Medical Office Building with Flexible
1601 WILLIAMSBURG Square Lakeland, FL 33803
1601 WILLIAMSBURG Square, Lakeland, FL, 33803
$550,000
Pending
For Sale
$550,000
Pending
SINGLE_FAMILY - LAKELAND, FL
Property Size2,000 SF
Lot Size0.12 Acres
Days on Market34
Property Features for 1601 WILLIAMSBURG Square
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- PUD
- Standard status
- Pending
- APN
- 24-28-32-263533-000180
- Size
- 2,000 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WILLIAMSBURG SQUARE PB 73 PG 29 LOT 18 & W1/2 OF LOT 17
- Tax Annual Amount
- 3514
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Building materials
- Block
Listing agency
KELLER WILLIAMS REALTY SMART
(863) 577-1234
Listed by
Chris Renfro · License #3425065
(407) 467-5760
Added: Jun 18 Updated: Jul 20 at 9:53PM Checked: Jul 21 at 7:06PM
MLS# L4962908
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 building offers a flexible interior layout designed to support a range of professional and healthcare-related operations. The space includes room for reception, private offices, exam rooms, administrative areas, storage, and client or patient waiting areas.
The property is located at 1601 WILLIAMSBURG Square in Lakeland, Florida, and is zoned PUD. The listing notes that buyers should verify zoning, permitted uses, measurements, parking, utilities, and any required approvals with the appropriate municipality.
With its dedicated medical-use configuration, the building may be suitable for medical, wellness, therapy, professional office, or specialty service users, subject to confirming allowable uses and requirements during due diligence.
The property is located at 1601 WILLIAMSBURG Square in Lakeland, Florida, and is zoned PUD. The listing notes that buyers should verify zoning, permitted uses, measurements, parking, utilities, and any required approvals with the appropriate municipality.
With its dedicated medical-use configuration, the building may be suitable for medical, wellness, therapy, professional office, or specialty service users, subject to confirming allowable uses and requirements during due diligence.
Key Highlights
- Approximately 2,000 sq. ft. medical office space designed for healthcare and professional use
- Zoned for medical use, with flexible layout for a range of professional and healthcare‑related operations
- Layout includes reception, private offices, exam rooms, administrative space, storage, and client/patient waiting areas
Local Financial Insights For Healthcare Medical
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 | $46.8k | $23.40 |
| − Vacancy | −$4.9k | −$2.46 |
| EGI | $41.9k | $20.94 |
| − OpEx | −$16.8k | −$8.38 |
| NOI | $25.1k | $12.57 |
2,000 SF · lease $23.40/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$359.0K
$314.2K – $418.9K
NOI $25,132 @ 7.0% cap · market cap 4.57%
Second Best
Office B
$351.0K
$307.1K – $409.5K
NOI $24,570 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$480.6K
$420.5K – $560.7K
NOI $33,643 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Herminio Cuervo-Delgado, ...
Physician
Neurodiagnostic Labs
Physician
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FAQs
What type of property is this?
Medical Office Space - Zoned PUD for medical use, this property offers reception, private offices, exam rooms, and waiting areas.
Where is this medical office space located?
The property is located at 1601 WILLIAMSBURG Square Lakeland, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 2,000 sq. ft. medical office space designed for healthcare and professional use; Zoned for medical use, with flexible layout for a range of professional and healthcare‑related operations; Layout includes reception, private offices, exam rooms, administrative space, storage, and client/patient waiting areas
