Active
$1,000,000
$311/sqft
HOA: NoneTaxes: $8,760/yr1d on market
0 Baths|3,213 Sq Ft|Built 1978
0 Views 0 Saved

🔥 Just listed — this home matches what most buyers are looking for in this area.

Acreage
Lot Size
0.6 acres
Lot Sqft
26,127 sqft
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

Schedule a Tour

Scheduling is free, cancel anytime.

Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Fresh listing — 1 day on market
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Fully leased, single-tenant medical office occupied by Millennium Medical on a NNN lease with annual rent escalations and two 2-year renewal options — a passive, inflation-hedged income stream with no landlord responsibility for taxes, insurance, or maintenance. The purpose-built medical layout includes seven exam rooms, three private physician offices, a dedicated lab, and a staff kitchen/lounge. Three new HVAC systems were recently installed, eliminating the largest near-term capital expense a buyer would otherwise face. At $315/SF with in-place NNN rent of $18.78/SF, the property offers durable cash flow with built-in growth in Palmetto's expanding Manatee County medical corridor.

Subdivision
EAST PALMETTO
County
Manatee
Zip Code
34221
Community
EAST PALMETTO

Neighborhood

Map unavailable

Type
Medical Office
Living Area
3,213 sqft
Construction
Block, Concrete, Stucco
Roof
Shingle
Flooring
Pool
None
HOA
None
  • Electricity Available
Bedrooms
Bathrooms
0
Year Built
1978
Construction
Block, Concrete, Stucco
Flooring
Roof
Shingle
Garage Spaces
0
Cooling
Central Air
Heating
Waterfront
No
Pet Restrictions
Lot Size
0.6 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$8,760
No HOA fees on this listing.
Down Payment20% — $200,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$5,057
HOA Fee
$0
Est. Property Tax
$730
Est. Insurance
$333
Total Est. Monthly Cost$6,120

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

Homes Like This in East Palmetto