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Medical Condo For Sale-2304 SF Altamonte Spgs

  SOLD March 2022 for $485,000

631 Palm Springs Drive 108 & 109, Altamonte Springs, Florida 32701


Building Size2,304 Square Feet
Land Size2 Acres
ZoningMOR-1 Altamonte Springs
Parking5.46 per 1000 SF
WaterCity of Altamonte Springs
SewerCity of Altamonte Springs
ElectricDuke Energy
Year Built1983
ConstructionWood Frame/Brick
RoofArchitecture Shingles

This 2304 SF medical condo space is located in the Palm Springs Square Development, just north of the Altamonte Mall, at 631 Palm Springs Drive, Suite's 108 & 109, Altamonte Springs, FL 32701. The property fronts on Palm Springs Drive and is accessible from either E. Orange St. or E. Citrus St. The complex consist of 4 buildings with seventeen 1152 SF units (24' x 48' each) totaling 19,854 SF +/-. MOR-1 zoning permits office or medical use. Approximately 60% of the complex is occupied by medical users. Each unit is separately metered plus the complex has five (5) plus parking spaces per 1000 SF (107 spaces). The parking lot was repaved & restriped in 2020. The units For Sale are located on the southside of the complex and are only accessible from the open courtyard in the center of the development. This 2304 SF space (48' x 48') is in walk-in condition and consist of a large lobby (14 chairs), receptionist window, separate receptionist area, 4 or 5 exam rooms, therapy area, two offices, breakroom, billing area, storage area plus two restrooms. Unit remodeled in 2006. See attached site plan and floor plan. Two electric meters and 2 HVAC units. Real Esate Taxes $1.98 per SF for 2021 and condo dues are $1.82 per SF for 2021. 2022 Condo dues will increase by $100.00 per month to $275.00 per month or $2.86 per SF per year. Association self managed.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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