The Villages Professional Office
3400 SOUTHERN Trce The Villages, FL 32162
For Sale
$2,325,000
Professional office building in The Villages with recent updates.
Property Size5,950 SF
Lot Size0.95 Acres
Price / SF$390.76
Days on Market98
Property Features for 3400 SOUTHERN Trce
General Information
Standard status
Active
Size
5,950 SF
Lot size
0.95 Acres
Property subtype
Commercial
Building Details
Year Built
2003
Listing Agency:
(352) 446-7769
Listed By:
Brock Wiley · License #3534261
(352) 446-7769
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 8:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brock Wiley
Investment Insights
Based on property information with market context.
This professional office building is strategically located in The Villages, just off CR 466 behind a Citizens First Bank, offering convenient golf cart access. The building spans 5,950 square feet and includes 5 private offices, 4 bathrooms, a large conference room, a break room, and a receptionist area. A server room is equipped with a mini-split A/C unit for climate control. Recent enhancements include a new A/C system installed in 2024 and cosmetic updates throughout. The property is situated on a 0.95-acre lot and features 24 parking spaces. The property is suitable for a variety of business needs. The location has a bike score of 58, indicating it is bikeable, and a walk score of 50, indicating car-dependence.
Key Highlights
- Prime location in The Villages with golf cart access.
- Fee Simple Title (ownership of the land and building).
- Large 5,950 sq ft office space with 5 private offices, conference room, break room, and receptionist area.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $148.5k | $24.96 |
| − Vacancy | −$26.7k | −$4.49 |
| EGI | $121.8k | $20.47 |
| − OpEx | −$30.4k | −$5.12 |
| NOI | $91.3k | $15.35 |
5,950 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,335 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,238 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Professional office building in The Villages with recent updates.
Where is this office building located?
The property is located at 3400 SOUTHERN Trce The Villages, FL.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: Prime location in The Villages with golf cart access.; Fee Simple Title (ownership of the land and building).; **Large 5,950 sq ft office space** with 5 private offices, conference room, break room, and receptionist area.
