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    Property profile & analytics

    644 Raymond Ave Altamonte Springs, FL 32701-7605

    • Hotels
    • 60,432 SF
    • 3.19 lot acres
    OFF-MARKET
    Value Estimation
    $8,470,000
    Last Sale
    May 28, 2021
    $7,999,900
    Location Intelligence
    Property ID
    US18-0965740
    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

    • Hawthorn Suites by Wyndham Orlando Altamonte Springs / Extended Stay Hotel / Hotel
    • MainStay Suites Orlando Altamonte Springs / Extended Stay Hotel / Hotel
    • Whole Foods / Restaurant

    Property Details for 644 Raymond Ave

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    3.19 lot acres
    Property size
    60,432 SF
    Property type
    Hotels
    APN
    11-21-29-534-0000-0010
    APU
    11212953400000010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,895,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,660,000
      6.5%
      $8,705,000
      7%
      $7,430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,075,000
      Geo Method
      $8,245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,615,000
      Retail
      $7,500,000
      Mixed-Use
      $7,110,000
      Hospitality
      $8,270,000
      Educational
      $7,180,000
      Residential Income
      $6,660,000
      Energy
      $8,325,000
      Income-Based Land
      $6,720,000
      Food Service
      $7,310,000

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.3872
    Latitude
    28.6732
    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
    $91,417
    $0.00
    $0.00
    $6,311,114
    -
    $1,706,477
    $4,604,637
    $6,311,114

    Comparable in this City

    • Value Estimation by Request
      238,259 SF

      350 Northlake Blvd

      HOTEL • 238,259 SF
      350 Northlake Blvd, Altamonte Springs, FL 32701-5223
      View Details
    • Value Estimation by Request
      231,755 SF

      225 Shorecrest Dr

      HOTEL • 231,755 SF
      225 Shorecrest Dr, Altamonte Springs, FL 32701-4348
      View Details
    • Value Estimation by Request
      63,483 SF

      302 Northlake Blvd

      HOTEL • 63,483 SF
      302 Northlake Blvd, Altamonte Springs, FL 32701-5278
      View Details
    • Value Estimation by Request
      3,224 SF

      780 Altamonte Dr

      Restaurants • 3,224 SF
      780 Altamonte Dr, Altamonte Springs, FL 32701
      View Details
    • Value Estimation by Request

      220 Central Pkwy

      Medical offices
      220 Central Pkwy, Altamonte Springs, FL 32701
      View Details
    • Value Estimation by Request
      0.38 Acres

      Altamonte Dr

      VACANT COMMERCIAL LAND • 0.38 Acres
      Altamonte Dr, Altamonte Springs, FL 32701
      View Details

    Similar Nearby for Sale

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      High-yield, 15-year NNN lease, prime location
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    Similar Nearby for Lease

    • Contact for pricing
      105,883 SF

      Altamonte Springs Retail Center

      Prime Retail Space Available, High Traffic
      1140 Altamonte Dr, Altamonte Springs, FL 32701
      View Details
    • $20 SF/Yr
      13,113 SF

      Altamonte Springs Office Suites

      Lakefront Office Space, Prime Location
      307 Cranes Roost Blvd, Altamonte Springs, FL 32701
      View Details
    • Contact for pricing
      5,000 SF

      Retail, Fitness, Medical Space

      Boutique retail, fitness, and medical space in Altamonte Springs.
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      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Altamonte Springs

      Neighborhood shopping center near Altamonte Mall and Florida Hospital.
      515 E Altamonte Dr, Altamonte Springs, FL 32701
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    • $16 SF/Yr
      2,512 SF

      Renovated Medical Office Suites Available

      Fully renovated medical office suites available for lease.
      106 Boston Ave, Altamonte Springs, FL 32701
      View Details
    • $15 SF/Yr
      8,055 SF

      Altamonte Springs Office/Warehouse Space

      Office/warehouse space available in Altamonte Springs with on-site management.
      762 Northlake Blvd, Altamonte Springs, FL 32701
      View Details

    Property Visit Statistics

    • Visits by month
      5.1k
    • Visitors by month
      1.1k
    • Avg Time on site
      744 min
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    644 Raymond Ave
    Altamonte Springs, FL 32701-7605
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    Realmo Value Estimation

    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.

    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.

    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
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