For Sale
$2,950,000

225 State Road 434Longwood, FL 32750

Prime Medical Office, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional two-story medical office building, totaling 15,915 square feet, is situated on a 1.22-acre lot at 225 W State Rd 434 in Longwood, Florida, zip code 32750. Built in 2000 and renovated in 2014, the property is currently multi-tenant, with two occupants occupying 24% of the space. The asking price is $2,950,000, translating to $185.36 per square foot. The building offers a NNN lease structure, providing a stable investment opportunity. Its strategic location offers high visibility with 41,500 average daily cars passing on State Road 434, providing excellent access to Interstate 4 and major transportation networks. The property benefits from its proximity to a future town center development, a planned upscale development including multi-family residences, retail, restaurants, and office spaces, projected to significantly increase population density and demand for services in the area. Furthermore, its adjacency to Longwood's historic district and the Sun Rail station adds to its appeal. The surrounding Longwood market boasts a robust population of 703,183 within a ten-mile radius, a median household income of $92,394 (with a compound annual growth rate of 6.1%), and a high insurance coverage rate of 88%. This presents a compelling investment opportunity for those seeking to capitalize on the growth and development within the Longwood submarket. The property's current tenants include SimonMed Imaging (2,886 SF) and Empower Tattoo (945 SF).

Highlights

  • $2,950,000 asking price for a 15,915 SF medical office building.
  • Located at 225 W State Rd 434, Longwood, FL 32750.
  • Two-story building, built in 2000 and renovated in 2014, situated on a 1.22-acre lot.
  • Currently 24% leased to two tenants.
  • NNN lease type.

Property Details for 225 State Road 434

Property type
Office properties, Medical offices
Square Feet
15,915 SF
Year Built/Renovated
2000/2014
Buildings
1
Stories
2
Lot Size (sq. ft)
53,143 SF

Location Insight

City
Longwood
County
Seminole
State
Florida
Latitude
28.6983449
Longitude
-81.3497815
225 State Road 434, Longwood, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
225 State Road 434
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message