$1,499,000
529 Versailles Dr
Maitland, FL
32751
OFFICE BREAKDOWN
- Suite 101 - 680 RSF (VACANT)
- Suite 102 - 735 RSF (EXP. 2/28/26)
- Suite 103 - 952 RSF (Month to month)
- Suite 104 - 680 RSF (EXP 9/30/24)
- Suite 200 - 1,072 RSF (VACANT)
- Suite 205 – 860 RSF (EXP 7/31/24)
- Suite 210 – 941 RSF (EXP 09/30/24)
- Currently 70.4% Occupied (4,168 RSF) On Short-Term Leases
- Average Lease Rate Is $15.86/RSF Full Service
529 Versailles Drive - Maitland, Florida 32751
PROPERTY OVERVIEW:
Description
Seize a unique one-of-a-kind opportunity with this exceptional boutique office building located at the north end of the Uptown Maitland district.
This property stands out as one of the few smaller freestanding office buildings in the greater Orlando area, offering a rare opportunity to own a distinguished piece of Maitland history.
Situated in the prestigious Versailles Office Park, which fronts Orlando Avenue (US Hwy 17-92) north of the Mercedes Of Orlando dealership, just south of the Maitland Boulevard entry/exit ramps, and across from the Maitland Sunrail station. This is a five-building campus-style office park developed in a French Venetian fashion to blend with the surrounding residential areas.
Construction details feature all block construction, barrel tile roof, and stucco exterior. The building is currently divided into seven unique, separate office suites ranging in size from 690 RSF to 1,079 RSF in a two-story walk-up design. The total rentable area is approximately 5,920 square feet. Versatile in its potential use, the building may be kept as an income-producing office property, catering to the small professional user, or several (or all) of the suites may be combined for an owner-user. The building is currently 70% leased under short-term, below-market leases.
Zoned PO, the office park is able to keep its prominence as a professional office park with no medical or retail applications allowed. Within walking distance to new restaurants, new apartment housing, shopping, parks and major thoroughfares, this property has been afforded a solid financial asset that has appreciated greatly since its inception. This property has been in the same family for over 35 years.
Price: $1,499,000
407-628-3000
Contact
John J. Roper Lic. Real Estate Broker
P.O. Box 948199
Maitland, Florida 32794
Tel. 407 628-3000
Fax 407-628-2383