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Property profile

583 State Road 434 Longwood, FL 32750

OFF-MARKET
Office Spaces
6,795 SF Built 1984
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Property summary

AI-generated overview

This exceptional two-story, 6,795 square foot medical office building is situated on State Road 434 in Longwood, Florida. The property, built in 1984 and renovated in 2016, features a spacious two-story lobby with elevator and stair access. Currently, the first floor (3,183 sq ft) is owner-occupied, while the second floor (3,183 sq ft) is leased until July 2025, offering a 50% occupancy rate. Each floor boasts its own tax ID number and separate electric and water meters. The building includes two HVAC units per floor, plus a separate unit for the lobby. Ample parking is available with a 4:1,000 sq ft ratio. The property sits on a 3,200 sq ft lot and is zoned for general commercial use. This owner-user opportunity presents a unique chance to acquire a well-maintained medical office building in a high-traffic area. The asking price is $1,295,000, translating to $190.58 per square foot. The building is part of a larger office park with additional buildings and parking. Street and building signage opportunities are available. This is a Class B building with a modified lease type and multi-tenancy. The APN numbers are 32-20-30-525-5830-1000 and 2000.

Property profile

Verified
Property type Office Spaces
Year built 1984
Total area 6,795 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • Physician Medical Clinic
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Physician Medical Clinic

Location

583 State Road 434 Longwood, FL 32750
Longwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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