Commercial · Medical & Office
Medical office & professional office space in Orlando.
Central Florida's health-care footprint keeps expanding — led by Lake Nona's Medical City and the major hospital systems across the metro. We represent practices, investors, and owner-users buying and leasing medical office and professional office space across the region.
Cap rate · Central Florida
6.0% – 7.5% (medical)
Credit health-system tenants anchor the low end. Traditional suburban office trades wider — roughly 7% – 9% — on flight-to-quality dynamics.
Indicative Central Florida ranges for actively trading product (2026 market read). Cap rates vary by submarket, tenant credit, lease structure, and condition — a starting point for underwriting, not a substitute for a comp-based valuation.
Medical City and a growing health-care base
Lake Nona's Medical City — anchored by the UCF College of Medicine, a VA medical center, Nemours Children's Hospital, and a cluster of research and life-sciences tenants — turned southeast Orlando into one of the region's defining medical submarkets. Combined with established hospital systems across the metro and a population that keeps aging into more care, demand for well-located medical office has been durable. Proximity to a hospital campus, visibility, and parking ratios all weigh heavily on medical-office value.
Build-out matters as much as the address
A second-generation medical suite with existing plumbing, exam rooms, and ADA-compliant layouts can save a practice a large build-out cost and months of timeline — which is why turnkey medical space often commands a premium over raw office. On the professional-office side, owner-users continue to find value buying their own building rather than renting, particularly when an SBA-backed purchase pencils against a comparable lease. We help both practices and investors weigh those trade-offs.
What to weigh
- Second-generation medical build-out (plumbing, exam rooms) vs. raw shell cost
- Parking ratio — medical uses need more stalls per 1,000 SF than standard office
- Proximity and referral relationships to nearby hospital campuses
- Owner-user purchase (often SBA-eligible) vs. leasing the same suite
- Signage, visibility, and patient access/ADA compliance
Live Stellar MLS inventory
Medical & Officefor sale & lease
$15,000,000
7625 Sinclair Rd
Kissimmee, FL 34747
2,500 sqft · 13.31 ac
Sinclair Corners
MLS# R4910040
$11,500,000
6801 E Hillsborough Ave
Tampa, FL 33610
5.22 ac
MLS# TB8362309
$9,995,000
1620 Tamiami Trl
Port Charlotte, FL 33948
49,172 sqft · 3.24 ac
MLS# A4678191
$9,456,780 /lease
654 MuñOz Rivera
San Juan, PR 00918
1.7 ac
654 MuñOz Rivera
MLS# PR9118208
$8,483,150 /lease
250 MuñOz Rivera
San Juan, PR 00918
0.8 ac
American International Plaza
MLS# PR9118209
$7,700,000
429 S Keller Rd
Orlando, FL 32810
36,268 sqft · 1.91 ac
MLS# O6393703
$7,500,000
19995 Us Highway 19 N
Clearwater, FL 33764
8,335 sqft · 1.79 ac
MLS# TB8508225
$7,499,000
505 Luminary Blvd
Osprey, FL 34229
4,000 sqft · 10.01 ac
MLS# A4616676
$6,975,000
8946 77th Ter E
Lakewood Ranch, FL 34202
8,046 sqft · 0.18 ac
Professional Center At Lakewood R 8, 9&10
MLS# A4688412
$6,500,000
San Juan, PR 00926
0.4 ac
MLS# PR9120141
$6,500,000
Orlando, FL 32819
4,560 sqft · 0.56 ac
MLS# O5849210
$6,249,990
5900 Pan American Blvd
North Port, FL 34287
29,366 sqft · 2.76 ac
MLS# C7510115
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 2, 2026 at 1:01 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA
Medical & Office — frequently asked
- Is Lake Nona the only place to look for medical office in Orlando?
- No — Lake Nona's Medical City is a major anchor, but strong medical-office demand exists around every major hospital campus across the metro, plus Winter Park, Dr. Phillips, and the growing suburbs. The right submarket depends on your patient base and referral relationships.
- Should a practice buy or lease its space?
- It depends on your time horizon and capital. Owning builds equity and can stabilize occupancy cost, and many medical/office purchases are SBA-eligible with low down payments. Leasing preserves capital and flexibility. We model both against your numbers before you decide.
- What makes a medical suite "turnkey"?
- A second-generation medical space already has the plumbing, exam-room layouts, and ADA-compliant access a practice needs — so you avoid a costly, slow build-out. That existing infrastructure is often worth a premium versus starting from a raw shell.
Medical & Office — buy, lease, or sell
Tell us the deal.
Use case, target submarket, and timeline — we'll line up the right medical & office and handle the deal from offer to close. Or call 321.373.3536.
Financing a purchase? See commercial mortgage options →
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