Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1700 Monroe Ave Maitland, FL 32751-6672

    • Assisted living facilities
    • 52,311 SF
    • 5.87 lot acres
    OFF-MARKET
    Last Sale
    Apr 07, 2022
    $17,854,820
    Value Estimations
    $17,775,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4162520
    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

    • Bedrock Rehabilitation & Nursing Center at Winter Park / Rehabilitation Center / Nursing Home
    • SERGIO L MENENDEZ-APONTE / Physician
    • Sailendra Patel / Nursing Home

    Property Details for 1700 Monroe Ave

    Year built
    1983
    Lot size
    5.87 lot acres
    Property size
    52,311 SF
    Zone code
    PQP
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    01-22-29-0000-00-023
    APU
    12229000000023

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $17,620,000
      ML approach
      $11,795,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $12,885,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Maitland
    County
    Orange
    State
    Florida
    Longitude
    -81.3707
    Latitude
    28.611
    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
    $154,448
    $6,344,661
    $3,258,393
    $9,603,054
    -
    $6,344,661
    $3,258,393
    $9,603,054

    Comparable in this City

    • Value Estimation by Request
      2,829 SF

      1340 Oxford Rd

      HOMES (RETIRED, NURSING) • 2,829 SF
      1340 Oxford Rd, Maitland, FL 32751-3573
      View Details
    • Value Estimation
      $2,280,000
      42,750 SF

      701 Maitland Ave

      HOMES (RETIRED, NURSING) • 42,750 SF
      701 Maitland Ave, Maitland, FL 32751-4408
      View Details
    • Value Estimation
      $7,990,000
      122,062 SF

      901 Vis Trelago Way

      HOMES (RETIRED, NURSING) • 122,062 SF
      901 Vis Trelago Way, Maitland, FL 32751-6100
      View Details
    • Value Estimation
      $8,925,000
      46,494 SF

      740 Wymore Rd

      HOMES (RETIRED, NURSING) • 46,494 SF
      740 Wymore Rd, Maitland, FL 32751-4237
      View Details
    • Value Estimation by Request
      79,855 SF

      1301 Maitland Blvd

      HOMES (RETIRED, NURSING) • 79,855 SF
      1301 Maitland Blvd, Maitland, FL 32751-4338
      View Details
    • Value Estimation by Request
      400 SF

      331 Maitland Ave Ste D4

      MEDICAL BUILDING • 400 SF
      331 Maitland Ave Ste D4, Maitland, FL 32751-4755
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,178 SF

      Maitland Medical Office Brownstones

      Class A medical office space, prime location.
      700 Concourse Pkwy, Maitland, FL 32751
      View Details
    • $385,000
      1,431 SF

      Maitland Office Space For Sale

      First floor office unit near Florida Hospital Altamonte.
      331 North Maitland Ave, Maitland, FL 32751
      View Details
    • $699,900

      Maitland Duplex Near Sunrail Station

      Duplex in Maitland near Sunrail, great investment opportunity.
      933 Robinhood Ct, Maitland, FL 32751
      View Details
    • $699,000
      0.46 Acres

      Lakefront Lot Ready to Build

      Oversized lakefront lot on 82-acre Lake Sybella in Maitland.
      800 Thompson Ave, Maitland, FL 32751
      View Details
    • $419,900

      Eatonville Duplex: Investment Opportunity

      Duplex in historic Eatonville with recent upgrades and strong rental income.
      385 Lime St, Maitland, FL 32751
      View Details
    • $299,000
      1,149 SF

      Maitland Office Space - Short Sale

      Ground floor office, customizable shell space. Prime Maitland location, ample parking.
      668 Orlando Ave, Maitland, FL 32751
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,071 SF

      Maitland Retail Space For Lease

      Prime Medical Office Space Available
      1351 Orlando Ave, Maitland, FL 32751
      View Details
    • $23 SF/Yr
      15,736 SF

      Maitland Office Suites Available

      Prime Maitland Office Space, Flexible Sizes
      2600 Maitland Center Pkwy, Maitland, FL 32751
      View Details
    • Contact for pricing
      2,247 SF

      Maitland Retail/Office/Medical Space Available

      Professional retail, office, or medical space in Maitland, Florida.
      903 Lake Lily Dr, Maitland, FL 32751
      View Details
    • $9 SF/Yr
      6,249 SF

      Maitland Office Space Available

      Flexible Offices in Prime Location
      850 Concourse Pkwy, Maitland, FL 32751
      View Details
    • $16 SF/Yr
      40,389 SF

      Maitland School Space For Lease

      Maitland school space for lease, ideal for private or charter.
      613 Concourse Pkwy South, Maitland, FL 32751
      View Details
    • Contact for pricing
      160,217 SF

      Maitland Office Space For Lease

      Efficient office space with on-site cafe near I-4.
      101 Southhall Ln, Maitland, FL 32751
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1700 Monroe Ave
    Maitland, FL 32751-6672
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.