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Property profile & analytics
OFF-MARKET
Office Spaces

616 Altamonte Dr Altamonte Springs, FL 32701

15,769 SF Built 1972
Property ID
Property summary
AI-generated overview

This 15,769-square-foot Class B medical office building in Altamonte Springs, Florida, is offered at $3,250,000 ($206.10/SF). Built in 1972 and extensively renovated in 2019, the multi-tenant property sits on a 0.65-acre lot (per Seminole County Tax Rolls) and enjoys a prime location across from Florida Hospital – Altamonte Springs Campus. Currently 69.84% occupied, with several vacancies under consideration for backfilling by medical office tenants, this presents a strong investment opportunity. Its convenient location offers easy access to Interstate 4 (just over a mile west) and US Highway 17/92 (2 miles east), along with public transportation options including Sunrail and multiple bus stops. The proximity to the Altamonte Mall further enhances its visibility and accessibility. The building's tenant mix is entirely medical office users, capitalizing on the high demand in this thriving healthcare hub. This property represents a compelling investment in a high-growth area with excellent access to major roadways and a prominent medical center. The address is 616 E Altamonte Dr, Altamonte Springs, FL 32701.

Property profile
Verified
Property type Office Spaces
Year built 1972
Total area 15,769 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zaman Nikhat DO Pediatrician Physician
  • Premier Endocrinology - Altamonte Springs Physician
  • Kwame Safo Ntim, MD Physician
  • Ignacio Medical Group Medical Group
  • Accident Plus Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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