28947 STATE ROAD 54 UNIT 28947 & 28949 WESLEY CHAPEL FL 33543 MLS #TB8370497

28947 STATE ROAD 54 UNIT 28947 & 28949
WESLEY CHAPEL, FL, 33543
$590,000
Beds
0 Baths
2,000 SqFt
0.05 Acres
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Now offered at $590,000, recently reduced from $675,000, this commercial asset represents a strong investment opportunity in one of Wesley Chapel’s most strategic locations—directly across from the Saddlebrook Resort.

The building consists of two separately metered units, each offering just under 1,000 square feet of well-maintained commercial space. Both units are currently leased by the same established tenant, generating a total monthly rental income of $4,546. The leases are structured to remain in place through January 2026, providing stable cash flow and a clear return horizon. There is also potential for lease renewal upon expiration, adding to the long-term investment appeal.

In 2025, seller says a new roof was installed, and a recent inspection was completed, with all noted items professionally repaired by the seller. The property has been proactively maintained, making it well-positioned for continued occupancy or future tenant transitions.

As part of a professionally managed complex, the property benefits from monthly HOA dues of approximately $600, which cover water service and grounds maintenance—streamlining ownership for investors. Additionally, the seller notes that there is an upcoming drainage system repair planned for all buildings in the complex, with each owner expected to contribute approximately $8,000 toward the improvement. In a show of goodwill and to support a smooth transaction, the seller has agreed to credit this full amount to the buyer at closing with any attractive purchase documents—turning what might have been a future expense into an immediate value-add for the new owner. Full HOA documentation is available upon request.

This is a rare chance to acquire a fully leased, income-generating commercial property in one of Pasco County’s fastest-growing corridors. With strong lease terms, recent capital improvements, and a seller credit in place for future repairs, this property checks all the boxes for investors seeking dependable returns and long-term value.

Property Details

Price:
$590,000
MLS #:
TB8370497
Status:
Active
Beds:
0
Baths:
0
Address:
28947 STATE ROAD 54 UNIT 28947 & 28949
Type:
Commercial
Subtype:
Office
Neighborhood:
33543 – Zephyrhills/Wesley Chapel
City:
WESLEY CHAPEL
Listed Date:
Apr 4, 2025
State:
FL
Finished Sq Ft:
2,000
Total Sq Ft:
2,000
ZIP:
33543
Lot Size:
2,063 sqft / 0.05 acres (approx)
Year Built:
2000
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Interior

Cooling
Central Air
Flooring
Carpet, Luxury Vinyl
Heating
Central

Exterior

Community Features
Sidewalks
Construction Materials
Block, Stucco
Parking Features
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Roof
Shingle

Financial

Tax Year
2024
Taxes
$6,140

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28947 STATE ROAD 54 UNIT 28947 & 28949
WESLEY CHAPEL, FL