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Turnkey Medical Office Condo

500 VONDERBURG Dr 314, Brandon, FL 33511

For Sale
$360,000

Third-floor turnkey medical suite with exam rooms and a built-in reception for immediate patient traffic.

Property Size1,983 SF
Price / SF$181.54
Days on Market160

Property Features for 500 VONDERBURG Dr 314

General Information

Standard status Active
Size 1,983 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,043

Building Details

Building Size 1,983 SF
Year Built 1982
Stories 3
Listing Agency: Compass
Listed By: Jerilyn Rush · License #3151248
Source: Elliman
Added: Jun 3 Changed: Aug 11 Last Checked: Aug 11 at 1:26PM

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

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Investment Insights

Based on property information with market context.

This turnkey medical office condo is located on the third floor of the East Tower within the Brandon Professional Building complex. The space is designed for patient-facing flow, featuring a waiting area for approximately 10 to 12 visitors and a reception area with a check-in counter plus space for administrative staff. Clinical and support accommodations include three examination rooms, a physician’s office, multiple storage rooms, and a staff room with a kitchen and a private bathroom.

Unit 314 is conveniently positioned next to the ADA elevator. The property is in Brandon’s established medical corridor and offers close proximity to Brandon Regional Hospital. The building includes onsite parking for visitors and staff.

For medical practitioners and specialty groups looking to move in quickly, the layout supports a complete office operation with multiple exam rooms and dedicated front-of-house check-in space. The existing configuration also includes staff amenities and storage to support day-to-day workflow, making the suite well-suited for a practice that needs to tailor interior operations while maintaining an efficient patient experience.

Key Highlights

  • 3rd‑floor medical office condo in the Brandon Professional Building (East Tower) on Vonderburg Road
  • 1983 SF layout designed for a medical practice, with waiting area for 10–12 visitors and a reception/check‑in area
  • Includes 3 examination rooms plus a 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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tampa Medical Group Dental Office Cottam John MD Physician Brandon Pharmacy and Compounding Pharmacy Kathyleen V. Hedrick, ... Physician HealthPoint - Brandon - Internal ... Medical Group

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

Market

Average Price Trend$/SF for Medical Office Space in Hillsborough County, FL

$396 Jul
$489 Aug
$431 Sep
$404 Oct

Properties on Market for Medical Office Space in Hillsborough County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

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  • BluePearl Pet Hospital — 607 Lumsden Professional Ct, Brandon, FL 33511
  • Meadowrun Affordable Pet Care — 804 Lithia Pinecrest Rd, Brandon, FL 33511
  • Morgan Animal Hospital — 409 S Kings Ave, Brandon, FL 33511

Frequently Asked Questions

What type of property is this?
Medical Office Space - Third-floor turnkey medical suite with exam rooms and a built-in reception for immediate patient traffic.
Where is this medical office space located?
The property is located at 500 VONDERBURG Dr 314 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: 3rd‑floor medical office condo in the Brandon Professional Building (East Tower) on Vonderburg Road; 1983 SF layout designed for a medical practice, with waiting area for 10–12 visitors and a reception/check‑in area; Includes 3 examination rooms plus a physician’s office and storage rooms
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