801 Douglas Ave

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801 Douglas Ave

Altamonte Springs, FL 32714
Asking Price
$3.51M
Asset Type
Office
Class
Class B

What's Special

801 Douglas Ave is situated in the established suburban business district of Altamonte Springs, Florida. Located just west of Interstate 4, the property offers direct regional connectivity to downtown Orlando and the northern suburbs. The immediate neighborhood features a mix of professional services and retail centers, including the Altamonte Mall and Uptown Altamonte. Nearby amenities encompass various dining options, banks, and lodging, all within a two-mile radius. Public transportation is available via local bus routes, and the Altamonte Springs SunRail station is located approximately three miles to the east. This office asset is suitable for small to mid-sized professional firms requiring a central Seminole County location. Typical tenant profiles include legal practices, accounting firms, insurance agencies, and regional administrative offices. The floor plans and suburban setting support businesses seeking a traditional office environment with accessible surface parking. The property caters to organizations that prioritize proximity to a large residential labor pool and service-oriented commercial infrastructure.

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NOI
$80,000
Cap Rate
2.28%
DSCR
0.38
Underwater
Cash-on-Cash
-12.19%
Monthly Payment
$17,365.565
Annual Cash Flow
$-128,386.779

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