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Freestanding Office Building

483 MONTGOMERY PLACE Altamonte Springs, FL 32714

483 MONTGOMERY PLACE, Altamonte Springs, FL, 32714
$1,899,999
For Sale
Claim this Listing
$1,899,999

Well-sized office building offered for sale, located within Seminole County with straightforward access from I-4.

Property Size8,445 SF
Price / SF$224.99
AddedDec 15, 2025
Days on Market212
Last RefreshJun 20 at 2:25 am

Property Features for 483 MONTGOMERY PLACE

General Information

Standard status
Active
Size
8,445 SF

Building Details

Year Built
1988

Listing office Lake Monroe Realty

Listing date Dec 15, 2025

Source Evrealestate

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 Lake Monroe Realty


Investment Insights

Based on property information with market context.

This freestanding office building for sale is offered at 483 Montgomery Place in Altamonte Springs, Florida. The property is listed with a total size of 8,445 square feet, providing an established footprint for office-oriented users. Because no unit breakdown or interior improvements were provided, prospective buyers should confirm the current configuration and condition during due diligence.

Access is described from I-4 and 436 by heading north to Montgomery Rd, turning right, then continuing for approximately 2 miles. The route continues to Montgomery Place, where the building is located at the back left corner of the subdivision, providing a clear, defined approach for visitors and service access.

For buyers seeking an office property in Seminole County, this asset’s straightforward, standalone positioning within a subdivision may be helpful for organizations looking for a dedicated building presence. The offering is presented as a for-sale transaction, and interested parties should verify parking, entry locations, and any tenant-ready attributes that may impact occupancy planning, operations, or future leasing decisions.

Key Highlights

  • Office building built in 1988
  • Central air conditioning and central heating
  • Includes microwave and refrigerator

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 Analytics

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

Food Market (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Veterinary Clinic Pet Store

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

FAQs

What type of property is this?
Office building - Well-sized office building offered for sale, located within Seminole County with straightforward access from I-4.
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: Office building built in 1988; Central air conditioning and central heating; Includes microwave and refrigerator
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