Office Building with Open Floor
For Sale
$1,799,999
ALTAMONTE SPRINGS, FL 32714, Altamonte Springs, FL 32714
Commercial Sale, ALTAMONTE SPRINGS, FL
Property Size8,445 SF
Lot Size0.19 Acres
Price / SF$213.14
Days on Market302
Property Features
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
MOR-2
Window features
Blinds
Pets allowed
Yes
Appliances
Microwave, Refrigerator
Subdivision
MONTGOMERY PLACE
Standard status
Active
Size
8,445 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
20793
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1988
Floors in Building
1
Flooring type
Carpet
Building materials
Brick, Frame
Listing Agency:
FLORIDIAN REAL ESTATE GROUP
(407) 878-2830
Listed By:
Nate Trombetti · License #707606
(407) 402-3502
Added: Dec 15, 2025
Changed: Oct 7
Last Checked: Oct 13 at 5:06PM
MLS# O6362292
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.
Investment Insights
Based on property information with market context.
The 8,445-square-foot office building was constructed in 1988 on a 0.19-acre parcel. Its interior includes an open area at the center of the building, with carpet flooring and central heating and air conditioning. Construction is brick and frame, and the property has public sewer service. A microwave and refrigerator are also present.
Key Highlights
- 8,445‑square‑foot office building on a 0.19‑acre parcel
- MOR‑2 zoning
- Central open area with carpet flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,168
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,523,360
$2.5M
Cap Rate 7%
$1,802,400
$1.8M
Cap Rate 9%
$1,401,867
$1.4M
Market Conditions
NOI Build-Up for 8,445 SF
Gross rent
$202.7K $24.00/SF
− Vacancy
−$34.5K −$4.08/SF
EGI
$168.2K $19.92/SF
− OpEx
−$42.1K −$4.98/SF
NOI
$126.2K $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%
$2,523,360
Cap Rate 7%
$1,802,400
Cap Rate 9%
$1,401,867
Alternative Uses
Best Use
Office B
$1.80M
$1.58M – $2.10M
NOI $126,168 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $168,224 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,314
Businesses Nearby
Explore this area
Business Placement
Demographics for 32714, FL
38,049
Population
16,722
Households
2.3
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
8.5 sq mi
ZIP Area
4,476
Density / Sq Mi
$67,333
Median Household Income
$39,714
Median Earnings
$1,641
Median Rent
$292,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - MOR-2 zoning and central HVAC support the building’s office configuration.
Where is this office building located?
The property is located at Altamonte Springs, FL.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: 8,445‑square‑foot office building on a 0.19‑acre parcel; MOR‑2 zoning; Central open area with carpet flooring
