Altamonte Springs Commercial
890 N STATE ROAD 434, Altamonte Springs, FL 32714
Office - ALTAMONTE SPRINGS, FL
Type:Office
Property size:
14,924 SFLot size:
1.20 AcresPrice / SF:
$227/SF- Added:
- Jan 30, 2026
- Days on Market:
- 116
- Last Refresh:
- May 26 at 9:06 pm
Property Features for 890 N STATE ROAD 434
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- CG
- Standard status
- Active
- APN
- 09-21-29-300-020B-0000
- Size
- 14,924 SF
- Lot size
- 1.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 40319
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Flooring type
- Carpet, Tile, Tile - Ceramic, Vinyl
- Building materials
- Block, Brick
- Roof type
- Membrane
- Architectural style
- Other
Listing agent Ryan Rogers License #3143732 (863) 206-5755
Listing office REAL BROKER, LLC 122 W Pine St, Ste 300, Winter Haven, FL (863) 206-5755
Listing date Jan 30, 2026
MLS# O6378459
Listing URL
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.
HighLights
- High‑visibility location on State Road 434 with high daily traffic counts and strong signage exposure.
- Flexible floor plan suitable for owner‑user, investment, or potential retail redevelopment.
- Recent capital improvements including remodeled interiors, new rooftop HVAC units, and a new roof membrane with warranty.
- Proximity to major transportation routes (SR 436, Interstate 4) and surrounding business hubs.
- Located in a rapidly growing commercial market near the planned Altamonte Town Center redevelopment.
- Professionally maintained with features like elevator service, secure card‑gated entry, and flexible office configurations.
Overview
Located in Altamonte Springs, this upgraded commercial building offers an opportunity for owner-users, investors, and potential retail redevelopment. The two-story building has a size of 14,924 square feet and sits on a 1.2-acre lot with frontage and visibility along State Road 434. The location provides high daily traffic counts, strong signage exposure, and access to SR 436, Interstate 4, Maitland, Longwood, Winter Park, Downtown Orlando, and surrounding Seminole County business hubs. The property is suitable for a professional office headquarters, medical office conversion, corporate office, law firm, financial services company, engineering firm, real estate headquarters, insurance agency, technology company, educational use, or multi-tenant office investment. It also offers future potential for retail, showroom, service retail, or mixed commercial use opportunities, subject to zoning and municipal approval. The flexible floor plan allows an owner-user to occupy the entire building or a portion while benefiting from in-place rental income, with an existing tenant occupying approximately 50%–65% of the building. The property features executive corner offices with private bathrooms, elevator service, secure card-gated entry, conference rooms, collaborative workspaces, break rooms, common areas, and flexible office configurations. Recent capital improvements include remodeled interiors, new rooftop HVAC units, and a new roof membrane with warranty. The property is located near the planned Altamonte Town Center redevelopment and benefits from demographics, redevelopment activity, and economic growth throughout the Orlando metro area. It is surrounded by retail, restaurants, medical facilities, hotels, and executive housing communities.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$3.26M
NOI $293,060 @ 9.00% cap · cautious / downside scenario
Moderate
$4.19M
NOI $293,060 @ 7.00% cap · market / base-case scenario
Aggressive
$5.86M
NOI $293,060 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $433.4k | $29.04 |
| − Vacancy | −$14.7k | −$0.99 |
| EGI | $418.7k | $28.05 |
| − OpEx | −$125.6k | −$8.42 |
| NOI | $293.1k | $19.64 |
14,924 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$4.19M
$3.66M – $4.88M
NOI $293,060 @ 7.0% cap · market cap 8.62%
Second Best
Office B
$3.19M
$2.79M – $3.72M
NOI $222,965 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$4.25M
$3.72M – $4.95M
NOI $297,286 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
National Environmental Training ...
Training Center
David Graham Insurance ...
Law Firm
Restoration Association of Florida
Charitable Organization
EDC Services Group
Construction Company
Disaster Management Recovery ...
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- Altamonte Springs
- County
- Seminole
- State
- Florida
- Longitude
- -81.420144
- Latitude
- 28.678988
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Upgraded commercial building on 1.2 acres in Altamonte Springs.
Where is this office building located?
The property is located at 890 N STATE ROAD 434 Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: **High‑visibility location on State Road 434** with high daily traffic counts and strong signage exposure.; Flexible floor plan suitable for owner‑user, investment, or potential retail redevelopment.; **Recent capital improvements including remodeled interiors, new rooftop HVAC units, and a new roof membrane with warranty.**
