NOT LISTED FOR SALE

6938 Medical View Ln Zephyrhills, FL 33542

Estimated Value: $1,024,181

-- Bed
4 Baths
4,500 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 17, 2018

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

Est. 24% increase in value since last sale

Current estimated payment $6,860/month

69 Days on Market

Highlights

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

About This Home

As of May 2018

BEAUTIFUL PROFESSIONAL OFFICE BUILDING WITH TWO STRONG INCOME A+ RATED TENANTS 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 CONSISTS OF TWO IDENTICAL SIZE UNITS (2,250 SQ FT EACH UNIT) WITH A SOLID NOI IN A COMBINATION OF FULL SERVICE AND NNN LEASES. MEDICAL BASED TENANTS WITH SIGNIFICANT BUILDOUT INVESTMENTS IN EACH SITE. TENANT “A” HAS APPROXIMATELY 2 YRS REMAINING WITH OPTIONS TO EXTEND THROUGH THE END OF DECEMBER 2021. TENANT “B” EXTENSIONS CURRENTLY BEING NEGOTIATED TO EXTEND THROUGH APRIL 2021. UNITS ARE IN EXCELLENT CONDITION WITH PLUMBING AND CABINETRY IN PLACE. 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 $870,000. **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

Mauricio Uribe

VERTICAL INTERNATIONAL REAL ESTATE LLC License #3045234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,476

Year Built

  • Built in 2006

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 165x145
  • West 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

$8,476

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
  • Lease Term: 3 to 5 Years
  • Lot Size Sq Ft: 23780
  • Directions to Property: FROM US 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=E2205738&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=E2205738&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: 0.94828
  • Price per Sq Ft: 183.33
  • Close to Original List Price Ratio: 0.94828
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Levels: One
  • Street Number Modifier: 6938
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • 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 Connected, Fire Hydrant, Public, 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: 02-26-21-0290-00000-0070
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit
  • Lot Dimensions: 165x145
  • 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: 8476
  • Tax Block: 00000
  • Tax Book Number: 53-024
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Baptiste Daniel and Pabon Susana
Bought by
Marchiniak Lawrence and Marchiniak Virginia
Current Estimated Value
$1,024,181

Purchase Details

Closed on
Nov 26, 2018
Sold by
Bapmont Investments Corp
Bought by
Stirling Retail Center Llc

Purchase Details

Listed on
Jan 30, 2018
Closed on
May 15, 2018
Sold by
Northwind Property Management L L C
Bought by
Bapmont Investments Corp and Stirling Retail Center Llc
Seller's Agent
Brian Infantino
BINGHAM REALTY INC
Buyer's Agent
Mauricio Uribe
VERTICAL INTERNATIONAL REAL ESTATE LLC
List Price
$870,000
Sold Price
$825,000
Premium/Discount to List
-$45,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Jun 30, 2009
Sold by
Knight Lendall S and Knight Christina M
Bought by
North Wind Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2006
Sold by
Ryman Kevin L and Ryman Tammy L
Bought by
Knight Lendall S and Knight Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,868
Interest Rate
6.22%
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
Marchiniak Lawrence $1,075,000 Compass Land & Title
Stirling Retail Center Llc -- Title Search Inc
Bapmont Investments Corp $825,000 Title Search Inc
North Wind Property Management Llc $212,000 Meridian Title Company Inc
Knight Lendall S $607,000 Meridian Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Wind Property Management Llc $450,000
Previous Owner Knight Lendall S $425,868
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2018 05/17/18 Sold $825,000 -5.2% $183 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $870,000 -- $193 / 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 $16,152 $872,678 $100,162 $772,516
2024 $16,152 $708,802 $100,162 $608,640
2023 $15,389 $665,550 $100,162 $565,388
2022 $13,929 $634,900 $100,162 $534,738
2021 $13,251 $594,513 $89,395 $505,118
2020 $13,274 $595,126 $89,395 $505,731
2019 $12,253 $592,714 $89,395 $503,319
2018 $9,678 $521,610 $89,395 $432,215
2017 $8,476 $402,659 $89,395 $313,264
2016 -- $407,435 $89,395 $318,040
2015 -- $411,303 $89,395 $321,908
2014 -- $417,234 $89,395 $327,839
Source: Public Records

Agents Affiliated with this Home

  • Brian Infantino

    Seller's Agent in 2018

    Brian Infantino

    BINGHAM REALTY INC

    (813) 714-2317

    18 in this area

    77 Total Sales

    Brian Infantino
    Section Image
  • Mauricio Uribe

    Buyer's Agent in 2018

    Mauricio Uribe

    VERTICAL INTERNATIONAL REAL ESTATE LLC

    (786) 220-8444

    30 Total Sales

    Mauricio Uribe
    Section Image
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Map

Source: Stellar MLS

MLS Number: E2205738

Stellar MLS

APN: 02-26-21-0290-00000-0070

Florida Pasco County Zephyrhills 33542

6938 Medical View Ln, Zephyrhills, FL

This home is located at 6938 Medical View Ln, Zephyrhills, FL 33542 since 30 January 2018 and is currently estimated at $1,024,181, approximately $227 per square foot. This property was built in 2006. 6938 Medical View Ln is a home located in Pasco County with nearby schools including Woodland Elementary School, Raymond B. Stewart Middle School, and Zephyrhills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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