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1515 Herbert St - 1,385 SF NNN Office Condo For Sale 1,385 SF Office Condo Unit Offered at $340,000 in Port Orange, FL 32129
Investment Highlights
- 1,385 SF NNN Office Condo For Sale
- 7.13% Cap Rate
- High visibility with easy access
- Leased through 2028
- Low-maintenance ownership
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 6308-30-02-2080 |
| Cap Rate | 7.13% |
| Sale Type | Investment |
| Cap Rate | 7.13% |
| APN/Parcel ID | 6308-30-02-2080 |
Description
1,385 SF Office Condos For Sale in West End Village.
Tenant in place since 2025, with lease running through December 31, 2028.
$24,251.35 Annual Base Rent with a 7.13% Cap Rate.
Condo Association handles all building and grounds maintenance for low-effort ownership.
Florida Vernacular architecture with a metal roof adds charm and durability.
Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.
Easy access and plenty of parking available.
Ideal for medical or professional office use.
A strong addition to your investment portfolio!
LOCATION DESCRIPTION
Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.
Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.
Tenant in place since 2025, with lease running through December 31, 2028.
$24,251.35 Annual Base Rent with a 7.13% Cap Rate.
Condo Association handles all building and grounds maintenance for low-effort ownership.
Florida Vernacular architecture with a metal roof adds charm and durability.
Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.
Easy access and plenty of parking available.
Ideal for medical or professional office use.
A strong addition to your investment portfolio!
LOCATION DESCRIPTION
Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.
Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.
Sale Notes
1,385 SF Office Condos For Sale in West End Village.
Tenant in place since 2025, with lease running through December 31, 2028.
$24,251.35 Annual Base Rent with a 7.13% Cap Rate.
Condo Association handles all building and grounds maintenance for low-effort ownership.
Florida Vernacular architecture with a metal roof adds charm and durability.
Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.
Easy access and plenty of parking available.
Ideal for medical or professional office use.
A strong addition to your investment portfolio!
LOCATION DESCRIPTION
Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.
Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.
Tenant in place since 2025, with lease running through December 31, 2028.
$24,251.35 Annual Base Rent with a 7.13% Cap Rate.
Condo Association handles all building and grounds maintenance for low-effort ownership.
Florida Vernacular architecture with a metal roof adds charm and durability.
Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.
Easy access and plenty of parking available.
Ideal for medical or professional office use.
A strong addition to your investment portfolio!
LOCATION DESCRIPTION
Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.
Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 208 | 1,385 SF | Office | $340,000 ($245.49/SF) | $24,251.35 |
Unit 208
| Unit Size |
| 1,385 SF |
| Condo Use |
| Office |
| Price |
| $340,000 ($245.49/SF) |
| NOI |
| $24,251.35 |
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Unit 208
| Unit Size | 1,385 SF |
| Condo Use | Office |
| Price | $340,000 ($245.49/SF) |
| NOI | $24,251.35 |
| Sale Type | Investment |
| Cap Rate | 7.13% |
| APN/Parcel ID | 6308-30-02-2080 |
| Description | |
| 1,385 SF Office Condos For Sale in West End Village.<br> Tenant in place since 2025, with lease running through December 31, 2028.<br> $24,251.35 Annual Base Rent with a 7.13% Cap Rate.<br> Condo Association handles all building and grounds maintenance for low-effort ownership.<br> Florida Vernacular architecture with a metal roof adds charm and durability.<br> Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.<br> Easy access and plenty of parking available.<br> Ideal for medical or professional office use.<br> A strong addition to your investment portfolio!<br> <br> LOCATION DESCRIPTION<br> Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.<br> Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.</li></ul> | |
| Sale Notes | |
| 1,385 SF Office Condos For Sale in West End Village.<br> Tenant in place since 2025, with lease running through December 31, 2028.<br> $24,251.35 Annual Base Rent with a 7.13% Cap Rate.<br> Condo Association handles all building and grounds maintenance for low-effort ownership.<br> Florida Vernacular architecture with a metal roof adds charm and durability.<br> Excellent exposure and visibility with access from Clyde Morris Boulevard and Herbert Street.<br> Easy access and plenty of parking available.<br> Ideal for medical or professional office use.<br> A strong addition to your investment portfolio!<br> <br> LOCATION DESCRIPTION<br> Located just east of Clyde Morris Boulevard and north of Dunlawton Avenue on Herbert Street in West End Village.<br> Approximately 1.8 miles to International Speedway Boulevard, 1.1 miles to Dunlawton Avenue, 3.3 miles to Beville Road, and 4.9 miles to Interstate 4.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,507 SF | Typical Floor Size | 10,507 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Property Subtype | Medical | Lot Size | 3.65 AC |
| Building Class | B | Parking Ratio | 4.85/1,000 SF |
| Floors | 1 | ||
| Zoning | PCD | ||
| Total Building Size | 10,507 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 10,507 SF |
| Year Built | 2005 |
| Lot Size | 3.65 AC |
| Parking Ratio | 4.85/1,000 SF |
| Zoning | PCD |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
NNN Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Reef Medical LLC |
1,385 SF
|
November 2028
|
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Photos
Street View
Street
Map
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1515 Herbert St - 1,385 SF NNN Office Condo For Sale
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