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1879 Nightingale Ln Tavares, FL 32778-4363

OFF-MARKET Office buildings Google Maps
5,112 SF 0.12 ac lot Built 1996
Trust Owned 27-yr Hold ~ Est. High Equity
Estimated value (blended)
$715k
Range $644k – $787k (±10%)
Property ID US18-8619142

Property summary

AI-generated overview

This exceptional 2,386 square foot medical office condo suite is located in a three-story, 23,250 square foot building at 1879 Nightingale Ln, Tavares, FL 32778. Built in 1996 and renovated in 1999, the building offers a convenient location with easy access to US Highway 441 and SR 44, providing seamless connectivity to Downtown Orlando and Florida's coasts. The suite, situated at the main entrance level, boasts a fully equipped interior including a reception area, check-out office, waiting room, four exam rooms, three administrative offices (two with private baths), a procedure room, and a triage area. Ample natural light brightens the space, enhanced by large windows. Both patient and staff restrooms are conveniently located within the suite. The building features a grand entrance with a dedicated drop-off area and an atrium-style lobby, along with elevator access and a professional directory board. With 142 parking spaces (a 6.11 ratio, exceeding 6 per 1,000 square feet), parking is abundant. The property's proximity to AdventHealth Waterman Hospital (269 beds, serving over 65,000 patients annually) creates a strategic advantage for patient referrals and a strong healthcare network. This 0.58-acre property presents a turnkey solution for healthcare providers seeking a thriving, well-connected location. The suite is immediately available.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1996
Construction BRICK
Total area 5,112 SF
Lot 0.12 ac (5,154 SF)
APN 21-19-26-1200-000-00A02
UPID US18-8619142

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$715k

Owner & transaction history

3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.5M +37.8%
Auto repair, garage $1.2M +9.7%
Retail stores $1.1M +0.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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