Modern Office Building with
For Sale
$1,750,000
741 CIARA CREEK Cove, Longwood, FL 32750
Commercial Sale, LONGWOOD, FL
Property Size6,834 SF
Lot Size0.16 Acres
Price / SF$256.07
Days on Market94
Property Features for 741 CIARA CREEK Cove
General Information
Property type
Commercial Sale
Property subtype
Office
Property condition
Under Construction
Window features
Blinds
Subdivision
CIARA CREEK EXECUTIVE CENTRE
Lot features
Street Lights
Directions
I-4 E, Exit 98 toward Lake Mary/ Heathrow, right onto W Lake Mary Blvd, right 2 lanes to turn onto Lake Emma Rd, Turn left onto Green Way Blvd, Turn right onto Longwood Lake Mary Rd, Turn left onto Ciara Creek Cove.
Standard status
Active
APN
20-20-30-513-0000-7410
Size
6,834 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 741 CIARA CREEK EXECUTIVE CENTRE ORB 9108 PG 774
Tax Annual Amount
3185
Legal Description
UNIT 741 CIARA CREEK EXECUTIVE CENTRE ORB 9108 PG 774
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
backup generator
Building Details
Year built
2026
Flooring type
Vinyl
Building materials
Block, Stone, Stucco
Roof type
Shingle
Listing Agency:
KROLL REALTY GROUP
(407) 339-6930
Listed By:
Holly Kroll · License #3282595
(407) 716-7429
Added: Jun 4
Changed: Aug 24
Last Checked: Sep 5 at 6:06PM
MLS# O6414058
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 under-construction office building at 741 Ciara Creek Cove in Longwood contains 6,834 square feet of workspace on a 0.16-acre lot. The layout includes 13 private offices, two executive offices, a 16' x 30' conference room, open work areas, an employee breakroom, and four restrooms. A 41' x 44' interior storage area adds capacity for records, equipment, inventory, or operational support. Block, stone, and stucco construction, vinyl flooring, central heating, central air, and a shingle roof are specified. The property also includes a backup generator and is scheduled for completion in 2026.
C-2 zoning supports a range of office and medical uses. The property is located in Longwood, Florida, within Seminole County and the 32750 ZIP code. Its configuration accommodates professional office operations, medical users, corporate headquarters, and specialty service providers as identified in the property information.
C-2 zoning supports a range of office and medical uses. The property is located in Longwood, Florida, within Seminole County and the 32750 ZIP code. Its configuration accommodates professional office operations, medical users, corporate headquarters, and specialty service providers as identified in the property information.
Key Highlights
- 6,834‑square‑foot office building on a 0.16‑acre lot
- 13 private offices, including two executive offices
- 16' x 30' conference room, open work areas, breakroom, and four restrooms
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
$102,100
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
5.83%
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%
$2,042,000
$2.0M
Cap Rate 7%
$1,458,571
$1.5M
Cap Rate 9%
$1,134,444
$1.1M
Market Conditions
NOI Build-Up for 6,834 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
$164.0K $24.00/SF
− Vacancy
−$27.9K −$4.08/SF
EGI
$136.1K $19.92/SF
− OpEx
−$34.0K −$4.98/SF
NOI
$102.1K $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%
$2,042,000
Cap Rate 7%
$1,458,571
Cap Rate 9%
$1,134,444
Alternative Uses
Best Use
Office B
$1.46M
$1.28M – $1.70M
NOI $102,100 @ 7.0% cap · market cap 5.83%
Second Best
Healthcare Medical
$1.39M
$1.22M – $1.62M
NOI $97,426 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $136,133 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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 - Under-construction office property with private offices, open work areas, storage, and C-2 zoning for office and medical uses.
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: 6,834‑square‑foot office building on a 0.16‑acre lot; 13 private offices, including two executive offices; 16' x 30' conference room, open work areas, breakroom, and four restrooms
