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    515 State Road 434 Longwood, FL 32750

    Sponsored
    For Lease
    $24 SF/Yr

    Prime Medical Space Available in Longwood, FL

    Lot size:
    55,290 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, Class B medical office building, totaling 55,290 square feet, presents a unique investment opportunity in the thriving Longwood, Florida market. Located at 515 W State Road 434 in Seminole County, this multi-tenant property boasts a convenient location on the campus of Orlando Health's South Seminole Hospital, ensuring high visibility and accessibility. Built in 1994, the building offers 130 parking spaces for ample tenant and visitor convenience. The building features 11-foot ceilings throughout, providing a spacious and comfortable work environment. Multiple suites are available, ranging from a minimum of 1,439 square feet to a maximum contiguous space of 4,695 square feet, with a total of 17,059 square feet currently vacant. This presents a flexible opportunity for various medical practices, from small individual offices to larger group practices seeking expansion. The property's strategic location, combined with its size and amenities, makes it an ideal investment for those seeking a strong return in the growing healthcare sector. The building's existing infrastructure and ample parking provide a solid foundation for immediate occupancy and long-term growth. This is a rare opportunity to acquire a well-situated medical office building in a high-demand area.

    Property Features for 515 State Road 434

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,290 SF
    Class
    B
    Total Rate
    110580

    Building Details

    Year Built
    1994
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 207
    Size
    1,439 SF
    Rate per SF
    $24
    Space
    Suite 206
    Size
    3,552 SF
    Rate per SF
    $24
    Space
    Suite 308
    Size
    1,776 SF
    Rate per SF
    $24
    Space
    Suite 307
    Size
    2,519 SF
    Rate per SF
    $24
    Space
    Suite 310
    Size
    4,695 SF
    Rate per SF
    $24
    Space
    Suite 205
    Size
    1,299 SF
    Rate per SF
    $24

    HighLights

    • 55,290 SF Class B medical office building in Longwood, FL, on the Orlando Health South Seminole Hospital campus.
    • Conveniently located 2 miles from I‑4 with ample parking (130 spaces).
    • Features new common areas and a covered patient drop‑off.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arnold Palmer Hospital ... Sports Medicine Physician Dr. Sandeep Bajaj Cardiologist South Seminole Wound ... Health Antonio L Rodriguez, ... Pulmonologist Timothy H. Klein, ... Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.351044
    Latitude
    28.698927

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Space Available in Longwood, FL
    Where is this medical office located?
    The property is located at 515 State Road 434 Longwood, FL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 55,290 SF Class B medical office building in Longwood, FL, on the Orlando Health South Seminole Hospital campus.; Conveniently located 2 miles from I-4 with ample parking (130 spaces).; Features new common areas and a covered patient drop-off.
    Request Owner's contact information
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    Longwood, FL 32750
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 State Road 434 Longwood, FL 32750
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