Medical Premises

Palmetto, FL Medical Office Space for Sale

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Leased Medical Office with Exam Rooms
Updated: Aug 22
Leased Medical Office with Exam Rooms

506 4TH Avenue W, Palmetto, FL 34221

$845,000
3,171 sqft 0.60 AC lot
Fully leased, single‑tenant medical office occupied by Millennium Medical
3,171 square feet on a 0.6‑acre site; zoned CG
Interior includes seven exam rooms, three physician offices, a lab, and staff kitchen/lounge
NNN lease includes annual escalations and two 2‑year renewal options
Three recently installed HVAC systems
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Leased Medical Office Building
Updated: Aug 24
Leased Medical Office Building

506 4TH AVENUE W, Palmetto, FL 34221

$845,000
3,213 sqft
Fully leased single‑tenant medical office occupied by Millennium Medical
NNN lease includes annual rent escalations and two 2‑year renewal options
Seven exam rooms and three private physician offices
Dedicated lab plus staff kitchen and lounge
Three new HVAC systems recently installed
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Palmetto Medical Building on 2.24 Acres
Palmetto Medical Building on 2.24 Acres

602 4th Avenue West, Palmetto, FL 34221

$2,000,000
16,382 sqft 2.24 AC lot

Strategically located medical building with flexible space and expansion potential.

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See hot listings in Palmetto

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Single-Tenant Medical Office
Single-Tenant Medical Office

506 4TH W, Palmetto, FL 34221

$845,000

Purpose-built medical space leased under an NNN structure with renewal options and recently upgraded HVAC systems.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Palmetto, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical Office Building with Renovations
Medical Office Building with Renovations

7458 N TAMIAMI TRL, Sarasota, FL 34243

$1,949,000
8,460 sqft

Up to 27 offices and exam rooms with multiple entrances, 37 parking spaces, and a new roof plus new HVAC systems.

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Mixed-Use Building with Medical Space
Mixed-Use Building with Medical Space

736 Central Avenue, Sarasota, FL 34236

$10,380,000
29,658 sqft

Three-level property combines medical facilities, office suites, event space and a street-facing retail suite.

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Medical Office Building Redevelopment
Medical Office Building Redevelopment

201 4th Ave E, Bradenton, FL 34208

$2,550,000
24,000 sqft

Medical office building across from Manatee Memorial Hospital with elevator access, strong parking, and flexible T5 zoning.

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Freestanding Medical Office Building
Freestanding Medical Office Building

1710 MANATEE E, Bradenton, FL 34208

$799,000
2,824 sqft 0.25 AC lot

T4-O zoning allows medical clinic and office uses by right, with public water and sewer service.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cleared Commercial Land
Cleared Commercial Land

2121 14TH Street W, Bradenton, FL 34205

$235,000
0.25 AC lot

Quarter-acre parcel with T4-0/FLU zoning and public water and sewer service.

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High-Visibility Commercial Land Opportunity
High-Visibility Commercial Land Opportunity

109 Laurel Rd E, Nokomis, FL 34275

$550,000
1,104 sqft 0.38 AC lot

16,408 sq ft parcel on Laurel Road, Nokomis, FL

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Commercial Land Near Sarasota Hospital
Commercial Land Near Sarasota Hospital

2901 CURRY LANE, Nokomis, FL 34275

$5,000,000

Commercial land for development near Sarasota Memorial Hospital Venice campus.

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Commercial Land Near Hospital
Commercial Land Near Hospital

2901 CURRY Lane, Nokomis, FL 34275

$5,000,000
5.00 AC lot

Commercially zoned land adjacent to the Sarasota Memorial Hospital - Venice campus, with healthcare and professional office use potential.

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Palmetto, FL Medical Office Space Market Trends and Statistics

Explore 4 medical office space for sale in Palmetto, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,766 square feet of properties for sale, with an estimated market value of $4,535,000.

Sale prices for medical spaces in Palmetto, FL start at $845,000, averaging $1,133,750, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical Office Space 5
Office Units 4
Office buildings 3

Demographics Overview

Population 55K
Population Growth (5Y) +24.0%
Median Household Income $74,314
College Educated 18.7%

High-Yield Neighborhoods for Investment

Identify Palmetto submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
34221 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.57%
Property Tax per SF $27.22 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manatee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Office pricing trends in Manatee County

Office

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