Ground-Floor Medical Office
For Sale
$499,000
1400 W Oak Street Unit C1/D2, Kissimmee, FL 34741
Built-out clinical space with private offices, reception, records storage, a break room, and multiple restrooms.
Property Size1,868 SF
Price / SF$267.13
Days on Market167
Property Features for 1400 W Oak Street Unit C1/D2
General Information
Standard status
Active
Size
1,868 SF
Property subtype
Commercial
Additional Details
Floor
Ground Floor
Asking Price
$550,000
Building Details
Year Built
1990
Listing Agency:
CAPSTRATA PROPERTY MANAGEMENT LLC
Listed By:
Veronica Malolos · License #BK3243791
(407) 875-9989
Source:
Realtygroupfl
Added: Apr 22
Changed: Oct 4
Last Checked: Oct 4 at 10:06AM
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 CAPSTRATA PROPERTY MANAGEMENT LLC
Investment Insights
Based on property information with market context.
This 1,868-square-foot medical office condominium occupies a ground-floor position within a professional office complex. The built-out interior includes five treatment or exam rooms, a private physician office, a manager’s office, reception and waiting areas, a records and storage room, a break room, and three restrooms. The configuration is suited to medical, wellness, med-spa, therapy, or professional office operations.
The property is located at 1400 W. Oak Street, Suites C & D, in Kissimmee, Florida, less than one-half mile from Osceola Regional Medical Center. Shared parking serves the office complex, while the address provides access to nearby healthcare providers, retail amenities, and residential neighborhoods. Constructed in 1990, the condominium may accommodate an owner-user or investor seeking an established medical office layout.
The property is located at 1400 W. Oak Street, Suites C & D, in Kissimmee, Florida, less than one-half mile from Osceola Regional Medical Center. Shared parking serves the office complex, while the address provides access to nearby healthcare providers, retail amenities, and residential neighborhoods. Constructed in 1990, the condominium may accommodate an owner-user or investor seeking an established medical office layout.
Key Highlights
- 1,868 SF medical office condominium
- Ground‑floor suite with five treatment or exam rooms
- Private physician office and manager’s office included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,908
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,160
$558.2K
Cap Rate 7%
$398,686
$398.7K
Cap Rate 9%
$310,089
$310.1K
Market Conditions
NOI Build-Up for 1,868 SF
Gross rent
$44.8K $24.00/SF
− Vacancy
−$7.6K −$4.08/SF
EGI
$37.2K $19.92/SF
− OpEx
−$9.3K −$4.98/SF
NOI
$27.9K $14.94/SF
Area
Osceola County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,160
Cap Rate 7%
$398,686
Cap Rate 9%
$310,089
Alternative Uses
Best Use
Office B
$398.7K
$348.9K – $465.1K
NOI $27,908 @ 7.0% cap · market cap 5.59%
Second Best
Healthcare Medical
$380.4K
$332.9K – $443.8K
NOI $26,630 @ 7.0% cap · market cap 5.34%
Theoretical Best
Specialty Retail
$577.6K
$505.4K – $673.9K
NOI $40,433 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,411
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34741, FL
56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Built-out clinical space with private offices, reception, records storage, a break room, and multiple restrooms.
Where is this medical office space located?
The property is located at 1400 W Oak Street Unit C1/D2 Kissimmee, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,868 SF medical office condominium; Ground‑floor suite with five treatment or exam rooms; Private physician office and manager’s office included
