Medical Office Suite with Private
3982 Bee Ridge Rd Sarasota, FL 34233
3982 Bee Ridge Rd, Sarasota, FL, 34233
Contact for pricing
For Sale
Contact for pricing
Pending
Second-floor medical office suite with a finished interior layout including exam rooms, offices, and multiple restrooms.
Property Size2,124 SF
Days on Market614
Property Features for 3982 Bee Ridge Rd
General Information
- Standard status
- Pending
- Size
- 2,124 SF
- Property subtype
- Office
Building Details
- Year Built
- 1990
Listing agency
Core Commercial Group
(941) 387-1200
Listed by
Diane Lawson · License #FL BK581055
Source
Crexi
Added: Nov 14, 2024 Updated: Jul 20 at 9:20PM Checked: Jul 20 at 9:20PM
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 Core Commercial Group
Investment Insights
Based on property information with market context.
Second-floor medical office unit offering a very efficient interior layout designed around patient flow and administrative support. The space includes a waiting/reception area, a second waiting area, three restrooms, a lab area, five exam rooms, and five offices. Finishes include tile and wood laminate flooring, and the unit is described as nicely finished with little work needed if any.
The suite provides entrance/exit access with a separate, private entry/exit. The property is listed for sale as a dedicated office unit suitable for a medical practice setup based on its exam room and lab components.
Overall, the configuration supports clinical and support functions within a single suite, including reception, exam rooms, office space, and restroom facilities.
The suite provides entrance/exit access with a separate, private entry/exit. The property is listed for sale as a dedicated office unit suitable for a medical practice setup based on its exam room and lab components.
Overall, the configuration supports clinical and support functions within a single suite, including reception, exam rooms, office space, and restroom facilities.
Key Highlights
- Second‑floor medical office suite in a building built in 1990
- Finished interior layout includes waiting/reception, lab area, and multiple offices
- Configured with 5 exam rooms and 5 offices
Local 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 | $48.9k | $23.04 |
| − Vacancy | −$2.7k | −$1.27 |
| EGI | $46.2k | $21.77 |
| − OpEx | −$11.6k | −$5.44 |
| NOI | $34.7k | $16.33 |
2,124 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$495.5K
$433.6K – $578.1K
NOI $34,684 @ 7.0% cap · market cap 8.26%
Second Best
Healthcare Medical
$468.5K
$409.9K – $546.5K
NOI $32,792 @ 7.0% cap · market cap 7.81%
Theoretical Best
Office A
$624.6K
$546.5K – $728.7K
NOI $43,722 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mastercare Physical Therapy
Physician
Take Care Home ...
Home Health Care Service
Preferred Commercial Inc.
Real Estate Agency
Daniel Knapp, D.C., ...
Alternative Medicine Practice
Functional Medicine Florida ...
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Sarasota Animal Hospital — 4535 Bee Ridge Rd, Sarasota, FL 34233
- Mark Downing DVM — 4535 Bee Ridge Rd, Sarasota, FL 34233
- Cat Hospital of Sarasota — 3845 Bee Ridge Rd, Sarasota, FL 34233
- Vet Wellcare Vaccinations Clinic at Pet Supermarket — 4270 Bee Ridge Rd, Sarasota, FL 34233
- Sarasota Veterinarian — 4535 Bee Ridge Rd, Sarasota, FL 34233
FAQs
What type of property is this?
Medical Office Space - Second-floor medical office suite with a finished interior layout including exam rooms, offices, and multiple restrooms.
Where is this medical office space located?
The property is located at 3982 Bee Ridge Rd Sarasota, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Second‑floor medical office suite in a building built in 1990; Finished interior layout includes waiting/reception, lab area, and multiple offices; Configured with 5 exam rooms and 5 offices
