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Property Description

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.

Features
Central
Central Air
Bathrooms, Kitchen Facility, Reception, Dumpsters, Extra Storage
Sidewalks
Carpet, Luxury Vinyl
Common
Shingle
Public Sewer
Electricity Available, Public, Bb/hs Internet Capable, Phone Available, Water Connected
Address Map
FL
Pasco
WESLEY CHAPEL
33543
28947 STATE ROAD 54 UNIT 28947 & 28949
0
W83° 39' 45.6''
N28° 14' 25.6''
I-75 to SR 54 East. Unit is on the north side just prior to Saddlebrook. Unit(s) are on the left side at the end of the parking area.
Additional Info
REALTY ONE GROUP MVP
Laura Bohannon-Myers
Block, Stucco
0
Slab
One
261529781
261598186
Cash, Conventional
2
Completed
Divided Highway, State Road
No
1
$6,140
2024
Private
C2
04/04/2025 16:58:47
$0

28947 STATE ROAD 54 UNIT 28947 & 28949, WESLEY CHAPEL, Florida 335

28947 STATE ROAD 54 UNIT 28947 & 28949, WESLEY CHAPEL, Florida 33543

1,980 Sqft
$590,000
Listing ID #TB8370497
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : TB8370497
Price : $590,000
Square Footage : 1,980 Sqft
Year Built : 2000
Lot Area : 2,063 Sqft
Standard Status : Active
Building Area : 2,000 Sqft
MLS Status : Active
Property Type : Office
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