Turnkey Medical Office
For Sale
$425,000
844 N Stone Street, Deland, FL 32720
COMMERCIAL - DeLand, FL
Property Size1,750 SF
Lot Size0.04 Acres
Price / SF$242.86
Days on Market173
Property Features for 844 N Stone Street
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Parking Lot
Security features
Security Lighting
Lot features
Cleared
Directions
ISB West to left on N Stone. Plaza on thr right
Subdivision
92 - Deland
Standard status
Active
APN
7009-67-00-2060
Size
1,750 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
9-17-30 UNIT 206 STONE STREET PROFESSIONAL CENTER CONDO PER OR 6600 PG 4153 PER OR 6640 PG 4450 PER OR 8175 PG 1381
Tax Annual Amount
4668
Legal Description
9-17-30 UNIT 206 STONE STREET PROFESSIONAL CENTER CONDO PER OR 6600 PG 4153 PER OR 6640 PG 4450 PER OR 8175 PG 1381
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2011
Number of units
1
Flooring type
Tile, Carpet
Building materials
Concrete
Roof type
Shingle
Listing Agency:
Keller Williams Realty Florida Partners
(386) 944-2800
Listed By:
Steve Casserly
(386) 290-9590
Added: Feb 12
Changed: Jun 9
Last Checked: Aug 4 at 12:06AM
MLS# 1223018
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.
This turnkey medical office condo totals 1,750 square feet and is located within a well-maintained four-unit professional medical plaza. Built in 2011 and ADA-compliant, the space includes a spacious reception area with a large waiting room, two private offices, three exam rooms, and a break room/kitchen, along with abundant storage. A recently installed new roof supports the property’s ongoing upkeep. The condo is currently operating as a hearing specialty practice and is presented as move-in ready for a comparable specialty healthcare use.
Situated at 844 N Stone Street in DeLand, the property is positioned near AdventHealth DeLand and is surrounded by established healthcare providers. The plaza offers 56 parking spaces, supporting convenient patient and staff access.
For an investor or owner-user, this condo offers flexibility based on the property’s current configuration and delivery terms. The listing indicates the space can be delivered with a 5-year lease in place at $20/SF NNN, or it may support immediate occupancy for specialty healthcare tenants seeking a fully built-out layout. The existing exam room count and reception/waiting area are well suited to dental, medical, chiropractic, therapy, and other specialty healthcare providers.
Situated at 844 N Stone Street in DeLand, the property is positioned near AdventHealth DeLand and is surrounded by established healthcare providers. The plaza offers 56 parking spaces, supporting convenient patient and staff access.
For an investor or owner-user, this condo offers flexibility based on the property’s current configuration and delivery terms. The listing indicates the space can be delivered with a 5-year lease in place at $20/SF NNN, or it may support immediate occupancy for specialty healthcare tenants seeking a fully built-out layout. The existing exam room count and reception/waiting area are well suited to dental, medical, chiropractic, therapy, and other specialty healthcare providers.
Key Highlights
- 1,750 SF medical office condo in a well‑maintained four‑unit professional medical plaza in DeLand
- Built in 2011 and ADA‑compliant; currently operating as a hearing specialty practice
- Fully built‑out layout includes reception and waiting area, 2 private offices, 3 exam rooms, and break room/kitchen
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 | $37.8k | $21.60 |
| − Vacancy | −$2.8k | −$1.62 |
| EGI | $35.0k | $19.98 |
| − OpEx | −$8.7k | −$5.00 |
| NOI | $26.2k | $14.99 |
1,750 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$374.6K
$327.8K – $437.1K
NOI $26,224 @ 7.0% cap · market cap 6.17%
Second Best
Healthcare Medical
$363.7K
$318.2K – $424.3K
NOI $25,458 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$516.0K
$451.5K – $602.0K
NOI $36,120 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32720, FL
33,568
Population
13,962
Households
2.4
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
66.3 sq mi
ZIP Area
506
Density / Sq Mi
$67,512
Median Household Income
$39,159
Median Earnings
$1,177
Median Rent
$280,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Built in 2011 and ADA-compliant, this turnkey condo includes reception, offices, and exam rooms in a four-unit medical plaza.
Where is this medical office space located?
The property is located at 844 N Stone Street Deland, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,750 SF medical office condo in a well‑maintained four‑unit professional medical plaza in DeLand; Built in 2011 and ADA‑compliant; currently operating as a hearing specialty practice; Fully built‑out layout includes reception and waiting area, 2 private offices, 3 exam rooms, and break room/kitchen
