Three-Story Office Building with Elevator
For Lease
$18 SF/Yr Modified Gross
500 W LAKE MARY Boulevard, Sanford, FL 32773
COMMERCIAL - SANFORD, FL
Space Size1,400 SF - 35,000 SF
Property Size90,008 SF
Lot Size9.51 Acres
Days on Market191
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
00-00-00-000-0000-0002
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
Building Details
Year built
1987
Floors in Building
3
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) 333-0711
Added: Jan 27
Changed: Aug 4
Last Checked: Aug 6 at 12:06PM
MLS# O6377227
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 building includes elevator access for convenient use of office space. A total of 25,000 SF on the second floor is available and can be divided into smaller spaces, with space built to suit. Available suite sizes range from 1,400 to 35,000 SF. The building is professionally managed and constructed with block, concrete, and stucco, with central air and a built-up roof.
The property sits on 9.51 acres and is located at 500 W Lake Mary Boulevard in Seminole County, with excellent frontage on Lake Mary Blvd. Leasing includes plenty of parking and centrally located access to banking institutions, a community college, shopping, restaurants, and professional businesses. Zoning is R-3.
Leasing is offered on a modified gross basis: the tenant pays electricity, interior cleaning, phone, and internet, among other items, while the owner pays water, sewer, trash, insurance, and taxes.
The property sits on 9.51 acres and is located at 500 W Lake Mary Boulevard in Seminole County, with excellent frontage on Lake Mary Blvd. Leasing includes plenty of parking and centrally located access to banking institutions, a community college, shopping, restaurants, and professional businesses. Zoning is R-3.
Leasing is offered on a modified gross basis: the tenant pays electricity, interior cleaning, phone, and internet, among other items, while the owner pays water, sewer, trash, insurance, and taxes.
Key Highlights
- Second‑floor space totals 25,000 SF and can be divided into smaller built‑to‑suit offices
- Suite sizes range from 1,400 to 35,000 SF
- Excellent frontage on Lake Mary Blvd with plenty of parking
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
731
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
Market
Lease Benchmarks for Sanford, FL
$119 /SF/Yr
Avg Asking Price
$5.56–$611 /SF/Yr
Price Range
22,545 SF
Avg Space Size
This space is priced 85% below the average of $119 /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 - Three-story office building offering elevator access, centrally managed leasing with modified gross responsibilities and R-3 zoning.
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: Second‑floor space totals 25,000 SF and can be divided into smaller built‑to‑suit offices; Suite sizes range from 1,400 to 35,000 SF; Excellent frontage on Lake Mary Blvd with plenty of parking
