1159 Altamonte DrAltamonte Springs, FL 32701

Property Details for 1159 Altamonte Dr

Year built

2001

Construction

CONCRETE BLOCKS

Lot size

0.79 AC

Property size (Sq ft)

7,900 SF

Property type

Retail properties

Property subtype

Retail space

APN

18-21-30-528-0000-0010

APU

18213052800000010

Description

This Altamonte Springs, FL commercial property, located at 1159 E Altamonte Dr, 32701, offers 7,900 square feet of versatile office space across two single-story buildings. Built in 2001 and renovated in 2023, the property features 11 suites, ranging from 426 to 1,385 contiguous square feet, perfect for multiple tenants or a single large occupant. The property sits on 0.79 acres and boasts 33 parking spaces, providing ample convenience for employees and clients. Enjoy exceptional visibility with high daily traffic counts on Altamonte Drive, and benefit from convenient access to Interstate 4 (just over 2 miles away), Orlando Sanford Airport (13 miles), and Orlando International Airport (30-minute drive). The property's strategic location is directly across from high-traffic retail complexes and only 1.6 miles from Altamonte Mall. Utilities are provided by Duke Energy. The property is zoned Commercial MOC-2 and has a Property Appraiser Number (APN) of 18-21-30-528-0000-0010. Taxes are $1.93 per square foot. Monument signage is available. This is an exceptional opportunity for businesses seeking a high-visibility location with excellent accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,976,772

  6.5%

  $1,824,712

  7%

  $1,694,376

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,222,330

  Geo Method

  $2,222,330

• Alternative Use

  Use

  Valuation

  Residential

  $1,539,213

  Hospitality

  $1,409,911

  Educational

  $1,173,029

  Medical

  $1,213,372

  Retail

  $1,824,712

Location Insight

City

Altamonte Springs

County

Seminole

State

Florida

Latitude

28.6635

Longitude

-81.3522

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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