Apopka Healthcare Property For
8 East Summit Street Apopka, FL 32712
8 East Summit Street, Apopka, FL, 32712
$750,000
For Sale
$750,000
3,255 SF healthcare property near AdvanceHealth Hospital and Public School.
Property Size3,255 SF
Price / SF$230.41
Days on Market357
Property Features for 8 East Summit Street
General Information
- Standard status
- Active
- Size
- 3,255 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1958
Listing Agency
PREMIUM REAL ESTATE SERVICES
(407) 697-7020
Listed by
Neree Augustin · License #3132330
(407) 697-7020
Source
Compass
Added: Jul 25, 2025 Checked: Jul 16 at 6:56 am
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 PREMIUM REAL ESTATE SERVICES
Investment Insights
Based on property information with market context.
This 3,255 square foot property has been previously used as an APD/Group Home and can also be used as an assisted living facility. It is located within walking distance of AdvanceHealth Hospital and a public school.
Key Highlights
- Previously used as APD/Group Home and suitable for Assisted Living Facility.
- Walking distance to AdvanceHealth Hospital.
- Walking distance to Public School.
Local Financial Insights For Apartment 5plus
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 | $77.7k | $23.88 |
| − Vacancy | −$5.1k | −$1.55 |
| EGI | $72.7k | $22.33 |
| − OpEx | −$32.7k | −$10.05 |
| NOI | $40.0k | $12.28 |
3,255 SF · lease $23.88/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$571.0K
$499.7K – $666.2K
NOI $39,972 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$926.3K
$810.5K – $1.08M
NOI $64,840 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Assisted living facilities
Similar For Sale Nearby
Similar Off Market Nearby
- Dream Lake Assisted Living — 302 N Park Ave, Apopka, FL 32703
FAQs
What type of property is this?
Assisted living facility - 3,255 SF healthcare property near AdvanceHealth Hospital and Public School.
Where is this assisted living facility located?
The property is located at 8 East Summit Street Apopka, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Previously used as APD/Group Home and suitable for Assisted Living Facility.; Walking distance to AdvanceHealth Hospital.; Walking distance to Public School.
