New Professional Office
For Sale
$1,750,000
741 CIARA CREEK COVE, Longwood, FL 32750
Contemporary office building with private offices, conference space, breakroom, and backup generator support.
Property Size6,834 SF
Price / SF$250
Days on Market82
Property Features for 741 CIARA CREEK COVE
General Information
Standard status
Active
Size
6,834 SF
Property subtype
Commercial
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
13
Taxes and HOA fees
Annual Taxes
$3,184
Building Details
Building Size
6,834 SF
Year Built
2026
Listing Agency:
KROLL REALTY GROUP
(407) 716-7429
Listed By:
Holly Kroll · License #3282595
(407) 716-7429
Source:
Mbifloridarealty
Added: Jun 4
Changed: Aug 23
Last Checked: Aug 23 at 8:21AM
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 KROLL REALTY GROUP
Investment Insights
Based on property information with market context.
Newly constructed professional office building offering just under 7,000 square feet of thoughtfully designed workspace. The layout includes 13 private offices, two executive offices, expansive open work areas, a 16' x 30' conference room, and a large employee breakroom. Four restrooms provide convenient access throughout the building, and a substantial 41' x 44' interior storage area supports records, equipment, inventory, or other operational needs. A backup generator is included to help maintain business continuity during power interruptions.
The property is located at 741 Ciara Creek Cove in Longwood, Florida. Public remarks note convenient access to major transportation corridors. Walkability is limited, with the area described as car-dependent.
This C-2 zoned building is suited for professional office use and medical users, as well as corporate offices and specialty service providers that need a mix of private offices, meeting space, and on-site storage. The combination of private rooms, open work areas, multiple restrooms, and backup power can support day-to-day operations for owner-users or investors seeking a modern, flexible office environment.
The property is located at 741 Ciara Creek Cove in Longwood, Florida. Public remarks note convenient access to major transportation corridors. Walkability is limited, with the area described as car-dependent.
This C-2 zoned building is suited for professional office use and medical users, as well as corporate offices and specialty service providers that need a mix of private offices, meeting space, and on-site storage. The combination of private rooms, open work areas, multiple restrooms, and backup power can support day-to-day operations for owner-users or investors seeking a modern, flexible office environment.
Key Highlights
- Newly constructed professional office building completed in 2026 at 741 Ciara Creek Cove, Longwood, FL 32750
- Just under 7,000 SF with 13 private offices, including 2 executive offices, plus open work areas
- 16' x 30' conference room and large employee breakroom for team collaboration and daily operations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$104,580
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,091,600
$2.1M
Cap Rate 7%
$1,494,000
$1.5M
Cap Rate 9%
$1,162,000
$1.2M
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$168.0K $24.00/SF
− Vacancy
−$28.6K −$4.08/SF
EGI
$139.4K $19.92/SF
− OpEx
−$34.9K −$4.98/SF
NOI
$104.6K $14.94/SF
Area
Seminole County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,091,600
Cap Rate 7%
$1,494,000
Cap Rate 9%
$1,162,000
Alternative Uses
Best Use
Office B
$1.49M
$1.31M – $1.74M
NOI $104,580 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,440 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
13
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 32750, FL
25,261
Population
10,541
Households
2.4
Avg Household Size
43
Median Age
37%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
2,216
Density / Sq Mi
$85,227
Median Household Income
$48,311
Median Earnings
$1,633
Median Rent
$350,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Contemporary office building with private offices, conference space, breakroom, and backup generator support.
Where is this office building located?
The property is located at 741 CIARA CREEK COVE Longwood, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Newly constructed professional office building completed in 2026 at 741 Ciara Creek Cove, Longwood, FL 32750; Just under 7,000 SF with 13 private offices, including 2 executive offices, plus open work areas; 16' x 30' conference room and large employee breakroom for team collaboration and daily operations
