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Turn-Key Medical Office Suites
For Sale
$1,690,000

4804 EDGEWATER DR, Orlando, FL 32804

Turn-key, dual-suite medical office with 9 exam rooms, labs, and fully furnished interiors.

Property Size4,110 SF
Days on Market204

Property Features for 4804 EDGEWATER DR

General Information

Standard status Active
Size 4,110 SF
Property subtype Office

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $16,953

Building Details

Building Size 4,110 SF
Year Built 1983
Listing Agency: CORCORAN PREMIER REALTY
Listed By: Sina Albekord · License #SL3471163 (FL)
Source: Novaorlando
Added: Mar 29 Changed: Oct 10 Last Checked: Oct 16 at 3:31PM

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 PREMIER REALTY

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Investment Insights

Based on property information with market context.

This turn-key medical office is offered fully furnished and designed for dual medical use. The interior includes a reception and waiting area, 9 exam rooms, multiple labs, private offices, and dedicated patient and staff restrooms. A dual-suite layout supports multi-practice configurations while maintaining separate, functional workspaces throughout.

The property is located along the Edgewater Dr & Lee Rd corridor in Orlando’s College Park submarket, positioned for exposure to high traffic.

The building will be delivered vacant, providing immediate occupancy potential for an owner-user or operator. The property also includes a fully paid-off solar panel system.

Key Highlights

  • Turn‑key, fully furnished medical office configured for dual medical use
  • Dual‑suite layout with 9 exam rooms plus multiple labs
  • Reception and waiting areas, private offices, 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 (±1% cap)
NOI $76,754 @ 7.0% cap · market cap 4.54%
Second Best
Healthcare Medical
$837.0K
$732.4K – $976.5K (±1% cap)
NOI $58,592 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,678 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Princeton Pediatrics Pediatrician Edgewater Pediatrics Pediatrician Richard Bertell Powell Physician Living Florida Healthcare Medical Clinic Dr. Rishi Sharma Medical Clinic

Suggested Use

Top Pick Dental Office Catering Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Florist 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Orlando, FL

9.5% 2019
11.2% 2020
13.2% 2021
13.7% 2022
15.5% 2023
17% 2024
17.6% 2025

Frequently Asked Questions

What type of property is this?
Medical center - Turn-key, dual-suite medical office with 9 exam rooms, labs, and fully furnished interiors.
Where is this medical center located?
The property is located at 4804 EDGEWATER DR 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: Turn‑key, fully furnished medical office configured for dual medical use; Dual‑suite layout with 9 exam rooms plus multiple labs; Reception and waiting areas, private offices, and patient and staff restrooms
More about this property
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