Medical Office
616 E Altamonte Dr Altamonte Springs, FL 32701
For Sale
Contact for pricing
Medical office center for sale with strong visibility along State Road 436 in the Orlando MSA.
Property Size15,769 SF
Price / SF$218.78
Days on Market244
Property Features for 616 E Altamonte Dr
General Information
Standard status
Active
Size
15,769 SF
Property subtype
OFFICE
Listing Agency:
Colliers | Orlando
(407) 230-2809
Listed By:
Joe Rossi · License #BK655420
(407) 230-2809
Source:
Moodyscre
Added: Nov 27, 2025
Changed: Jul 28
Last Checked: Jul 29 at 12:03PM
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 Colliers | Orlando
Investment Insights
Based on property information with market context.
Regency Medical Center is a medical office building offering an owner-user or investment opportunity. The property includes office space configured for medical use within a dedicated healthcare setting.
The building is located at 616 E Altamonte Drive in Altamonte Springs, Florida. It has visibility and exposure to 63,000 AADT from State Road 436 (E Altamonte Dr). Nearby amenities include the Altamonte Mall (about two blocks west) and Advent Health’s Altamonte Springs hospital directly across the street. SunRail’s Altamonte Springs Station is less than a half-mile away, and a pedestrian corridor is planned for the area.
This is a healthcare-focused office property positioned for daily access from major roadway traffic and nearby transit.
The building is located at 616 E Altamonte Drive in Altamonte Springs, Florida. It has visibility and exposure to 63,000 AADT from State Road 436 (E Altamonte Dr). Nearby amenities include the Altamonte Mall (about two blocks west) and Advent Health’s Altamonte Springs hospital directly across the street. SunRail’s Altamonte Springs Station is less than a half-mile away, and a pedestrian corridor is planned for the area.
This is a healthcare-focused office property positioned for daily access from major roadway traffic and nearby transit.
Key Highlights
- Medical office center for sale at 616 E Altamonte Drive, Altamonte Springs, FL 32701
- Located on State Road 436 (E Altamonte Dr) with 63,000 AADT exposure
- AdventHealth Altamonte Springs hospital is directly across the street
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 | $378.5k | $24.00 |
| − Vacancy | −$64.3k | −$4.08 |
| EGI | $314.1k | $19.92 |
| − OpEx | −$78.5k | −$4.98 |
| NOI | $235.6k | $14.94 |
15,769 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.37M
$2.94M – $3.93M
NOI $235,589 @ 7.0% cap · market cap 6.83%
Second Best
Healthcare Medical
$3.21M
$2.81M – $3.75M
NOI $224,803 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$4.49M
$3.93M – $5.24M
NOI $314,118 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Medical office center for sale with strong visibility along State Road 436 in the Orlando MSA.
Where is this medical center located?
The property is located at 616 E Altamonte Dr Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Medical office center for sale at 616 E Altamonte Drive, Altamonte Springs, FL 32701; Located on State Road 436 (E Altamonte Dr) with 63,000 AADT exposure; AdventHealth Altamonte Springs hospital is directly across the street
