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Property profile & analytics
FOR SALE
Office buildings

523 Wekiva Commons Cir 4 Apopka, FL 32712

Built 2004
Property ID
US18-Q025075
Property summary
AI-generated overview

PRICE REDUCED TURNKEY OFFICE BUILDING FLEXIBLE LEASE PURCHASE OR LEASE FOR 3,000 A MONTH This is a 1540 sq.ft office building located in Wekiva Commons Office Park in Apopka, Florida. It was completed at the end of 2004. A full remodel was completed on the interior of the building in 2018 that included new floors, upgraded kitchen, and fresh paint throughout. Since then both HVAC units have been replaced. The roof was replaced in 2025. There is no deferred maintenance. Owner occupies the full building although it can be treated as a two-unit facility with unit A having 930 sq. ft. and unit B having 610 sq. ft. They both share one bathroom. The building is currently set up with 4 offices, 1 conference room, 1 lobby/reception area, 1 bathroom, and 1 storage room. It is possible to redesign the interior for more offices. This is a great property for owner occupancy. It is also a promising investment property as around half of the buildings in the small 7 building office part are rented. Wekiva Commons is a small condominium association that maintains all common areas such as the parking lots and trees. Water and sewer are included in the condo fee. The current condo fee for this building is $363.66 a month. Building is being offered with most furnishings remaining in place. bikeScore: 83, Very Bikeable walkScore: 68, Somewhat Walkable transitScore: 37, Some Transit

Property profile
Verified
Property type Office buildings
Year built 2004
UPID US18-Q025075
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
  • Smothers Law Firm, P.A. Law Firm
  • Kimberly Golden Foster Care Service Social Service Agency
  • Angelle Larks Foster Care Service Social Service Agency
  • Saisha Leshoure Foster Care Service Social Service Agency
  • Second Chances Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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