5321 Grand Blvd - Medical FOR SALE


New Port Richey, FL 34652- Greater New Port Richey South
$1,200,000 USD
786-200-8700
5321 Grand Blvd, New Port Richey, FL for Sale
$1,200,000 USD
Medical - FOR SALE
1/39
null | 8.47% Cap Rate

5321 Grand Blvd
New Port Richey, FL 34652
Greater New Port Richey South


HIGHLIGHTS

  • Situated on approx. 0.62 acres, 4,674 RSF free-standing medical building with excellent visibility, accessibility and prominent building signage.
  • Fully updated, new finishes, IT wiring, double-metered 400 AMPS, LED lighting, upgraded HVAC, and structured cabling for high-demand operations.
  • Exceptional parking ratio with approximately 32 spaces, providing about 6.8 spaces x 1,000 SF.
  • Modern, upgraded interior, medical-ready infrastructure with room to accommodate imaging, outpatient clinics, or specialized practices.
  • Flexible floor plan with multiple private offices, examination rooms, work areas, and administrative space.
  • Strategic New Port Richey location near hospitals, medical providers, residential communities, and major transportation corridors.

OVERVIEW

We are pleased to present the opportunity to acquire a modern, free-standing 4,674 RSF medical and professional office building strategically located in the growing Tampa Bay market. Originally designed as a medical facility, the property has been extensively renovated and modernized while preserving its medical infrastructure, creating an exceptional opportunity for healthcare providers, owner-users, investors, or corporate headquarters. The building is ideally suited for a wide range of professional uses, including medical and specialty practices, outpatient surgery centers, dental and orthodontic offices, imaging and diagnostic facilities, physical therapy, behavioral health, technology companies, executive offices, and regional corporate headquarters. The interior has been thoughtfully upgraded to provide a sophisticated, contemporary working environment featuring an impressive reception lobby, a glass-enclosed executive conference room, multiple private offices, specialized treatment suites, and several former medical exam rooms that retain existing plumbing and utility connections, significantly reducing future build-out costs. The property also includes four bathrooms, including one full bathroom with a shower and changing area, a fully renovated staff kitchen, laundry facilities, and a large flexible room currently configured as a data center that can easily be adapted for additional medical or office space. The building's infrastructure has been substantially enhanced to support demanding medical and technology operations, including dual separately metered 200-amp electrical services, three-phase power availability, structured high-speed data cabling, and systems capable of supporting continuous 24-hour business operations. Recent capital improvements include a professionally maintained energy-efficient roofing system with reflective coating designed to reduce cooling costs, upgraded HVAC systems, LED lighting throughout the building, renovated parking facilities, and numerous cosmetic and mechanical improvements. Situated on approximately 0.62 acres, the property offers 32 surface parking spaces, an outstanding parking ratio of nearly 6.8 spaces per-1,000 square feet, providing exceptional convenience for patients, visitors, and staff. The site also features a private employee picnic area with landscaped green space, enhancing the overall workplace environment. The property's strategic location further enhances its value. Located just 1.5 miles from Downtown New Port Richey with immediate access to U.S. Highway 19, it offers excellent regional connectivity throughout the Tampa Bay metropolitan area. Major healthcare institutions, including Morton Plant North Bay Hospital, HCA Florida Trinity Hospital, HCA Florida Bayonet Point Hospital, the New Port Richey VA Outpatient Clinic, and Tampa General Medical Group, are all located within a short drive, making this an ideal location for medical practitioners seeking proximity to established healthcare networks. This unique property combines medical-ready infrastructure, modern corporate finishes, exceptional parking, and a highly accessible location into a single asset rarely available in today's market. Whether acquired for owner occupancy or investment purposes, it presents a compelling opportunity to establish a premier medical or corporate presence in one of Florida's fastest-growing regions. Easy to show by appointment only. For additional information or to schedule a private tour, please contact: Gustavo Farfan Beachfront Realty – Commercial Division 786-200-8700 Please do not disturb the owner or employees.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

8.47%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Medical / Corporate Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

O

APN/PARCEL ID

08-26-16-0230-00000-0270

ASK ABOUT THIS PROPERTY

Ernesto Farfan O' BrienBeachfront Realty, IncMore Info
786-200-8700

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Ernesto Farfan O' BrienBeachfront Realty, IncMore Info
786-200-8700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.