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Turn Key Office Building

657 MAITLAND AVENUE Altamonte Springs, FL 32701

657 MAITLAND AVENUE, Altamonte Springs, FL, 32701
$495,000
For Sale
Claim this Listing
$495,000

Office - ALTAMONTE SPRINGS, FL

Property Size1,518 SF
Lot Size0.27 Acres
Price / SF$326.09
AddedMay 26
Days on Market51
Last RefreshJul 15 at 9:06 am

Property Features for 657 MAITLAND AVENUE

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
MOR-1
Standard status
Active
APN
24-21-29-503-0F00-0090
Size
1,518 SF
Lot size
0.27 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5813.03

Utilities

Cooling system
Central Air

Building Details

Year built
1957
Building materials
Block, Concrete, Stucco
Architectural style
Other

Listing agent Frank Filippelli License #316243

Listing office SOUTHERN REALTY ENTERPRISES 2101 W State Road 434 #105, Longwood, FL

Listing date May 26, 2026

MLS# O6410776 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.


Investment Insights

Based on property information with market context.

This turn-key office building presents a great opportunity. The building is zoned for both residential and commercial use. The office space has been updated in recent years, and new fencing has been installed. It is conveniently located near Winter Park, Maitland, and Altamonte Springs, with close and easy access to I-4, US 17-92, 436, and the 414/Maitland Boulevard. The building features 4 private offices, a receptionist area, a conference room, a kitchen area, and an additional flex space that can serve as a fifth office or file room. The office includes 2 restrooms and a concrete parking lot with 7 spacious parking spaces, along with a driveway that circles the building. The property is situated on a 0.27-acre lot and offers a total of 1518 square feet of space.

Key Highlights

  • Zoned for both residential and commercial use, offering versatile usage options.
  • Turn‑key office building, ready for immediate occupancy and operation.
  • Conveniently located near Winter Park, Maitland, and Altamonte Springs with easy access to major highways.

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 $36.4k $24.00
− Vacancy −$6.2k −$4.08
EGI $30.2k $19.92
− OpEx −$7.6k −$4.98
NOI $22.7k $14.94
1,518 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$324.0K
$283.5K – $378.0K (±1% cap)
NOI $22,679 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.0K
$378.0K – $504.0K (±1% cap)
NOI $30,239 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

COLLOCAMOTION Financial & Wellness,LLC Insurance Agency McClean Law Group Law Firm Salazar & Kelly Law ... Law Firm

Suggested Use

Restaurant Hair Salon Nail Salon Barber Shop Electrical Service Daycare Center Storage Facility (Bike/Boat/Book/etc) Store Locksmith Catering Service

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

FAQs

What type of property is this?
Office building - Updated office building near Winter Park, Maitland, and Altamonte Springs.
Where is this office building located?
The property is located at 657 MAITLAND AVENUE Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Zoned for both residential and commercial use, offering versatile usage options.; Turn‑key office building, ready for immediate occupancy and operation.; Conveniently located near Winter Park, Maitland, and Altamonte Springs with easy access to major highways.
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