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Property profile & analytics

1655 Highway 50 Clermont, FL 34711

  • Office buildings
  • 16,788 SF
  • 0.41 lot acres
Value Estimation
Location Intelligence
Property ID
US18-6102823
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • YURKIEWICZ ORTHODONTICS PA / Orthodontist
  • Medical & Sports Massage and Bodywork / Sports Massage Therapist
  • Center for Retina & Macular Disease / Ophthalmology Clinic / Doctor
  • Dr. Faraz Tartibi / Pediatric Dentist
  • ALEN South Lake University / University / Community College

Property Details for 1655 Highway 50

Year built
2008
Construction
CONCRETE BLOCKS
Lot size
0.41 lot acres
Property size
16,788 SF
Property type
Office buildings
APN
09-22-26-1305-018-00003
APU
92226130501800003

Description

This exceptional 21,406 square-foot medical office building, constructed in 2008, presents a compelling investment opportunity. Located at 1655 E Hwy 50 in Clermont, Florida (34711), this multi-tenant property enjoys a prime location on State Highway 50, benefiting from high visibility and exposure to 52,000 vehicles daily. Currently boasting a 97% occupancy rate, the building houses a diverse tenant base including medical professionals and a U.S. Government Veterans Center, ensuring a stable and reliable cash flow. The Net Operating Income (NOI) stands at $466,790, translating to a 7.50% capitalization rate on the asking price of $6,223,862. The property operates under a NNN lease structure. There is a small vacancy offering the potential to increase NOI by an estimated $25,000 annually through additional leasing. The seller owns two of the three buildings in the development, providing additional control and potential upside. This well-maintained asset offers investors a strong performing property with significant growth potential in a desirable location. The building's high occupancy and diverse tenant mix provide a secure investment with a proven track record. This is an excellent opportunity to acquire a high-performing medical office building in a thriving Florida market.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Clermont
County
Lake
State
Florida
Longitude
-81.726
Latitude
28.5451
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$54,502
$0.00
$0.00
$3,144,905
-
$954,221
$2,190,684
$3,144,905
More about this property
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