423 Citrus Tower Blvd

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423 Citrus Tower Blvd

Clermont, FL 34711
Asking Price
$5.10M
Asset Type
Office
Class
Class B

What's Special

423 Citrus Tower Blvd is located in the northern corridor of Clermont, Florida, situated along a primary commercial artery. The neighborhood is characterized by a mix of professional services, medical facilities, and retail centers. The property offers proximity to major retailers and dining options at the Citrus Tower Village and is less than two miles from the South Lake Hospital campus. Access to the site is provided via Highway 27 and State Road 50, connecting the location to the broader Orlando metropolitan area and the Florida Turnpike. The property is suited for administrative professional services, satellite corporate offices, or outpatient healthcare providers. Its layout and location accommodate tenants such as law firms, accounting practices, insurance agencies, and specialized medical clinics. The facility offers a functional environment for businesses requiring a suburban office setting with visibility and access to a growing residential population base in South Lake County.

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NOI
$80,000
Cap Rate
1.57%
DSCR
0.26
Underwater
Cash-on-Cash
-14.56%
Monthly Payment
$25,212.228
Annual Cash Flow
$-222,546.73

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