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Furnished Office Building
For Sale
$440,000

78 S WINTER PARK Drive, Casselberry, FL 32707

Commercial Sale, CASSELBERRY, FL

Property Size2,166 SF
Lot Size0.30 Acres
Price / SF$203.14
Days on Market166

Property Features for 78 S WINTER PARK Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning R-12.5
Security features Security System
Window features Blinds
Accessibility Accessible Approach with Ramp
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Washer
Subdivision A REP OF A PT OF BLK D CRYSTAL BOWL ADD
Lot features Near Golf Course, Near Public Transit, Neighbourhood, Oversized Lot, Sidewalk, Street Lights, Paved
Directions Head east on FL-436 E/Semoran Blvd to Red Bug Lake Road; turn onto S Winter Park Drive; property will be down on your left just past the school.
Standard status Active
APN 16-21-30-501-0D00-0040
Size 2,166 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 4 (LESS RD) A REPLAT OF A PART OF BLK D CRYSTAL BOWL ADD PB 10 PG 77
Tax Annual Amount 6029
Legal Description LOT 4 (LESS RD) A REPLAT OF A PART OF BLK D CRYSTAL BOWL ADD PB 10 PG 77

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Electric (Heating), Central, Ductless (Heating)
Cooling system Window Unit(s), Central Air, Wall/Window Unit(s)
Water source Public

Building Details

Year built 1955
Floors in Building 1
Flooring type Laminate
Building materials Block
Roof type Shingle
Listing Agency: CREEGAN GROUP
Listed By: Chris Creegan
Added: May 14 Changed: Oct 25 Last Checked: Oct 26 at 2:06AM
MLS# O6408053

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.

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Investment Insights

Based on property information with market context.

This 2,166-square-foot office building was built in 1955 and has been renovated and furnished. Its four-bedroom, three-bathroom layout includes a split-bedroom arrangement, an updated kitchen with stainless steel appliances and granite countertops, and living and dining areas. A recreation room has a fireplace. Additional features include a screened patio, circular driveway, block construction, and ramp access. The property is zoned R-12.5.

The Casselberry property is in Seminole County, with shopping, dining, parks, AdventHealth ER, and Oviedo Medical Center identified nearby. Public water and sewer serve the site.

Key Highlights

  • 2,166 square feet; built in 1955
  • Four‑bedroom, three‑bathroom layout with split‑bedroom configuration
  • Renovated and furnished; updated kitchen with stainless steel appliances and granite countertops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,360
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,200 $647.2K
Cap Rate 7%
$462,286 $462.3K
Cap Rate 9%
$359,556 $359.6K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$52.0K $24.00/SF
− Vacancy
−$8.8K −$4.08/SF
EGI
$43.1K $19.92/SF
− OpEx
−$10.8K −$4.98/SF
NOI
$32.4K $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 Rate 5%
$647,200
Cap Rate 7%
$462,286
Cap Rate 9%
$359,556

Alternative Uses

Best Use
Office B
$462.3K
$404.5K – $539.3K (±1% cap)
NOI $32,360 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$616.4K
$539.3K – $719.1K (±1% cap)
NOI $43,147 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bena Assisted Living ... Nursing Home

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Dental Office Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

Demographics for 32707, FL

37,704
Population
17,499
Households
2.2
Avg Household Size
40
Median Age
36%
College-Educated
92%
High-School Grad
9.6 sq mi
ZIP Area
3,928
Density / Sq Mi
$66,780
Median Household Income
$40,280
Median Earnings
$1,573
Median Rent
$305,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - A renovated, furnished interior includes four bedrooms, three bathrooms, and an updated kitchen.
Where is this office building located?
The property is located at 78 S WINTER PARK Drive Casselberry, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 2,166 square feet; built in 1955; Four‑bedroom, three‑bathroom layout with split‑bedroom configuration; Renovated and furnished; updated kitchen with stainless steel appliances and granite countertops
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