Medical Office Building with
326 N MILLS Avenue Orlando, FL 32803
For Sale
$2,750,000
SINGLE_FAMILY - ORLANDO, FL
Property Size6,706 SF
Lot Size1.29 Acres
Price / SF$410.08
Days on Market47
Property Features for 326 N MILLS Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- O-1/T
- Security features
- Security System
- Window features
- Blinds
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 25-22-29-2508-05-100
- Size
- 6,706 SF
- Lot size
- 1.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- EOLA PARK HEIGHTS H/33 LOTS 9 THROUGH 16BLK E
- Tax Annual Amount
- 112826
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1993
- Floors in Building
- 1
- Flooring type
- Carpet, Laminate
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency:
FLORIDA REALTY INVESTMENTS
(407) 207-2220
Listed By:
Alain Hart · License #3017893
(407) 207-2220
Added: Jun 10
Changed: Jul 24
Last Checked: Jul 26 at 5:06AM
MLS# O6415603
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 medical office building features a colonial-style red brick exterior with dormer windows and skylights. The interior includes two reception areas, seven private offices, multiple open workstations, and a business conference room. Additional improvements include a full-service kitchen, an electrical and computer monitor room, and two file rooms, supported by four restrooms.
The property offers 80 feet of frontage to North Mills Avenue and is adjacent to an Advent Health Pulmonary Medical facility at 326 N Mills Avenue. Zoning is listed as O-1/T.
A new roof is scheduled for March 2026. The listing also notes a triple net lease (NNN) option at $16,000 per month for five years, with a minimum term of three years.
The property offers 80 feet of frontage to North Mills Avenue and is adjacent to an Advent Health Pulmonary Medical facility at 326 N Mills Avenue. Zoning is listed as O-1/T.
A new roof is scheduled for March 2026. The listing also notes a triple net lease (NNN) option at $16,000 per month for five years, with a minimum term of three years.
Key Highlights
- 80 ft frontage on North Mills Avenue in a medical and business district
- Built in 1993 with red brick exterior, dormer windows, and shingle roof
- Approx. 6,824 SF office space with 2 reception areas and multiple open workstations
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $201.2k | $30.00 |
| − Vacancy | −$34.2k | −$5.10 |
| EGI | $167.0k | $24.90 |
| − OpEx | −$41.7k | −$6.23 |
| NOI | $125.2k | $18.67 |
6,706 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.79M
$1.57M – $2.09M
NOI $125,235 @ 7.0% cap · market cap 4.55%
Second Best
Healthcare Medical
$1.37M
$1.20M – $1.59M
NOI $95,601 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,217 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Choosak D. Burr, ...
Physician
Dr. Yitzhak Haim
Physician
Malik Neveen A DO
Physician
Guerrero Jorge E ...
Physician
Dr. Syed I. ...
Physician
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FAQs
What type of property is this?
Medical Office Space - Colonial-style red brick medical office with skylights, multiple offices, reception areas, and four restrooms.
Where is this medical office space located?
The property is located at 326 N MILLS Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 80 ft frontage on North Mills Avenue in a medical and business district; Built in 1993 with red brick exterior, dormer windows, and shingle roof; Approx. 6,824 SF office space with 2 reception areas and multiple open workstations
