407 Lk Howell Rd Maitland, FL 32751-5908
Property profile & analytics
407 Lk Howell Rd Maitland, FL 32751-5908
- Investment properties
- 1,240 SF
- 0.67 lot acres
Property ID
US18-2594199
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.
Location Intelligence
Current Use by Public Records
- 365 Tax Solutions / Financial Audit / Payroll Service
- Legacy Tax Financial Services / Tax Collector'S Office
- V 3 Inc / (Bike/Boat/Book/etc) Store / Corporate Office
- Alston Andre Inc. / Hair Salon / Nail Salon
- CPR Training Fast. LLC / Vocational School / Training Center
Property Details for 407 Lk Howell Rd
- Year built
- 1959
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.67 lot acres
- Property size
- 1,240 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 28-21-30-300-0270-0000
- APU
- 28213030002700000
Description
This exceptional 6,117 square foot medical office building, located at 407 Lake Howell Rd, Maitland, FL 32751, presents a compelling investment opportunity. Currently operating at 100% occupancy with 24 tenants on month-to-month leases, this property boasts a strong, consistent cash flow, reflected in its $85,932 Net Operating Income (NOI) and 5.37% cap rate. The asking price is $1,600,000, translating to $261.57 per square foot. Built in 1959 with extensive renovations completed in 2016, the single-story building features three lobbies, five bathrooms, a conference room, and a kitchen. The property sits on a 29,200 square foot lot and includes ample parking, both front and rear, with approximately 29 designated spaces. The building is zoned OR and is situated in a prime location, just two blocks from Highway 436 and one block from Winter Park, surrounded by other medical facilities, making it easily adaptable for various medical uses. The property's excellent condition, high occupancy rate, and strong cash flow make it an ideal owner-user or investment property. The seller will provide the last twelve months of utility bills and sales tax reports to verify gross rents. A clear title search is available upon request. The building's location is highly desirable and easily accessible from major roadways.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $705,000
- AI Estimate
- $393,000
Market price range: $157k - $705kMarket price range: $204k - $394k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $575,000
- OFFICE BUILDING
- $340,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Maitland
- County
- Seminole
- State
- Florida
- Longitude
- -81.3237
- Latitude
- 28.6267
- 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
$11,862
$0.00
$0.00
$703,181
-
$283,240
$419,941
$703,181
