Hernando Park Place

5327 Commercial WAY #C114

$187,500

● Commercial - Off Market

5327 Commercial WAY #C114

SPRING HILL, FL 34607

Studio

0 Bath

1,098 Ft²

$1,142

Est. Monthly

5.65%

Cap Rate

About This Property

Ideal professional office space location off of US HWY 19. Park Place office complex is currently home to Attorney, Real Estate, Insurance, Home Health Care offices and more. This furnished office space includes 4 separate office rooms divided by lobby and reception area. Office room dimensions: Office room 1) 11x16, Office room 2) 9x12, Office/Conference room 3) 14x16 & Office room 4) 10x10. Potential to rent out individual office rooms! Private bathroom. Kitchen area with mini fridge. Office desks, conference table, chairs, book cases, credenza, file cabinets, existing security system, phone system and more included. Property Owners Assoc. dues include exterior maintenance, roof, public water and trash pickup. New A/C in 2018. Picturesque courtyard. Cluster mailbox system. Directory signage. Recorded sinkhole repair documentation available. Owner financing available with 20% down 7% interest rate 5 year balloon.

Unit Size

1,098 Ft²

Days on Market

106 days

Land Size

0.03 acres

Price per sqft

$182

Property Type

Commercial

Property Taxes

$160

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #U8234475)

Price History

Date / Event	Date	Event
Jun 26, 2024	Sold	Premium
Sold
Jun 1, 2024	In contract	-
In contract
May 9, 2024	Price Decreased	$199,750 ↓ $20K (9.2%)
Price Decreased
Mar 12, 2024	Listed by PROPERTY SOLUTIONS REALTY GRP	$220,000
Listed by PROPERTY SOLUTIONS REALTY GRP

Property Highlights

Air Conditioning

Parking Details

Parking Features: Common

Interior Details

Flooring Type: Carpet, Ceramic Tile

Exterior Details

Square Footage: 1098

Square Footage Source: $0

Year Built: 1987

Building Area Total: 1098

Building Area Units: Square Feet

Construction Materials: Brick, Wood Siding

Lot Size Area: 1308

Lot Size Units: Square Feet

Lot Size Acres: 0.03

Lot Size Square Feet: 1308

Financial Details

Tax Annual Amount: $1,923

Utilities Details

Cooling Type: Central Air

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Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20250716 Unit B105 07/16/2025	B105	Loft	-	706 ft²	$124,900 Loft - 706 ft²	$85,000 -31.95% 08/29/2025	John Mamo Keller Williams - Spring Hill
20240312 Unit C114 03/12/2024	C114	Loft	-	1098 ft²	$220,000 Loft - 1098 ft²	$187,500 -14.77% 06/26/2024	Michele Archbell PROPERTY SOLUTIONS REALTY GRP
20211229 Unit A102 12/29/2021	A102	Loft	-	476 ft²	$85,000 Loft - 476 ft²	$82,500 -2.94% 03/22/2022	Minh Ho RE/MAX ALLIANCE GROUP
20191113 Unit B105 11/13/2019	B105	Studio	-	-	$114,900 Studio -	- -	-
20190501 Unit A103 05/01/2019	A103	Studio	-	-	$199,900 Studio -	- -	-

Building Info

5327 Commercial Way 5327 Commercial Way, Spring Hill, FL 34607

1 Unit for Sale

More about this Building

Want to find out who owns 5327 Commercial Way, Spring Hill, FL 34607? Get detailed property transactions here.

About Spring Hill

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

Average Home Size

1895 ft²

Average Home Age

27.7 years

Currently For Sale

623 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Listed by: Michele Archbell
PROPERTY SOLUTIONS REALTY GRP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8234475

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.