Second-Floor Medical Office Condo Suite
For Sale
Contact for pricing
9430 Turkey Lake Rd, Orlando, FL 32819
Second-floor 952 SF medical office condo in the Dr. Phillips Hospital medical building complex with ample parking.
Property Size952 SF
Price / SF$420.17
Days on Market98
Property Features for 9430 Turkey Lake Rd
General Information
Standard status
Active
Size
952 SF
Property subtype
OFFICE
Additional Details
Floor
2
Building Details
Tenancy
Multi
Listing Agency:
Colliers | Orlando
(407) 920-8913
Listed By:
Kirk Fetter
(407) 920-8913
Source:
Moodyscre
Added: Apr 27
Changed: Jul 30
Last Checked: Aug 1 at 4:21AM
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 Colliers | Orlando
Investment Insights
Based on property information with market context.
Second-floor medical office condo for sale, Suite 204, within a Dr. Phillips Hospital medical building complex. The suite measures 952 SF and is identified by building directory and suite entrance signage. Ample parking is available for patients and staff.
The building is home to multiple established healthcare practices, including Orlando Health, Associates in Dermatology, The Cardiovascular Center of Florida, Gastro Health, Cardiac Clinic, and the Florida Institute of Neurology. The current owner is retiring.
Suite 204 offers a compact footprint for medical office use in a tenanted hospital-adjacent environment at 9430 Turkey Lake Rd, Orlando, FL 32819.
The building is home to multiple established healthcare practices, including Orlando Health, Associates in Dermatology, The Cardiovascular Center of Florida, Gastro Health, Cardiac Clinic, and the Florida Institute of Neurology. The current owner is retiring.
Suite 204 offers a compact footprint for medical office use in a tenanted hospital-adjacent environment at 9430 Turkey Lake Rd, Orlando, FL 32819.
Key Highlights
- 952 SF second‑floor medical office condo, Suite 204
- Located within the Dr. Phillips Hospital medical building complex
- Building directory and suite entrance signage
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 | $28.6k | $30.00 |
| − Vacancy | −$4.9k | −$5.10 |
| EGI | $23.7k | $24.90 |
| − OpEx | −$5.9k | −$6.23 |
| NOI | $17.8k | $18.67 |
952 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$254.0K
$222.2K – $296.3K
NOI $17,779 @ 7.0% cap · market cap 4.44%
Second Best
Healthcare Medical
$193.9K
$169.7K – $226.2K
NOI $13,572 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$306.7K
$268.3K – $357.8K
NOI $21,467 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32819, FL
30,857
Population
14,689
Households
2.1
Avg Household Size
40
Median Age
51%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,491
Density / Sq Mi
$94,386
Median Household Income
$47,166
Median Earnings
$1,947
Median Rent
$454,000
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Second-floor 952 SF medical office condo in the Dr. Phillips Hospital medical building complex with ample parking.
Where is this medical office space located?
The property is located at 9430 Turkey Lake Rd Orlando, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 952 SF second‑floor medical office condo, Suite 204; Located within the Dr. Phillips Hospital medical building complex; Building directory and suite entrance signage
