Multi-Suite Office
For Lease
$18 SF/Yr Modified Gross
500 W LAKE MARY Boulevard, Sanford, FL 32773
Commercial Lease, SANFORD, FL
Space Size1,400 SF - 35,000 SF
Lot Size9.51 Acres
Days on Market245
Property Features for 500 W LAKE MARY Boulevard
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
R-3
Subdivision
REVISED OF HIDDEN LAKE UNIT 1-A
Directions
From I-4 take Lake Mary Blvd towards 17-92, Reflections building located on the left after the entrance to Seminole State College. From 17-92 take Lake Mary Blvd. towards I-4, Reflections building is located on the right side right past Hidden Lake Dr.
Standard status
Active
APN
00-00-00-000-0000-0001
Size
90,008 SF
Lot size
9.51 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BLK B (LESS BEG NW COR RUN N 45 DEG E 223.281 FT SLY ON CURVE 59.382 FT S 16 DEG 13 MIN 30 SEC E 571.48 FT WLY ON CURVE 64.99 FT S 65 DEG 43 MIN W 200.3 FT N 9 DEG 56 MIN 30 SEC W 562.86 FT TO BEG & RD) HIDDEN LAKE UNIT 1A REVISED PLAT PB 17 PG 100 TAX ID(PARCEL NUMBER)-11-20-30-504-0B00-0000
Tax Annual Amount
62205
Legal Description
BLK B (LESS BEG NW COR RUN N 45 DEG E 223.281 FT SLY ON CURVE 59.382 FT S 16 DEG 13 MIN 30 SEC E 571.48 FT WLY ON CURVE 64.99 FT S 65 DEG 43 MIN W 200.3 FT N 9 DEG 56 MIN 30 SEC W 562.86 FT TO BEG & RD) HIDDEN LAKE UNIT 1A REVISED PLAT PB 17 PG 100 TAX ID(PARCEL NUMBER)-11-20-30-504-0B00-0000
Utilities
Cooling system
Zoned, Central Air
Amenities
Professionally Managed
Building Details
Year built
1987
Floors in Building
1
Building materials
Block, Concrete, Stucco
Roof type
Built-Up
Listing Agency:
DOVER INTERNATIONAL CO., INC.
(407) 333-0711
Listed By:
Louis Joachim · License #3278476
(407) 592-9488
Added: Jan 27
Changed: Sep 2
Last Checked: Sep 29 at 11:06PM
MLS# O6377224
Copyright © 2026 Stellar MLS. 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 three-story office property provides multiple suite configurations within a 90,008-square-foot commercial building. The second floor includes 25,000 SF divided into smaller spaces, while available suites range from 1,400 to 35,000 square feet and can be built to suit. Elevators provide access throughout the building, which features block, concrete, and stucco construction, central and zoned air conditioning, and a built-up roof. The property was constructed in 1987 and occupies 9.51 acres.
The building fronts Lake Mary Boulevard in Sanford and includes ample parking. Nearby surroundings include banking institutions, Seminole State College, shopping, restaurants, and professional businesses. Lease structure is modified gross, with the tenant responsible for electricity, interior cleaning, phone, and internet; ownership covers water, sewer, trash, insurance, and taxes.
The building fronts Lake Mary Boulevard in Sanford and includes ample parking. Nearby surroundings include banking institutions, Seminole State College, shopping, restaurants, and professional businesses. Lease structure is modified gross, with the tenant responsible for electricity, interior cleaning, phone, and internet; ownership covers water, sewer, trash, insurance, and taxes.
Key Highlights
- 90,008‑square‑foot office property on 9.51 acres
- 25,000 SF second floor divided into smaller spaces
- Suite sizes range from 1,400 to 35,000 square feet
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 32773, FL
33,990
Population
13,402
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
1,232
Density / Sq Mi
$63,496
Median Household Income
$40,479
Median Earnings
$1,482
Median Rent
$259,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Sanford, FL
$48 /SF/Yr
Avg Asking Price
$3.46–$424 /SF/Yr
Price Range
25,044 SF
Avg Space Size
This space is priced 62% below the average of $48 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office suites offer build-to-suit configurations, elevator access, and on-site parking along Lake Mary Boulevard.
Where is this office units located?
The property is located at 500 W LAKE MARY Boulevard Sanford, FL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 90,008‑square‑foot office property on 9.51 acres; 25,000 SF second floor divided into smaller spaces; Suite sizes range from 1,400 to 35,000 square feet
