Sand Lake Professional Building 890 N State Road 434 14,668 SF 65% Leased Office Building Altamonte Springs, FL 32714 $3,450,000 ($235.21/SF) 6.62% Cap Rate

890 N State Road 434 | Altamonte Springs, FL
±14,924 SF Office Building on ±1.2 Acres | Owner-User Opportunity
Zoning discussions with the City indicate potential for retail use, expanding the range of viable end-users to include professional services, medical users, and service-oriented businesses.
890 N State Road 434 presents a rare opportunity to acquire a well-located, recently upgraded commercial office building along one of Altamonte Springs’ primary corridors. Situated on approximately 1.2 acres, this ±14,924 square foot, two-story property offers exceptional flexibility for both owner-users and investors.
The building is ideally suited for an owner-user seeking to occupy all or a portion of the space while benefiting from immediate in-place income. An existing tenant currently occupies approximately 50%–65% of the building, providing a stable revenue stream and reducing carrying costs from day one.
Designed for functionality and professionalism, the property features flexible office layouts, multiple conference rooms, open common areas, and dedicated break rooms. Additional highlights include elevator service, secure card-gated entry, and executive second-floor corner offices with private bathrooms—ideal for leadership or premium client-facing use.
Recent capital improvements significantly enhance the asset’s value and longevity, including fully remodeled interior spaces, a new roof membrane with warranty, and new rooftop HVAC units.
Positioned with strong frontage and visibility along State Road 434, the property benefits from high daily traffic counts and excellent accessibility to SR 436 and Interstate 4. Located within one of the Orlando MSA’s most established and dynamic office and retail submarkets, the asset is further supported by the planned Altamonte Town Center redevelopment, which is expected to drive continued growth and demand in the immediate area.

Key Highlights:
±14,924 SF two-story office building on ±1.2 acres
Owner-user opportunity with existing income in place
Tenant occupies approximately 50%–65% of building
Recent upgrades: remodeled interiors, new roof (warranty), new HVAC
Elevator service and secure card-gated access
Executive offices with private baths
Strong visibility and high traffic corridor
Easy access to SR 436 and I-4
Potential retail conversion (per city discussions)
Located near planned Altamonte Town Center redevelopment