1211 State Road 436, Casselberry, FL, 32707 | $11,950,000

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!

Features

  • Property Type: Office
  • Construction: Other
  • Garage: Ground Level, Lighted, Over 30 Spaces
  • Levels: 3
  • Heating: Central
  • Cooling: Central Air
  • Year Built: 1986
  • Acreage: 8.06
  • Est. Taxes: $80,611
  • MLS#: O6207211
  • Days on Market: 231 days
  • Website: https://www.raveis.com
    /prop/O6207211/1211stateroad436_casselberry_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/11/2025 7:47:07 PM)
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1211 State Road 436, Casselberry, FL, 32707

$11,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $9,560,000 $9,560,000 $9,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.286% 6.874% 6.972%
Monthly Tax Payment $6,718 $6,718 $6,718
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $63,603 $62,006 $84,597
Total Monthly Payment $70,446 $68,849 $91,440

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.