Altamonte Springs Office For
741 MAITLAND AVENUE, Altamonte Springs, FL 32701
1,520 SF office building with high street visibility.
Property size:
1,520 SFPrice / SF:
$275/SF- Added:
- Jun 10, 2025
- Days on Market:
- 357
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 741 MAITLAND AVENUE
General Information
- Standard status
- Active
- Size
- 1,520 SF
Building Details
- Year Built
- 1958
Listing agent MICHAEL BERLANT
Listing office RE/MAX EXCLUSIVE COLLECTION
Listing date Jun 10, 2025
Source Corcoran
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 RE/MAX EXCLUSIVE COLLECTION
HighLights
- Incredible street visibility and street signage.
- Located on Maitland Avenue between Maitland Blvd (CR‑427) and SR - 436.
- Parking in front and behind the building.
- Features five private offices, two open cubicles, large waiting area and receptionist area.
- 1,520 SF free standing building.
- Possible Seller Financing.
Overview
This 1,520 SF free-standing building, originally constructed as a home in 1958 and later converted into an office, is located on Maitland Avenue in Altamonte Springs, situated between Maitland Blvd (CR-427) and SR-436. The property, which has served as a chiropractor's office for many years, features five private offices, two open cubicles, a large waiting area, and a receptionist area. Parking is available both in front of and behind the building. The property benefits from significant street visibility and signage.
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 | $36.5k | $24.00 |
| − Vacancy | −$6.2k | −$4.08 |
| EGI | $30.3k | $19.92 |
| − OpEx | −$7.6k | −$4.98 |
| NOI | $22.7k | $14.94 |
1,520 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$324.4K
$283.9K – $378.5K
NOI $22,709 @ 7.0% cap · market cap 5.42%
Second Best
Healthcare Medical
$309.6K
$270.9K – $361.2K
NOI $21,669 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$432.5K
$378.5K – $504.6K
NOI $30,278 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Network Chiropractic
Alternative Medicine Practice
Freddie J. Seltzer, ...
Alternative Medicine Practice
Destination Health and Wellness
Alternative Medicine Practice
Matthew Roberts
Alternative Medicine Practice
Similar Places Nearby
- Luv My Pet Inc — 947 E Altamonte Dr, Altamonte Springs, FL 32701
Location Insight
- Map
- Local Demand
- City
- Altamonte Springs
- County
- Seminole
- State
- Florida
- Longitude
- -81.3655
- Latitude
- 28.648
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 1,520 SF office building with high street visibility.
Where is this medical office space located?
The property is located at 741 MAITLAND AVENUE Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Incredible street visibility and street signage.; Located on Maitland Avenue between Maitland Blvd (CR‑427) and SR - 436.; Parking in front and behind the building.
