Turnkey Medical Office
7560 Red Bug Lake Road Unit 2014 Oviedo, FL 32765
7560 Red Bug Lake Road Unit 2014, Oviedo, FL, 32765
$1,995,000
For Sale
$1,995,000
Second-floor medical space with two separate entrances, reception areas, and exam/procedure rooms, fully furnished and turnkey.
Property Size4,690 SF
Price / SF$425.37
Days on Market281
Property Features for 7560 Red Bug Lake Road Unit 2014
General Information
- Standard status
- Active
- Size
- 4,690 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
RE/MAX TOWN & COUNTRY REALTY
(407) 340-6911
Listed by
Maha Matta,PA · License #674141
Source
Realtygroupfl
Added: Oct 14, 2025 Updated: Jul 21 at 4:19AM Checked: Jul 21 at 4:19AM
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 RE/MAX TOWN & COUNTRY REALTY
Investment Insights
Based on property information with market context.
Class A medical/professional office on the second floor of a two-story elevator building off Red Bug Lake Rd. The space combines Unit 2010 and Unit 2014, with two separate entrances and reception areas, high-end finishes, and approximately 4,700 SF total.
The former medical layout includes five exam rooms, three procedure rooms, an X-ray room with the X-ray machine included, four offices, a conference room, billing areas, flex rooms, storage, laundry, and two restrooms. The suites are fully furnished and turnkey, with furniture and equipment included.
Units are offered as a package or individually, with the option to purchase Unit 2014 alone.
The former medical layout includes five exam rooms, three procedure rooms, an X-ray room with the X-ray machine included, four offices, a conference room, billing areas, flex rooms, storage, laundry, and two restrooms. The suites are fully furnished and turnkey, with furniture and equipment included.
Units are offered as a package or individually, with the option to purchase Unit 2014 alone.
Key Highlights
- Class A medical/professional office in a two‑story elevator building, built in 2008
- Approx. 4,700 SF total on the second floor with two combined units (Unit 2010 & 2014)
- Two separate entrances and reception areas for the two units
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 | $112.6k | $24.00 |
| − Vacancy | −$19.1k | −$4.08 |
| EGI | $93.4k | $19.92 |
| − OpEx | −$23.4k | −$4.98 |
| NOI | $70.1k | $14.94 |
4,690 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.00M
$875.9K – $1.17M
NOI $70,069 @ 7.0% cap · market cap 3.51%
Second Best
Healthcare Medical
$955.2K
$835.8K – $1.11M
NOI $66,861 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,425 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Allergy & Asthma Consultants ...
Medical Clinic
C3Research
Advertising Agency
Dr. Eugene F. ...
Physician
Oviedo Office Park
Business Service Center
Neurology Children's Specialty ...
Pediatrician
Similar For Sale Nearby
Similar Off Market Nearby
- Banfield Pet Hospital — 1115 Vidina Pl #195, Oviedo, FL 32765
FAQs
What type of property is this?
Medical Office Space - Second-floor medical space with two separate entrances, reception areas, and exam/procedure rooms, fully furnished and turnkey.
Where is this medical office space located?
The property is located at 7560 Red Bug Lake Road Unit 2014 Oviedo, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Class A medical/professional office in a two‑story elevator building, built in 2008; Approx. 4,700 SF total on the second floor with two combined units (Unit 2010 & 2014); Two separate entrances and reception areas for the two units
