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    Office Building with Open Floor Plan Title is generated by Realmo AI

    483 MONTGOMERY PLACE, Altamonte Springs, FL 32714

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    Claim this Listing
    For Sale
    $1,899,999

    Office - ALTAMONTE SPRINGS, FL

    Type:Office
    Property size:
    8,445 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $224/SF
    Added:
    Dec 15, 2025
    Days on Market:
    190
    Last Refresh:
    Jun 23 at 3:06 am

    Property Features for 483 MONTGOMERY PLACE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    MOR-2
    Appliances
    Microwave, Refrigerator
    Standard status
    Active
    APN
    15-21-29-521-0000-00G0
    Size
    8,445 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    20792.9

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1988
    Flooring type
    Carpet
    Building materials
    Brick, Frame
    Architectural style
    Other

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    Listing Contact
    Nate Trombetti

    Listing agent Nate Trombetti License #707606

    Listing office FLORIDIAN REAL ESTATE GROUP 483 Montgomery Pl, Sanford, FL

    Listing date Dec 15, 2025

    MLS# O6362292 Listing URL

    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.

    HighLights

    • Central location in town
    • Open floor plan
    • Suitable for various business types such as call centers
    • Central heating and air conditioning
    • Includes microwave and refrigerator
    • Brick and frame construction

    Overview

    This office building offers an open floor plan with a flexible, “blank slate” configuration centered within the building. The interior layout is designed to support a range of office uses, including call center operations, with the same general open approach throughout the space.

    Located at 483 Montgomery Place in Altamonte Springs, Florida, the property sits in Seminole County. The site is zoned MOR-2, providing a defined regulatory framework for prospective tenants or owners evaluating permitted commercial office uses.

    For buyers or operators seeking an adaptable office space, the centrally oriented open plan can simplify fit-out planning and support multiple workstation or team-based layouts. Prospective users should confirm specific use requirements under MOR-2 and assess the condition and build-out needs as part of their due diligence.

    Local 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 $202.7k $24.00
    − Vacancy −$34.5k −$4.08
    EGI $168.2k $19.92
    − OpEx −$42.1k −$4.98
    NOI $126.2k $14.94
    8,445 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.80M
    $1.58M – $2.10M (±1% cap)
    NOI $126,168 @ 7.0% cap · market cap 6.64%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $2.40M
    $2.10M – $2.80M (±1% cap)
    NOI $168,224 @ 7.0% cap · market cap 8.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Green Solar Solar Energy Company Secured Investment Lending Bank Secured Dock Builders Construction Company Secured Roofing & Solar Roofing Company Floridian Real Estate ... Real Estate Agency

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.4007997
    Latitude
    28.6688451

    FAQs

    What type of property is this?
    Office building - Office building in Altamonte Springs with an open, adaptable layout and MOR-2 zoning.
    Where is this office building located?
    The property is located at 483 MONTGOMERY PLACE Altamonte Springs, FL.
    What is the asking price?
    The asking price for this property is $1,899,999.
    What are key features of this property?
    This property features: Central location in town; Open floor plan; Suitable for various business types such as call centers
    More about this property
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