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Sebring Medical Office Opportunity

3205 Physicians Way Sebring, FL 33870

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For Sale
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Strategically located medical office space in Sebring, Florida for sale.

Type:Office, Mixed Use
Property size:
8,568 SF
Price / SF:
$142/SF
Added:
Mar 12, 2026
Days on Market:
124
Last Refresh:
Jul 2 at 8:17 am

Property Features for 3205 Physicians Way

General Information

Standard status
Active
Size
8,568 SF
Property subtype
Office, Mixed Use

Building Details

Year Built
2003

Listing office Franklin Street

Listing date Mar 12, 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 Franklin Street


Investment Insights

Based on property information with market context.

The property at 3205 Physicians Way is located in Sebring, Florida, the county seat of Highlands County. The area is a well-established Central Florida community with a stable population base and healthcare demand. The property benefits from direct access to US-27, the area’s primary north–south corridor, providing regional connectivity and accessibility for patients and staff. Within a five-mile radius, the property serves approximately 34,620 residents with a median age of 50 and an average household income of $62,689. The surrounding demographic profile skews older than state and national averages, supporting sustained demand for medical services and long-term healthcare utilization. This aging population dynamic provides a consistent patient base for medical office users. Sebring offers a cost-effective operating environment compared to major Florida markets, with affordable housing, steady household formation, and limited institutional medical supply. The area is supported by regional healthcare providers, local retail centers, and established community anchors. Nearby amenities include Downtown Sebring, Highlands Hammock State Park, and the Sebring International Raceway, contributing to the area’s overall appeal. The property is 8568 square feet. The location benefits from stable demographics, accessible transportation infrastructure, and long-term healthcare demand drivers that support durable occupancy for medical office users.

Key Highlights

  • Strategic location in Sebring, Florida, a well‑established Central Florida community.
  • Direct access to US‑27, providing regional connectivity.
  • Serves a large local population of approximately 34,620 residents within a five‑mile radius.

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 $149.1k $17.40
− Vacancy −$32.8k −$3.83
EGI $116.3k $13.57
− OpEx −$29.1k −$3.39
NOI $87.2k $10.18
8,568 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,214 @ 7.0% cap · market cap 7.13%
Second Best
Healthcare Medical
$1.06M
$931.7K – $1.24M (±1% cap)
NOI $74,536 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,777 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Alejandro Karla C ... Ophthalmologist Johnson Curtiss R ... Physician Laryn R. Adams, ... Physician Susan L. Crum, ... Physician Yamaris Bobe Physician

Suggested Use

Law Firm Kitchen & Bath Showroom Dental Office Garden Center Electrical Service HVAC Service Hair Salon (Bike/Boat/Book/etc) Store Restaurant Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Sebring Animal Hospital — 3425 US Hwy 27 S, Sebring, FL 33870
  • Jernigan William H DVM — 3425 US Hwy 27 S, Sebring, FL 33870

FAQs

What type of property is this?
Medical Office Space - Strategically located medical office space in Sebring, Florida for sale.
Where is this medical office space located?
The property is located at 3205 Physicians Way Sebring, FL.
What is the asking price?
The asking price for this property is $1,222,600.
What are key features of this property?
This property features: Strategic location in Sebring, Florida, a well‑established Central Florida community.; Direct access to US‑27, providing regional connectivity.; Serves a large local population of approximately 34,620 residents within a five‑mile radius.
Contact an agent
(704) 251-2672 Call to check price and availability
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