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1515 Herbert St
Port Orange, FL 32129 Outer Port Orange

$640,000 USD

Medical Condo For Sale  •  2,770 SF

Property Details

  • Property Type Medical
  • Total Building Size 10,925 SF
  • Lot Size 0.75 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 6.64 %
  • Tenancy Multiple
  • Zoning PCD
0 Transit Score
36 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 210 & 211 Office 2,770 SF $640,000 USD
  • Unit Size: 2,770 SF
  • Condo Use: Office
  • Price: $640,000 USD
  • Sale Type: Investment
  • Price/SF: $231.05 USD
Description
2,770 SF Office Condos For Sale in West End Village.
Long-term tenant in place since 2006, with lease running through March 31, 2028.
$42,484.80 Annual Base Rent with a 6.64% 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 OVERVIEW
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
2,770 SF Office Condos For Sale in West End Village.
Long-term tenant in place since 2006, with lease running through March 31, 2028.
$42,484.80 Annual Base Rent with a 6.64% 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 OVERVIEW
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.

Description

2,770 SF Office Condos For Sale in West End Village.
Long-term tenant in place since 2006, with lease running through March 31, 2028.
$42,484.80 Annual Base Rent with a 6.64% 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 OVERVIEW
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.

Highlights

NNN Office Condo For Sale
Condo Association handles all building and grounds maintenance.
6.64% Cap Rate

Property Flyers

Financial Summary

Cap Rate: 6.64 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Amedisys
Florida Community Development Associnc
Fsu Insurance Service
Hewitt Dupont CPA Pl
John Andrew Shelley
Mark S Topol & Co
Ottaviani Chiropractic Center
Port Orange Church Of Christ
Shelley & Shelley
Your Money Matters Inc

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Daytona Beach International 12 min - 5.9 mi
Orlando Sanford International 54 min - 37.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 52
Type: Surface
Included in Rent: Yes
John Trost 386-301-4581 SVN | Alliance Commercial Real Estate Advisors
John Trost 386-301-4581 SVN | Alliance Commercial Real Estate Advisors