Fully Leased Pulmonary and Sleep Lab
For Sale
$1,900,000
610 JASMINE Road, Altamonte Springs, FL 32701
SINGLE_FAMILY - ALTAMONTE SPRINGS, FL
Property Size5,775 SF
Lot Size0.56 Acres
Price / SF$329
Days on Market10
Property Features for 610 JASMINE Road
General Information
Property type
Residential
Property subtype
Office
Zoning
MOR-1
Security features
Security System
Subdivision
JASMINE CENTER
Directions
From I-4 east to SR 436. right on Boston Ave. Left on Jasmine Road.
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
Legal Description
LOT 1 JASMINE CENTER PB 55 PG 32
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: Aug 2
Last Checked: Aug 2 at 12:06PM
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 facility currently used as a pulmonary and sleep lab center. The building is fully leased to Advent Health for a period of five years, with a first option of renewal. With 6,282 square feet, the layout includes a welcoming 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 includes an adjoining lot used for extra parking, and the lot is described as 0.86 acres with a waterfront. The site is located in the heart of Altamonte Springs near SR 434, across from Advent Health Hospital.
Built in 1984, the facility features block and concrete construction with central heating and central air conditioning. Public water and public sewer are available, along with electricity.
The property includes an adjoining lot used for extra parking, and the lot is described as 0.86 acres with a waterfront. The site is located in the heart of Altamonte Springs near SR 434, across from Advent Health Hospital.
Built in 1984, the facility features block and concrete construction with central heating and central air conditioning. Public water and public sewer are available, along with electricity.
Key Highlights
- Fully leased to Advent Health for five years with first option of renewal
- 6,282 SF pulmonary and sleep lab facility
- MOR‑1 zoning
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,075
Businesses Nearby
Explore this area
Business Placement
Demographics for 32701, FL
23,265
Population
12,085
Households
1.9
Avg Household Size
40
Median Age
35%
College-Educated
93%
High-School Grad
5.6 sq mi
ZIP Area
4,154
Density / Sq Mi
$62,008
Median Household Income
$37,359
Median Earnings
$1,609
Median Rent
$258,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical center - MOR-1 zoned medical facility built in 1984, fully leased for five years 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.
What are key features of this property?
This property features: Fully leased to Advent Health for five years with first option of renewal; 6,282 SF pulmonary and sleep lab facility; MOR‑1 zoning
