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First-Floor Medical Office Condo
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3586 Aloma Ave, Winter Park, FL 32792

Built-out professional space combines patient-facing areas, administrative rooms, storage, and convenient on-site parking.

Property Size1,711 SF
Price / SF$289.30
Days on Market169

Property Features for 3586 Aloma Ave

General Information

Standard status Active
Size 1,711 SF
Class C
Property subtype Office
Zoning C-2
Investment Type Owner/User

Property Condition

Severity Repairs Needed
Evidence minor cosmetic updates

Additional Details

Floor First Floor

Building Details

Year Built 1996
Year Renovated 2010
Buildings 1
Stories 1
Units 1
Listing Agency: RE/MAX 200 Realty
Listed By: Chuck Rudis · License #FL SL667745
Source: Crexi
Added: Apr 29 Changed: Oct 10 Last Checked: Oct 12 at 7:44PM

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 200 Realty

Investment Insights

Based on property information with market context.

This 1,711 SF medical office condominium occupies a first-floor position and includes a practical arrangement for clinical and administrative operations. The interior provides 5 exam rooms, a reception and waiting area, administrative workspace, conference room, private office, 2 restrooms, and a rear storage area. The property was built in 1996 and carries C-2 zoning.

Front and rear access support convenient entry for occupants and visitors, while on-site parking serves the office. The existing build-out is configured for medical office use and provides a defined framework for continued operation or interior customization.

Key Highlights

  • 1,711 SF fully built‑out medical office condo
  • 5 exam rooms plus reception and waiting area
  • Administrative workspace, conference room, and private office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,562
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,240 $511.2K
Cap Rate 7%
$365,171 $365.2K
Cap Rate 9%
$284,022 $284.0K
Market Conditions
NOI Build-Up for 1,711 SF
Gross rent
$41.1K $24.00/SF
− Vacancy
−$7.0K −$4.08/SF
EGI
$34.1K $19.92/SF
− OpEx
−$8.5K −$4.98/SF
NOI
$25.6K $14.94/SF
Area
Orange 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%
$511,240
Cap Rate 7%
$365,171
Cap Rate 9%
$284,022

Alternative Uses

Best Use
Office B
$365.2K
$319.5K – $426.0K (±1% cap)
NOI $25,562 @ 7.0% cap · market cap 5.16%
Second Best
Healthcare Medical
$348.5K
$304.9K – $406.5K (±1% cap)
NOI $24,392 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$486.9K
$426.0K – $568.1K (±1% cap)
NOI $34,083 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Watch Me Grow ... Pediatrician Creative Ends Hair Salon Open Doors Counseling ... Counselor Accord Insurance Group, ... Tax Preparation Search for Strength Counseling Counselor

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Hotel & Motel Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,650
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32792, FL

51,376
Population
24,169
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
4,246
Density / Sq Mi
$66,176
Median Household Income
$39,326
Median Earnings
$1,612
Median Rent
$343,500
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Built-out professional space combines patient-facing areas, administrative rooms, storage, and convenient on-site parking.
Where is this medical office space located?
The property is located at 3586 Aloma Ave Winter Park, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,711 SF fully built‑out medical office condo; 5 exam rooms plus reception and waiting area; Administrative workspace, conference room, and private office
More about this property
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