Medical Office with Exam
New
For Sale
$435,000
802 STERTHAUS DRIVE #B, Ormond Beach, FL 32174
The suite includes water-served clinical rooms, patient reception and waiting areas, and dedicated office and storage space.
Property Size2,354 SF
Price / SF$184.79
Days on Market5
Property Features for 802 STERTHAUS DRIVE #B
General Information
Standard status
Active
Size
2,354 SF
Property subtype
Office
Property Condition
Severity
Repairs Needed
Evidence
ready for renovation
Additional Details
Condition
Needs Renovation
Office Units
1
Amenities
0.05 acres
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 4241-21-00-0020, Public Survey Range: 32, Public Survey Section: 41, Annual Amount: $4,832, Tax Block: 00, Tax Book Number: MB39-194, Legal Description: UNIT 2 MEMORIAL MED ARTS COMPLEX CONDO PER OR 2592 PG 311 PER OR 2623 PG 1891, Lot: 0020, Year: 2025
Carpet, Vinyl
Central Air
Listing ID: MFRV4951909, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-10-20, 1 day on market, Special Conditions: None
Public Parking
Built in 1984, Living area: 2354, Living area units: Square Feet, Construction Materials: Brick
Subdivision: MEMORIAL MEDICAL ARTS COMPLEX CONDO, MLS Area (Major): 32174 - Ormond Beach, County/Parish: Volusia
Sidewalks
Water Source: Public
Slab
Close Of Escrow
Frontage Type: City Street, Road Surface: Paved
Building Details
Year Built
1984
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
(386) 673-2100
Listed By:
Allison Gartrell, PLLC · License #3143374
(386) 334-8828
Source:
Miharaandassociates
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 5:17PM
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 ADAMS, CAMERON & CO., REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in a medical and professional office complex in Ormond Beach, this 2,354-square-foot medical office suite has nine exam rooms with water access, three restrooms, a private office, and a storage room. Reception and waiting areas are also part of the existing layout.
The interior is dated, air conditioning is not installed, and the space requires improvements. Its current configuration may accommodate medical, dental, or other professional office use, subject to association and zoning approval.
The interior is dated, air conditioning is not installed, and the space requires improvements. Its current configuration may accommodate medical, dental, or other professional office use, subject to association and zoning approval.
Key Highlights
- 2,354‑square‑foot medical office suite
- Nine exam rooms with water access
- Three restrooms, plus private office and storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,275
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,500
$705.5K
Cap Rate 7%
$503,929
$503.9K
Cap Rate 9%
$391,944
$391.9K
Market Conditions
NOI Build-Up for 2,354 SF
Gross rent
$50.8K $21.60/SF
− Vacancy
−$3.8K −$1.62/SF
EGI
$47.0K $19.98/SF
− OpEx
−$11.8K −$5.00/SF
NOI
$35.3K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,500
Cap Rate 7%
$503,929
Cap Rate 9%
$391,944
Alternative Uses
Best Use
Office B
$503.9K
$440.9K – $587.9K
NOI $35,275 @ 7.0% cap · market cap 8.11%
Second Best
Healthcare Medical
$489.2K
$428.1K – $570.8K
NOI $34,245 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$694.1K
$607.3K – $809.8K
NOI $48,587 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32174, FL
53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
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 South region
Similar Off Market Nearby
- Pet Street Veterinary Care Center — 240 S Nova Rd, Ormond Beach, FL 32174
- Fleuchaus Nixo Leslie DVM — 380 W Granada Blvd, Ormond Beach, FL 32174
- Volenec Debra DVM — Ormond Beach, FL 32174
- Shadow Lake Animal Hospital — 125 N Nova Rd, Ormond Beach, FL 32174
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite includes water-served clinical rooms, patient reception and waiting areas, and dedicated office and storage space.
Where is this medical office space located?
The property is located at 802 STERTHAUS DRIVE #B Ormond Beach, FL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2,354‑square‑foot medical office suite; Nine exam rooms with water access; Three restrooms, plus private office and storage room
