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Property profile & analytics
OFF-MARKET
Office Spaces
3216 Lk Mary Blvd Lake Mary, FL 32746-3491
Entity Owned
~
Est. High Equity
Property ID
US18-9485371
Property summary
AI-generated overview
This exceptional Class A office condo, located at 3216 West Lake Mary Blvd in Lake Mary, Florida (32746), presents a unique owner-user or investment opportunity. Boasting 3,936 square feet, this single-story building features a highly efficient interior layout suitable for general office or medical uses. The property includes eight dedicated parking spaces, a significant advantage in this desirable location. Situated within the Legacy Village Office Park, the condo benefits from excellent visibility and signage opportunities on Lake Mary Boulevard, which boasts an impressive 23,500 AADT. Its prime location is just west of Longwood Lake Mary Road and directly across from the new Griffin Farm mixed-use complex, ensuring high traffic and exposure. Recent improvements include a new roof installed in 2023. The asking price is $1,149,000, translating to $291.92 per square foot. Furniture is available for inclusion in the sale. This multi-tenant building offers a strong return on investment and is an ideal choice for businesses seeking a prestigious and convenient location.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Construction
CONCRETE BLOCKS
Total area
1,026 SF
Lot
0.02 ac (1,026 SF)
APN
08-20-30-512-0600-00A0
UPID
US18-9485371
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
-
Fountainhead Commercial Capital Bank Credit Union
-
LakeMary PC Support Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Florida Retirement Realty Group LLC
Florida Retirement Realty Group LLC
since 2025
Last sale
$999,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Mary submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Mary submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,138
Tax year 2023
Assessed value
$846,240
Assessed 2023
Previous assessed
$728,160
+16.2% YoY
Effective rate
1.32%
On assessed value
Improvement market value
$846,240
Total market value
$846,240
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
1,026 SF
Lot
0.02 ac (1,026 SF)
APN
08-20-30-512-0600-00A0
UPID
US18-9485371
Jurisdiction
SEMINOLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Florida Retirement Realty Group LLC
Entity
Mailing address
3216 W LK MARY BLVD, LAKE MARY, FL 32746-3491
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2025
$999,000
Florida Retirement Realty Group LLC
3216 West Lake Mary Blvd LLC
Special Warranty Deed
$747,000 · Wells Fargo Bank NA
Jan 4, 2018
$780,000
3216 West Lake Mary Blvd LLC
Computech City LLC
Trustees Deed
$1,248,000 · Fidelity Bk/fl
Sep 13, 2010
$475,000
Computech City LLC
Citizens Bk Of Fl
Grant Deed
—
Oct 6, 2005
$420,600
Legacy Real Property Holdings LLC
Legacy Village Office Park LLC
Warranty Deed
$800,000 · The Citizens Bank Of Oviedo
—
—
Computech City LLC
—
Deed Of Trust
related
$525,912 · Regions Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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