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Freestanding Medical Office
For Sale
$850,000

2711 W STATE ROAD 434, Longwood, FL 32779

Commercial Sale, LONGWOOD, FL

Property Size3,230 SF
Lot Size0.36 Acres
Price / SF$263.16
Days on Market48

Property Features for 2711 W STATE ROAD 434

General Information

Property type Commercial Sale
Property subtype Office
Zoning RP
Subdivision MEREDITH MANOR NOB HILL SEC REP OF BLK C
Directions Follow I-4 W to W State Rd 434 in Wekiwa Springs. Take exit 94 from I-4 W. Use the right 2 lanes to take exit 94 toward Longwood. Use the right 2 lanes to turn right onto W State Rd 434. Destination will be on the right.
Standard status Active
APN 04-21-29-513-0C00-0060
Size 3,230 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 6 REPLAT OF BLK C NOB HILL SECTION MEREDITH MANOR PB 14 PG 21
Tax Annual Amount 8410
Legal Description LOT 6 REPLAT OF BLK C NOB HILL SECTION MEREDITH MANOR PB 14 PG 21

Utilities

Sewer type Septic Tank
Cooling system Central Air
Water source Public

Building Details

Year built 1983
Floors in Building 1
Building materials Block
Roof type Metal
Listing Agency: RE/MAX CENTRAL REALTY · RE/MAX International
Listed By: Bill Miller · License #3181406
Added: Sep 15 Changed: Oct 16 Last Checked: Nov 1 at 3:06PM
MLS# O6442056

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,230-square-foot freestanding medical office was built in 1983 and features a block construction, metal roof, and central air. The existing interior includes a waiting area, reception, private exam rooms, an open training room, and two restrooms. Public water and a septic tank serve the property, which is zoned RP.

The property fronts SR-434 for almost 100 feet and benefits from major-road access with an area traffic count exceeding 40,000 annual average daily trips. I-4 and SR-436 are accessible within minutes, supporting regional connectivity for staff and visitors.

Key Highlights

  • 3,230‑square‑foot freestanding medical office
  • Existing medical buildout with waiting area, reception, and private exam rooms
  • Open training room and 2 restrooms

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 (±1% cap)
NOI $48,256 @ 7.0% cap · market cap 5.68%
Second Best
Healthcare Medical
$657.8K
$575.6K – $767.5K (±1% cap)
NOI $46,047 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$919.2K
$804.3K – $1.07M (±1% cap)
NOI $64,342 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Journeys Fitness & Wellness Gym & Fitness Center Triple Fitness Training, ... Gym & Fitness Center Watson Chiropractic Center Alternative Medicine Practice

Suggested Use

Top Pick Auto Repair Shop Restaurant Building Supply Parking Lot & Garage Law Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

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 - Established medical-office layout with exam rooms, reception areas, 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: 3,230‑square‑foot freestanding medical office; Existing medical buildout with waiting area, reception, and private exam rooms; Open training room and 2 restrooms
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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