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Medical Office Condo with Exam Rooms
For Sale
$360,000

314-500 Vonderburg Dr, Brandon, FL 33511

Third-floor medical suite with reception, staff amenities, storage, and convenient elevator access.

Property Size1,983 SF
Price / SF$181.54
Days on Market139

Property Features for 314-500 Vonderburg Dr

General Information

Standard status Active
Size 1,983 SF
Elevators Yes

Additional Details

Floor 3

Taxes and HOA fees

Annual Taxes $5,043
Listing Agency: COMPASS FLORIDA LLC
Listed By: Jerilyn Rush · License #3151248
Source: Exprealty
Added: May 30 Changed: Oct 12 Last Checked: Oct 15 at 12:55AM

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 COMPASS FLORIDA LLC

Investment Insights

Based on property information with market context.

Medical office condominium comprising 1,983 square feet on the third floor of the East Tower at Brandon Professional Building. The layout includes a waiting area for 10 to 12 visitors, reception and check-in space, three examination rooms, a physician’s office, storage rooms, and a staff room with kitchen and private bathroom.

The suite is positioned next to the ADA elevator and includes onsite parking. Its location on Vonderburg Road places the property near Brandon Regional Hospital and within Brandon’s established medical corridor. The unit is ready for immediate occupancy.

Key Highlights

  • 1,983‑square‑foot medical office condo on the third floor of the East Tower
  • Waiting area accommodates 10 to 12 visitors
  • Three examination rooms plus physician’s office and storage rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,298
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,960 $586.0K
Cap Rate 7%
$418,543 $418.5K
Cap Rate 9%
$325,533 $325.5K
Market Conditions
NOI Build-Up for 1,983 SF
Gross rent
$53.5K $27.00/SF
− Vacancy
−$4.7K −$2.38/SF
EGI
$48.8K $24.62/SF
− OpEx
−$19.5K −$9.85/SF
NOI
$29.3K $14.77/SF
Area
Brandon, FL
Vacancy
8.80%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,960
Cap Rate 7%
$418,543
Cap Rate 9%
$325,533

Alternative Uses

Best Use
Office B
$503.5K
$440.5K – $587.4K (±1% cap)
NOI $35,243 @ 7.0% cap · market cap 9.79%
Second Best
Healthcare Medical
$418.5K
$366.2K – $488.3K (±1% cap)
NOI $29,298 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$746.0K
$652.7K – $870.3K (±1% cap)
NOI $52,218 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Storage Facility Electrical Service Bed & Breakfast Butcher

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

Location Intelligence

Trade Area within ½ mile

3,561
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33511, FL

56,627
Population
24,579
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,539
Density / Sq Mi
$77,383
Median Household Income
$44,521
Median Earnings
$1,684
Median Rent
$324,900
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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Frequently Asked Questions

What type of property is this?
Medical Office Space - Third-floor medical suite with reception, staff amenities, storage, and convenient elevator access.
Where is this medical office space located?
The property is located at 314-500 Vonderburg Dr Brandon, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1,983‑square‑foot medical office condo on the third floor of the East Tower; Waiting area accommodates 10 to 12 visitors; Three examination rooms plus physician’s office and storage rooms
More about this property
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