Furnished Medical
New
For Sale
$1,690,000
4804 EDGEWATER, Orlando, FL 32804
Nine exam rooms and clinical support areas support a range of medical practice configurations.
Property Size4,110 SF
Days on Market3
Property Features for 4804 EDGEWATER
General Information
Standard status
Active
Size
4,110 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Office Units
2
Taxes and HOA fees
Annual Taxes
$16,953
Amenities
solar panels
Building Details
Building Size
4,110 SF
Year Built
1983
Units
2
Tenancy
Multi
Listing Agency:
Corcoran
Listed By:
Sina Albekord · License #SL3471163 (FL)
(407) 777-7744
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:53AM
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 Corcoran
Investment Insights
Based on property information with market context.
This medical office offers a furnished, dual-suite layout with 9 exam rooms, multiple labs, reception and waiting areas, private offices, support space, and patient and staff restrooms. The property is offered vacant, and its solar panel system is owned outright. Built in 1983, the space is configured for medical use and includes both patient-facing and staff areas.
The property is on Edgewater Dr in Orlando, near the Edgewater Dr and Lee Rd corridor. Its existing suite configuration and furnishings are part of the offering.
The property is on Edgewater Dr in Orlando, near the Edgewater Dr and Lee Rd corridor. Its existing suite configuration and furnishings are part of the offering.
Key Highlights
- Furnished medical office with a dual‑suite layout
- 9 exam rooms and multiple labs
- Reception and waiting areas, private offices, support space, and patient and staff restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,754
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,535,080
$1.5M
Cap Rate 7%
$1,096,486
$1.1M
Cap Rate 9%
$852,822
$852.8K
Market Conditions
NOI Build-Up for 4,110 SF
Gross rent
$123.3K $30.00/SF
− Vacancy
−$21.0K −$5.10/SF
EGI
$102.3K $24.90/SF
− OpEx
−$25.6K −$6.23/SF
NOI
$76.8K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,535,080
Cap Rate 7%
$1,096,486
Cap Rate 9%
$852,822
Alternative Uses
Best Use
Office B
$1.10M
$959.4K – $1.28M
NOI $76,754 @ 7.0% cap · market cap 4.54%
Second Best
Healthcare Medical
$837.0K
$732.4K – $976.5K
NOI $58,592 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,678 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32804, FL
19,084
Population
10,127
Households
1.9
Avg Household Size
40
Median Age
61%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
2,651
Density / Sq Mi
$113,466
Median Household Income
$61,227
Median Earnings
$1,717
Median Rent
$498,700
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Varsity Veterinary Center — 2010 Edgewater Dr, Orlando, FL 32804
Frequently Asked Questions
What type of property is this?
Medical Office Space - Nine exam rooms and clinical support areas support a range of medical practice configurations.
Where is this medical office space located?
The property is located at 4804 EDGEWATER Orlando, FL.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Furnished medical office with a dual‑suite layout; 9 exam rooms and multiple labs; Reception and waiting areas, private offices, support space, and patient and staff restrooms
