Medical Office Building with Parking
610 JASMINE Road Altamonte Springs, FL 32701
New
For Sale
$1,900,000
SINGLE_FAMILY - ALTAMONTE SPRINGS, FL
Property Size5,775 SF
Lot Size0.56 Acres
Price / SF$329
Days on Market3
Property Features for 610 JASMINE Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- MOR-1
- Security features
- Security System
- Standard status
- Active
- APN
- 13-21-29-534-0000-0010
- Size
- 5,775 SF
- Lot size
- 0.56 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 1 JASMINE CENTER PB 55 PG 32
- Tax Annual Amount
- 16326
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Flooring type
- Carpet, Laminate
- Building materials
- Block, Concrete
Listing Agency:
FLORIDA REALTY INVESTMENTS
(407) 207-2220
Listed By:
Alain Hart · License #3017893
(407) 207-2220
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 26 at 1:06AM
MLS# O6427902
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.
610 Jasmine Road is a medical office building currently used as a Pulmonary and Sleep Lab Center. The interior includes a reception room, private offices, clinical exam rooms, an X-Ray room, nurse stations, a full-service kitchen, restrooms, and an upstairs documentation area.
The property is located in Altamonte Springs along SR 434 and is across from AdventHealth Hospital. The zoning is MOR-1. The building is fully leased to AdventHealth for a period of 5 years, with a first option of renewal.
An adjoining lot provides additional parking and is included for sale. The listing materials indicate the lot is waterfront, and the tax ID is 15 15-21-29-954-0000-0020.
The property is located in Altamonte Springs along SR 434 and is across from AdventHealth Hospital. The zoning is MOR-1. The building is fully leased to AdventHealth for a period of 5 years, with a first option of renewal.
An adjoining lot provides additional parking and is included for sale. The listing materials indicate the lot is waterfront, and the tax ID is 15 15-21-29-954-0000-0020.
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 | $138.6k | $24.00 |
| − Vacancy | −$23.6k | −$4.08 |
| EGI | $115.0k | $19.92 |
| − OpEx | −$28.8k | −$4.98 |
| NOI | $86.3k | $14.94 |
5,775 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.23M
$1.08M – $1.44M
NOI $86,279 @ 7.0% cap · market cap 4.54%
Second Best
Healthcare Medical
$1.18M
$1.03M – $1.37M
NOI $82,328 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $115,038 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Daniel Haim
Physician
Dr. Francisco J. ...
Physician
Dr. Tabarak Qureshi
Physician
CFPG Institute of Sleep ...
Physician
Central Florida Pulmonary ...
Medical Group
FAQs
What type of property is this?
Medical center - Medical facility currently operated as a pulmonary and sleep lab, fully leased for a five-year term with renewal option.
Where is this medical center located?
The property is located at 610 JASMINE Road Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $1,900,000.
