1211 Florida 436 Other City - In The State Of Florida, FL 32707

$12,950,000
8.29
Acres
$12,950,000
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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. An owner can occupy up to 44,181 SF. This is also a prime investment opportunity with an 77.21% current occupancy, generating $1,245,809 per year for a net annual income of $759,910.80. The actual NOI yields a 5.87% capitalization rate at the full asking price. There is also a potential 9% pro-forma capitalization rate when fully leased.

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. An owner can occupy up to 44,181 SF. This is also a prime investment opportunity with an 77.21% current occupancy, generating $1,245,809 per year for a net annual income of $759,910.80. The actual NOI yields a 5.87% capitalization rate at the full asking price. There is also a potential 9% pro-forma capitalization rate when fully leased.

  • Neighborhood
  • Type
  • County
    Seminole County
  • Status
    Active
  • Listing #
    A11516213
  • Lot Size
    8.29
  • Listed on site
    285 days
  • Listing Agent Id
    3134747
  • Listing Agent Phone
    954-453-1000

Listed by:
RE/MAX 5 Star Realty

Source:
MIAMI MLS

Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
Oct 23, 20247 days agoPrice decreased550,000 (4%)$12,950,000
Oct 16, 202414 days agoPrice decreased350,000 (3%)$13,500,000
Jun 18, 20244 mos agoPrice decreased100,000 (1%)$13,850,000
May 10, 20246 mos agoPrice decreased550,000 (4%)$13,950,000
Jan 18, 202410 mos agoNew on market$14,500,000
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