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1/23
1211 State Road 436, Casselberry, FL 32707
$13,950,000
1211 State Road 436, Casselberry, FL 32707View this property at 1211 State Road 436, Casselberry, FL 32707
1211 State Road 436CasselberryFL32707
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Property Description
Welcome to Casselberry Corporate Center. 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 361,112 SF, 8.32-acre lot. This property is strategically located near Winter Park and Maitland, esteemed sub-markets in the Orlando regional area. 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 8.29-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 $167.03 per square foot. This building is perfect for an owner-user corporate headquarters or an investor. Strong tenant mix. 6.8% actual cap rate with 86% occupancy. Projected cap rate is 8.8% once fully leased. An opportunity for an owner user to take up to 45k SF.
Full Property Details
Full Property Details for 1211 State Road 436
General
- Price: $13,950,000
- Taxes: $80,611 (2023)
- Status: Active
- Type: Office
- MLS ID: O6207211
- Updated: 5/30/2024
- Added to Site: 24 day(s) ago
Parking
- Parking Features: Ground Level, Lighted, Over 30 Spaces
Location
- Area: 32707 - Casselberry
- County: Seminole
- Development Name: 32707 - Casselberry
- Subdivision: INTERLACHEN CORPORATE CENTER
- Driving Directions: Go Past Lake Howell, Heading North on SR 436, Turn left into Casselberry Corporate Center at destination: 1211 SR 436 Casselberry, FL 32707
Community
- Community Name: 32707 - Casselberry
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- # Buildings: 1
- Exterior Const.: Other
- Stories/Levels: Three Or More
- Year Built: 1986
Lot Features
- Lot Size (Acres): 8.29
- Lot Size (Sq. Ft.): 361,112
- Lot Size: 8.29
- Frontage: State Road
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $80,611
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1%
- Ownership: Other
- Special Conditions: None
- Legal Description: LOT 1 INTERLACHEN CORPORATE CENTER PB 66 PG 78
- Flood Zone Info: X
- APN: 28213053400000010
- Property ID: 28213053400000010
Listed by Re/Max Assured
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Schools
Schools serving 1211 State Road 436
School District:Seminole County School District
Rating | Name | Grades | Distance |
---|---|---|---|
299 Oxford Rd, Fern Park, FL 32730 | PK-5 | 1.3 mi | |
101 S Winter Park Dr, Casselberry, FL 32707 | 6-8 | 1.6 mi | |
4200 Dike Rd, Winter Park, FL 32792 | 9-12 | 3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1211 State Road 436
Date
Details
Price
Change
Source
5/22/2024
Listed
$13,950,000
74.38%
MLS
1/09/2024
Sold
$8,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1211 State Road 436
Year
Property Taxes
Change
Tax Assessment
Change
2023
$80,611
18%
$4,914,341
23%
2021
$68,468
-5%
$3,990,992
-5%
2022
$71,740
5%
$4,201,001
6%
2021
$68,468
—
$3,978,661
—
2019
$68,750
-1%
$3,970,483
—
2018
$69,303
-12%
$3,958,279
-11%
2017
$79,040
—
$4,434,945
3%
2016
$79,384
2%
$4,314,966
4%
2015
$77,881
—
$4,162,222
—
2014
$77,769
-2%
$4,142,212
—
2013
$79,657
—
$4,128,027
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1211 State Road 436
1211 State Road 436, Casselberry, FL 32707 (MLS# O6207211) is a Office property. 1211 State Road 436 is currently listed for $13,950,000 and was received on May 22, 2024. Want to learn more about 1211 State Road 436? Do you have questions about finding other Office real estate for sale in Casselberry? You can browse all Casselberry real estate or contact a Coldwell Banker agent to request more information.