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Medical Office with Surgery Suite
For Lease
$26 SF/Yr

640 S LAKE Street, Leesburg, FL 34748

Commercial Lease, LEESBURG, FL

Space Size4,072 SF
Lot Size0.97 Acres
Days on Market326

Property Features for 640 S LAKE Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning C-2
Directions From the turnpike head north Hwy 27 to Leesburg, Right on Dixie Ave, Right on S Lake St
Subdivision 34748 - Leesburg
Standard status Active
APN 25-19-24-0003-000-21400
Size 8,642 SF
Lot size 0.97 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description FROM NW COR OF SW 1/4 RUN S 60.43 FT TO S R/W LINE OF DIXIE AVE E ALONG SAID S R/W LINE 1345.48 FT TO E R/W LINE OF LAKE ST S 00DEG 21MIN 47SEC E 407.62 FT FOR POB CONT S 00DEG 21MIN 47SEC E 192.38 FT E 220 FT N 00DEG 21MIN 47SEC W 192.44 FT S 89DEG 58MIN 59SEC W 220 FT TO POB ORB 1670 PG 2187
Tax Annual Amount 25853
Legal Description FROM NW COR OF SW 1/4 RUN S 60.43 FT TO S R/W LINE OF DIXIE AVE E ALONG SAID S R/W LINE 1345.48 FT TO E R/W LINE OF LAKE ST S 00DEG 21MIN 47SEC E 407.62 FT FOR POB CONT S 00DEG 21MIN 47SEC E 192.38 FT E 220 FT N 00DEG 21MIN 47SEC W 192.44 FT S 89DEG 58MIN 59SEC W 220 FT TO POB ORB 1670 PG 2187

Utilities

Cooling system Central Air

Amenities

kitchen/breakroom
security system
lighted monument sign

Building Details

Year built 1999
Building materials Block
Listing Agency: CARLINO REAL ESTATE GROUP INC
Listed By: Jonathan Martin · License #SL3402836
Added: Oct 6, 2025 Changed: Aug 25 Last Checked: Aug 27 at 4:06PM
MLS# G5101981

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This medical office property is configured for clinical operations, with 9 exam rooms, multiple private offices, storage, and a dedicated surgery room. A separate waiting area serves the surgery room, while the main reception and waiting space provides additional patient circulation. The premises also include a kitchen and breakroom, security system, lighted monument sign, and central air conditioning. Block construction and a roof replaced three years ago are also noted.

The property occupies 0.97 acres at 640 S Lake Street in Leesburg, directly across from UF Health Leesburg Hospital. It is zoned C-2 and includes 44+ parking spaces, supporting access for patients and staff. Built in 1999, the facility is suited to a medical practice seeking an established clinical layout in a hospital-adjacent setting.

Key Highlights

  • 9 exam rooms with multiple private offices
  • Dedicated surgery room with a separate private waiting room
  • 44+ parking spaces for patients and staff

Property Analytics

Current Use

Fishman & Sheridan eyeCare ... Medical Clinic Jeffrey A. Sheridan, M.D. Ophthalmologist Dr. Luis Pluas Physician Tully Patrowicz Ophthalmologist Craig D. Fishman, ... Eye Care Center

Suggested Use

Top Pick Auto Parts Store Building Supply Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,101
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34748, FL

45,481
Population
25,740
Households
1.8
Avg Household Size
60
Median Age
24%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$53,768
Median Household Income
$30,762
Median Earnings
$1,181
Median Rent
$226,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - C-2-zoned medical facility with dedicated patient areas, staff amenities, and direct hospital-facing positioning.
Where is this medical office space located?
The property is located at 640 S LAKE Street Leesburg, FL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 9 exam rooms with multiple private offices; Dedicated surgery room with a separate private waiting room; 44+ parking spaces for patients and staff
More about this property
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