Medical Office with Birthing
1900 E Bay Dr, Largo, FL 33771
Turnkey medical office space with unique birthing suites.
Type:Office
Property size:
4,875 SFPrice / SF:
$306/SF- Added:
- Mar 19, 2026
- Days on Market:
- 101
- Last Refresh:
- Mar 20 at 8:51 pm
Property Features for 1900 E Bay Dr
General Information
- Standard status
- Active
- Size
- 4,875 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing office Berkshire Hathaway HomeServices Florida Properties Group
Listing date Mar 19, 2026
Source Crexi
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 Berkshire Hathaway HomeServices Florida Properties Group
HighLights
- Turnkey medical facility featuring a well‑designed medical floor plan, including offices, exam rooms with plumbing, lab, conference room, and kitchen.
- Three private birthing suites, each with a full private bathroom and private outside exit.
- Located in the East Bay medical corridor, near assisted living facilities, with convenient access to major thoroughfares.
- Built in 2007.
- Flexibility for owner‑user occupancy with potential for immediate income from existing tenant.
- Access to 50% use of monument signage on East Bay Drive.
Overview
This property, constructed in 2007, presents a unique opportunity for investors and owner-users alike. The 4,875 square foot space features a medical floor plan that includes 5 private offices, 4 exam rooms equipped with plumbing, a laboratory area, a large conference/classroom, reception and waiting areas, and a kitchen/break area. A distinctive feature of the property is the inclusion of three private birthing suites, each with a full private bathroom and shower, and a private exit to an outside area. This makes the space suitable for women’s health providers, specialty medical practices, wellness clinics, or other healthcare users. The new owner will have access to 50% use of the monument signage on East Bay Drive. The property currently has a tenant in place, offering flexibility for future owner-user occupancy and the potential for immediate income. Located near Royal Palms and Heron House of Largo, both assisted living facilities, the property benefits from a strong demand for medical and healthcare services in the area. Situated within the East Bay medical corridor, the property offers convenient access to major thoroughfares, surrounding medical providers, and nearby residential communities, making it an attractive option for investors and medical owner-users seeking a turnkey facility in the Largo market.
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 | $126.9k | $26.04 |
| − Vacancy | −$26.0k | −$5.34 |
| EGI | $100.9k | $20.70 |
| − OpEx | −$25.2k | −$5.18 |
| NOI | $75.7k | $15.53 |
4,875 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.08M
$946.1K – $1.26M
NOI $75,691 @ 7.0% cap · market cap 5.06%
Second Best
Healthcare Medical
$642.3K
$562.0K – $749.4K
NOI $44,963 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,762 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Christine Hilderbrandt, ARNP
Physician
Laci Spengler
Midwife
Ellen Hoppe
Midwife
Victoria D. Bennett, ...
Midwife
Cynthia Mccullough
Midwife
Similar Places Nearby
- East Bay Animal Hospital — 3445-A E Bay Dr, Largo, FL 33771
- Kelley Kevin M DVM — 3445 E Bay Dr STE A, Largo, FL 33771
- Coastal Animal Clinic — 1019 Highland Ave, Largo, FL 33770
Location Insight
- Map
- Local Demand
- City
- Largo
- County
- Pinellas
- State
- Florida
- Longitude
- -82.76811
- Latitude
- 27.917256
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Turnkey medical office space with unique birthing suites.
Where is this medical office space located?
The property is located at 1900 E Bay Dr Largo, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Turnkey medical facility featuring a well‑designed medical floor plan, including offices, exam rooms with plumbing, lab, conference room, and kitchen.; Three private birthing suites, each with a full private bathroom and private outside exit.; Located in the East Bay medical corridor, near assisted living facilities, with convenient access to major thoroughfares.
