Freestanding Medical Office
For Sale
$850,000
2711 W State Road 434, Longwood, FL 32779
Existing clinical layout with reception, exam rooms, training space, and two restrooms.
Property Size3,230 SF
Price / SF$263.16
Days on Market100
Property Features for 2711 W State Road 434
General Information
Standard status
Active
Size
3,230 SF
Property subtype
Commercial
Building Details
Year Built
1983
Listing Agency:
RE/MAX CENTRAL REALTY
Listed By:
Bill Miller · License #3181406
(407) 415-2263
Source:
Realtygroupfl
Added: Jul 29
Changed: Nov 3
Last Checked: Nov 4 at 5:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX CENTRAL REALTY
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Investment Insights
Based on property information with market context.
This freestanding office property is offered for sale or lease and contains an existing medical buildout. The interior includes a waiting and reception area, private exam rooms, an open training room, and 2 restrooms. Built in 1983, the well-maintained building provides a functional setting for medical office operations.
The property fronts W State Road 434 in Longwood, with almost 100 feet along SR-434 and over 40,000 Annual Average Daily Traffic through the area. Access to I-4 and SR436 is nearby, supporting regional travel to and from the office. WalkScore is 14, BikeScore is 28, and TransitScore is 28.
The property fronts W State Road 434 in Longwood, with almost 100 feet along SR-434 and over 40,000 Annual Average Daily Traffic through the area. Access to I-4 and SR436 is nearby, supporting regional travel to and from the office. WalkScore is 14, BikeScore is 28, and TransitScore is 28.
Key Highlights
- Almost 100 feet of frontage along SR‑434
- Over 40,000 Annual Average Daily Traffic through the area
- Existing medical buildout with waiting and reception areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,256
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,120
$965.1K
Cap Rate 7%
$689,371
$689.4K
Cap Rate 9%
$536,178
$536.2K
Market Conditions
NOI Build-Up for 3,230 SF
Gross rent
$77.5K $24.00/SF
− Vacancy
−$13.2K −$4.08/SF
EGI
$64.3K $19.92/SF
− OpEx
−$16.1K −$4.98/SF
NOI
$48.3K $14.94/SF
Area
Seminole County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,120
Cap Rate 7%
$689,371
Cap Rate 9%
$536,178
Alternative Uses
Best Use
Office B
$689.4K
$603.2K – $804.3K
NOI $48,256 @ 7.0% cap · market cap 5.68%
Second Best
Healthcare Medical
$657.8K
$575.6K – $767.5K
NOI $46,047 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$919.2K
$804.3K – $1.07M
NOI $64,342 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 32779, FL
29,321
Population
11,644
Households
2.5
Avg Household Size
45
Median Age
55%
College-Educated
97%
High-School Grad
18.9 sq mi
ZIP Area
1,551
Density / Sq Mi
$115,931
Median Household Income
$59,849
Median Earnings
$1,925
Median Rent
$458,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Spring Run Veterinary Hospital — 833 N State Rd 434, Altamonte Springs, FL 32714
- Petfolk Veterinary & Urgent Care - Altamonte Springs — 999 N State Rd 434 #1010, Altamonte Springs, FL 32714
- Sanlando Springs Animal Hospital — 2500 W State Rd 434, Longwood, FL 32779
- Dr. Franklin — 2500 W State Rd 434, Longwood, FL 32779
- Franklin Tabatha DVM — 2500 W State Rd 434, Longwood, FL 32779, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing clinical layout with reception, exam rooms, training space, and two restrooms.
Where is this medical office space located?
The property is located at 2711 W State Road 434 Longwood, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Almost 100 feet of frontage along SR‑434; Over 40,000 Annual Average Daily Traffic through the area; Existing medical buildout with waiting and reception areas
