Homes for sale - 1211 STATE ROAD 436, Casselberry, FL 32707

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Morgan Gibbs

morgan.gibbs@lptrealty.com +1(813) 904-4916

$ 11,750,000

Est. payment | -/mo

83,520 SqFt

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$ 11,750,000

Est. payment | -/mo

Save Virtual Tour

83,520 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Pending

Purchase Type For Sale

Square Footage 83,520 sqft

Price per Sqft $140

Subdivision Interlachen Corporate Center

MLS Listing ID O6207211

HOA Y/N No

Originating Board Stellar MLS

Year Built 1986

Annual Tax Amount $80,611

Lot Size 8.060 Acres

Acres 8.06

Property Sub-Type Office

Property Description

Under contract-accepting backup offers. Welcome to Casselberry Corporate Center, conveniently located next to Maitland, Winter Park, and Lake Howell. This Class A office center offers an impressive 83,520 SF of total building space, with 80,035 SF of leasable square footage and is situated on a sprawling 351,106 SF, 8.06 acre lot. This property is strategically situated just off SR 436, offering excellent visibility with an impressive traffic count of 54,000 vehicles per day. The subject property has undergone over $1 million in significant recent upgrades, including upgraded LED lighting and flooring in nearly all units, a remodeled lobby and common areas, new HVAC, new lot paving, upgraded bathrooms, a new tenant directory, LED lights in the parking lot, all new irrigation plus landscaping and much more. The property is turn-key ready and move-in ready to operate. This 8.06 acre office site features a picturesque, park-like setting adorned with mature trees, an inviting outdoor seating area, and convenient proximity to convenience stores and restaurants, as well as direct access to Orlando International Airport via Semoran Blvd. This meticulously upgraded office space offers a prime investment opportunity in a thriving location. This corporate office center is priced to sell at $143 per square foot. This building is perfect for an owner-user corporate headquarters or an investor. Strong tenant mix with space available. Projected cap rate is 9.5% once fully leased. As of 01/01/2025, An owner can promptly occupy the entire 3rd floor, which spans 29,732 sq ft, along with additional spaces on the first and second floors, totaling 45,312 sq ft. Located in a prime area close to Winter Park and Maitland, two highly regarded sub-markets in the Orlando region, this opportunity represents an exceptional deal. Schedule your showing today!

Location

State FL

County Seminole

Community Interlachen Corporate Center

Area 32707 - Casselberry

Zoning PMX-L

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Ground Level, Lighted, Over 30 Spaces

Building

Story 3

Entry Level Three Or More

Foundation Slab

Lot Size Range 5 to less than 10

Structure Type Other

New Construction false

Others

Ownership Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6207211

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+1(813) 904-4916

morgan.gibbs@lptrealty.com

12000 N Dale Mabry Hwy Suite 112, Tampa, FL, 33618, USA

1211 STATE ROAD 436 Casselberry, FL 32707