$11,200,000
FL 32707
MLS# A11516213
Status: Closed
83520 sqft
1 / 20
Property Description
This Class A corporate center boasts an impressive 83,520 SF of total space, including 80,035 SF of leasable area, strategically located near Winter Park in Orlando. The subject property underwent some renovations, featuring upgraded lighting and flooring. Up to 44,181 SF can be made available for an owner-user if needed, as owner occupied units can be available at closing. This is also a prime investment opportunity with an 83% current occupancy, generating $1,495,607 per year for a net annual income of $945,148. The actual NOI yields a 8.04% capitalization rate at the full asking price. There is also a potential 9.52% pro-forma capitalization rate when fully leased. An perfect opportunity for an owner-user or an investor! Lowest price per square foot building in this asset class!
Details
Contract Information
Comp Sale YN: No
Listing Date: 2024-01-17
Status: Closed
Original List Price: 14500000
Sold Price: $11,200,000
Current Price: $11,200,000
Location and Legal
County Or Parish: Seminole
County Parish Name: Seminole
Municipal Code: 28
Postal Code: 32707
Geographic Area: Other
Country: United States
Street Number: 1211
Street Name: Florida 436
State Or Province: FL
Area: 5940 - Other Florida County
General Property Information
Occupant Type: Tenant
Lot Size Area: 361112
Property Sub Type: Office
Building Area Main: 83520
Lot Size Acres: 8.29
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2025-05-16T08:44:07Z
Major Change Type: Status Change
Price Change Timestamp: 2025-01-22T00:02:23Z
Status Change Date: 2025-05-16
Under Contract Date: 2025-04-07
Close Date: 2025-05-16
Close Price: 11200000
Structure Type
Office: 1
Business Type
Medical: 1
Contingencies
None: 1
Buyer Details
Intended Use: Investment
Concessions
Seller Concessions: No
Originating Details
Originating System Key: 390692933
Originating System ID: M00000151
Property Features
Business Type: Medical
Structure Type: Office
Contingencies: None
Listing Office: RE/MAX 5 Star Realty
Last Updated: June - 01 - 2026
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