INCOME A+ RATED TENANT OFFERED AT AN APPROXIMATE 9.5% CAP RATE!!! THIS 4,500 SQ FT 2006 CONCRETE BLOCK CONSTRUCTED CONTEMPORARY PROFESSIONAL COMMERCIAL BUILDING IN THE DAUGHTERY RD PROFESSIONAL PARK WITH A SOLID GUARANTEED NOI. MEDICAL BASED TENANT WITH SIGNIFICANT BUILDOUT INVESTMENTS & UPGRADES THROUGHOUT BUILDING. TENANT EXTENSIONS CURRENTLY BEING NEGOTIATED TO EXTEND THROUGH MARCH 2021. UNIT IS IN EXCELLENT CONDITION WITH PLUMBING AND CABINETRY IN PLACE. BUILDING IS ESSENTIALLY TWO SEPARATE UNITS COMBINED AS ONE. COULD EASLIY BE DIVIDED BACK UP AGAIN IN FUTURE IF NEED BE. PARKING LOT HAS BEEN FRESHLY RESTRIPED AND SEALED, AND INTERIOR OF UNITS HAVE BEEN RECENTLY PAINTED. THE OFFICE PARK OFFERS TWO MONUMENT SIGNS WITH RIGHTS FOR ALL TENANTS. LOW PARK HOA FEES OF ONLY $100 PER MONTH. THE PROFESSIONAL PARK IS 100% OCCUPIED AND PROFESSIONALLY MANAGED MAINTAINING STRENGTH AND INTEGRITY FOR INVESTORS & OWNERS. EXCELLENT LOCATION ADJACENT TO FLORIDA HOSPITAL ZEPHYRHILLS. MORE DETAILED INFORMATION AVAILABLE UPON EXECUTION OF CONFIDENTIALITY AGREEMENT. SHOWN BY AFTER-HOURS APPOINTMENTS ONLY. BEING OFFERED AT $850,000. **ADJACENT 4,500 SQ FT BUILDING ALSO FOR SALE AS A SEPERATE OFFERING - SALE OF TWO BUILDINGS CAN BE PACKAGED SIMULTANEOUSLY - CALL FOR MORE DETAILS** 1031 EXCHANGES AND FINANCING OFFERS WILL BE CONSIDERED. CALL TODAY!

Last Agent to Sell the Property

Brian Infantino

BINGHAM REALTY INC License #700275 Listed on: 01/30/2018

Last Buyer's Agent

Pat Rairigh

RAIRIGH REALTY & INVESTMENTS License #699523

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,469

Year Built

  • Built in 2006

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 144x167
  • East Facing Home
  • Oak Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • 4,500 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Block Exterior
  • Stucco

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Built by Ryman Construction
  • Daughtery Road Professional Center 03 Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,469

Year Built

Built in 2006

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Living Area: 4500
  • Lot Size Acres: 0.55
  • New Construction: No
  • Year Built: 2006
  • Lot Size Sq Ft: 24102
  • Directions to Property: FROM US HWY 301 (GALL BLVD) HEAD EAST ON DAUGHTERY RD TO SOUTH ON MEDICAL VIEW LANE
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=E2205739&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=E2205739&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97059
  • Price per Sq Ft: 183.33
  • Close to Original List Price Ratio: 0.97059
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 6937
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0293F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Sidewalk
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Deposits Y N: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1200
  • Monthly HOA Fee: 100
  • Total Monthly Fees: 100

Lot Info

  • Zoning: OP
  • Parcel Number: 02-26-21-0290-00000-006A
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Sidewalk
  • Lot Dimensions: 144X167
  • Flood Zone Code: X
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ryman Construction

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: SERVICE ANIMALS ONLY

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 8469
  • Tax Block: 00000
  • Tax Book Number: 53-024
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Jul 2, 2018
Sold by
Jg Housing Solutions Llc
Bought by
6937 Mvl Llc
Seller's Agent
Brian Infantino
BINGHAM REALTY INC
Buyer's Agent
Pat Rairigh
RAIRIGH REALTY & INVESTMENTS
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Current Estimated Value
$1,366,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,279
Avg. Annual Appreciation
7.14%
Original Mortgage
$618,750
Outstanding Balance
$536,313
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$829,966

Purchase Details

Closed on
Feb 16, 2006
Sold by
Ryman Kevin L and Ryman Tammy L
Bought by
Jg Housing Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
7.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
6937 Mvl Llc $825,000 Flagship Title
Jg Housing Solutions Llc $824,485 Flagship Title Of Tampa Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6937 Mvl Llc $618,750
Previous Owner Jg Housing Solutions Llc $622,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $825,000 -2.9% $183 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $850,000 -- $189 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,155 $872,875 $101,096 $771,779
2024 $16,155 $708,922 $101,096 $607,826
2023 $15,390 $665,593 $101,096 $564,497
2022 $13,928 $634,866 $101,096 $533,770
2021 $13,248 $594,354 $90,281 $504,073
2020 $13,269 $594,890 $90,281 $504,609
2019 $12,247 $592,401 $90,281 $502,120
2018 $9,670 $521,220 $90,281 $430,939
2017 $8,469 $402,315 $90,281 $312,034
2016 -- $408,321 $90,281 $318,040
2015 $8,923 $412,189 $90,281 $321,908
2014 $8,881 $418,120 $90,281 $327,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: E2205739

Stellar MLS

APN: 02-26-21-0290-00000-0060