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Move-In-Ready Medical Office Suite
For Sale
$1,300,000
Pending

202c-809 Highway 466, Lady Lake, FL 32159

Move-in-ready corner unit with split-floor design, procedure rooms, and controlled access for authorized staff.

Property Size3,700 SF
Days on Market148

Property Features for 202c-809 Highway 466

General Information

Standard status Pending
Size 3,700 SF

Additional Details

Traffic Count 23,500 vehicles/day
Listing Agency: Flamingo Real Estate & Mngmt
Listed By: Robert Shoemaker · License #3112582
Source: Exprealty
Added: Mar 12 Changed: Jul 10 Last Checked: Jul 31 at 1:30PM

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 Flamingo Real Estate & Mngmt

Investment Insights

Based on property information with market context.

This move-in-ready medical office suite is located within the Sunset Professional Center and is built out with medical-focused improvements throughout. The suite features a flexible split-floor plan with separate ingress and egress options, supporting configurations that can operate as a single larger office or as two coexisting offices. Interior features include multiple lobbies, reception and display areas, conference space, procedure rooms, a lab room, counseling rooms, and numerous storage and work stations with custom cabinetry and desktops.

The build includes two public restrooms and an employee restroom, along with a shower and sauna room. Kitchen and break-room convenience is provided through two fully equipped kitchens/break rooms with custom lockers and water stations, and an IV Prep Room with closed ventilation intended to maintain a sterile environment. Access is controlled by a badge-controlled security fob, and the suite is also equipped with a video security system. Finishes include granite countertops, stone fascia, acoustical drop ceilings, wood laminate flooring, shiplap accent walls, plantation shutters, and premium white trim.

Set on a busy thoroughfare with FDOT average trips listed in the remarks, the suite offers practical fit for medical and clinical operators looking for an already-built, secure environment with multiple exam/procedure-type rooms and adaptable layout options for staffing needs.

Key Highlights

  • Move‑in‑ready medical suite in Sunset Professional Center with 3,700+ SF corner‑unit layout
  • Flexible split‑floor plan with separate ingress and egress for one large office or two separate offices
  • Includes reception and lobby space with granite countertops and stone fascia, plus drop ceilings with acoustical tiles

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 $92.4k $24.96
− Vacancy −$16.6k −$4.49
EGI $75.7k $20.47
− OpEx −$18.9k −$5.12
NOI $56.8k $15.35
3,700 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$811.4K
$710.0K – $946.6K (±1% cap)
NOI $56,796 @ 7.0% cap · market cap 4.37%
Second Best
Healthcare Medical
$596.1K
$521.6K – $695.4K (±1% cap)
NOI $41,725 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.06M
$926.9K – $1.24M (±1% cap)
NOI $74,148 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Electrical Service Parking Lot & Garage Big Box & Wholesale Store Bakery Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

685
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32159, FL

30,455
Population
19,670
Households
1.5
Avg Household Size
69
Median Age
29%
College-Educated
95%
High-School Grad
30.2 sq mi
ZIP Area
1,008
Density / Sq Mi
$57,536
Median Household Income
$30,723
Median Earnings
$1,370
Median Rent
$272,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Move-in-ready corner unit with split-floor design, procedure rooms, and controlled access for authorized staff.
Where is this medical office space located?
The property is located at 202c-809 Highway 466 Lady Lake, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Move‑in‑ready medical suite in Sunset Professional Center with 3,700+ SF corner‑unit layout; Flexible split‑floor plan with separate ingress and egress for one large office or two separate offices; Includes reception and lobby space with granite countertops and stone fascia, plus drop ceilings with acoustical tiles
More about this property
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