890 N State Road 434 - Medical FOR SALE


Altamonte Springs, FL 32714- Wekiva
$3,450,000 USD
407-492-0674
890 N State Road 434, Altamonte Springs, FL for Sale
$3,450,000 USD
Medical - FOR SALE
1/35
null | 6.62% Cap Rate

890 N State Road 434
Altamonte Springs, FL 32714
Wekiva


HIGHLIGHTS

  • ±14,924 SF recently upgraded commercial office building on ±1.2 acres
  • Remodeled interiors throughout both floors. Second floor features executive corner offices with private bathrooms.
  • Convenient access to SR 436 and Interstate 4. Located within one of Orlando’s strongest regional office and retail markets
  • New roof membrane with warranty New rooftop HVAC units
  • Strong owner-user opportunity with ability to occupy the entire building or a portion while retaining a existing tenant occupying approximately 50-65%

OVERVIEW

890 N State Road 434 | Altamonte Springs, FL ±14,924 SF Office Building on ±1.2 Acres | Owner-User Opportunity Zoning discussions with the City indicate potential for retail use, expanding the range of viable end-users to include professional services, medical users, and service-oriented businesses. 890 N State Road 434 presents a rare opportunity to acquire a well-located, recently upgraded commercial office building along one of Altamonte Springs’ primary corridors. Situated on approximately 1.2 acres, this ±14,924 square foot, two-story property offers exceptional flexibility for both owner-users and investors. The building is ideally suited for an owner-user seeking to occupy all or a portion of the space while benefiting from immediate in-place income. An existing tenant currently occupies approximately 50%–65% of the building, providing a stable revenue stream and reducing carrying costs from day one. Designed for functionality and professionalism, the property features flexible office layouts, multiple conference rooms, open common areas, and dedicated break rooms. Additional highlights include elevator service, secure card-gated entry, and executive second-floor corner offices with private bathrooms—ideal for leadership or premium client-facing use. Recent capital improvements significantly enhance the asset’s value and longevity, including fully remodeled interior spaces, a new roof membrane with warranty, and new rooftop HVAC units. Positioned with strong frontage and visibility along State Road 434, the property benefits from high daily traffic counts and excellent accessibility to SR 436 and Interstate 4. Located within one of the Orlando MSA’s most established and dynamic office and retail submarkets, the asset is further supported by the planned Altamonte Town Center redevelopment, which is expected to drive continued growth and demand in the immediate area. Key Highlights: ±14,924 SF two-story office building on ±1.2 acres Owner-user opportunity with existing income in place Tenant occupies approximately 50%–65% of building Recent upgrades: remodeled interiors, new roof (warranty), new HVAC Elevator service and secure card-gated access Executive offices with private baths Strong visibility and high traffic corridor Easy access to SR 436 and I-4 Potential retail conversion (per city discussions) Located near planned Altamonte Town Center redevelopment

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

6.62%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sand Lake Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

CG

APN/PARCEL ID

09-21-29-300-020B-0000

ASK ABOUT THIS PROPERTY

Ryan RogersREAL BROKER, LLCMore Info
407-492-0674

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Ryan RogersREAL BROKER, LLCMore Info
407-492-0674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.