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Medical Condo For Sale-2304 SF Altamonte Spgs

631 Palm Springs Drive 108 & 109, Altamonte Springs, Florida 32701
Sold: $485,000
Medical Condo For Sale-2304 SF Altamonte Spgs

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
2,304 sqft
Land Size
2 acres
Sewer
City of Altamonte Springs
Water
City of Altamonte Springs
Zoning
MOR-1 Altamonte Springs
Electric
Duke Energy
Year Built
1983
Roof
Architecture Shingles
Parking
5.46 per 1000 SF
Construction
Wood Frame/Brick

Property Description

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.

Location