Medical Office Suite with Multiple
802 Sterthaus Drive Ormond Beach, FL 32174
New
802 Sterthaus Drive, Ormond Beach, FL, 32174
$485,000
For Sale
$485,000
COMMERCIAL - Ormond Beach, FL
Property Size2,500 SF
Price / SF$194
Days on Market2
Property Features for 802 Sterthaus Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 424121000020
- Size
- 2,500 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- UNIT 2 MEMORIAL MED ARTS COMPLEX CONDO PER OR 2592 PG 311 PE R OR 2623 PG 1891
- Tax Annual Amount
- 5561
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Listing Agency
Realty Pros Commercial
(386) 253-8565
140 S Atlantic Ave. Ste 202, Daytona Beach, FL
Listed by
Kayla Williams · License #3506971
(386) 338-1330
Added: Jul 16 Checked: Jul 17 at 7:06 am
MLS# 1228713
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Professional medical office suite for sale at 802 Sterthaus Drive in Ormond Beach. The suite includes six private offices/exam rooms, a reception and waiting area, a consultation room, built-in file storage, and an administrative check-in area, along with two restrooms.
The layout provides three separate entry doors, offering operational flexibility for multiple providers, patient flow, or shared occupancy. The property is described as centrally located with easy access to surrounding residential neighborhoods, medical facilities, and major roadways.
This is a move-in-ready space designed to support medical and professional office use, with a functional interior plan centered on patient-facing common areas and multiple exam or private rooms.
The layout provides three separate entry doors, offering operational flexibility for multiple providers, patient flow, or shared occupancy. The property is described as centrally located with easy access to surrounding residential neighborhoods, medical facilities, and major roadways.
This is a move-in-ready space designed to support medical and professional office use, with a functional interior plan centered on patient-facing common areas and multiple exam or private rooms.
Key Highlights
- 2,500 SF professional/medical office suite in the heart of Ormond Beach
- Six private offices/exam rooms plus a reception and waiting area
- Includes a consultation room, built‑in file storage, and administrative check‑in area
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 | $54.0k | $21.60 |
| − Vacancy | −$4.1k | −$1.62 |
| EGI | $50.0k | $19.98 |
| − OpEx | −$12.5k | −$5.00 |
| NOI | $37.5k | $14.99 |
2,500 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$535.2K
$468.3K – $624.4K
NOI $37,463 @ 7.0% cap · market cap 7.72%
Second Best
Healthcare Medical
$519.6K
$454.6K – $606.2K
NOI $36,369 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$737.1K
$645.0K – $860.0K
NOI $51,600 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mid Florida Dermatology ...
Physician
Dr. Rajesh K. ...
Physician
Pulmonary Sleep & Critical ...
Medical Clinic
Pccc Of Volusia
Medical Clinic
Demi Soulet
Physician
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FAQs
What type of property is this?
Medical Office Space - Move-in-ready medical office suite with six private offices/exam rooms, reception, and two restrooms.
Where is this medical office space located?
The property is located at 802 Sterthaus Drive Ormond Beach, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 2,500 SF professional/medical office suite in the heart of Ormond Beach; Six private offices/exam rooms plus a reception and waiting area; Includes a consultation room, built‑in file storage, and administrative check‑in area
