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32221421
32221424

1515 HERBERT ST, PORT ORANGE, FL 32129-6105

JT
FL BK-0160420
SVN | Alliance Commercial Real Estate Advisors Ormond Beach
Listed by SVN | Alliance Commercial Real Estate Advisors Ormond Beach
$340,000
37 days on market
Updated 37 days ago

1,385 SF NNN Office Condo For Sale

Details
APN 630830022120
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 1,385
Units 1
Cap Rate 7.13%
NOI $24,251
Lease Type NNN
Lease Expiration 12/31/2028
Year Built 2005
Stories 1
Lot Size (SqFt) 1,368
Zoning PCD

1,385 SF NNN Office Condo For Sale

Marketing description

1,385 SF Office Condos For Sale in West End Village.

Tenant in place since 2025, with lease running through December 31, 2028.

$24,251.35 Annual Base Rent with a 7.13% 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.

Investment highlights

1,385 SF NNN Office Condo

Leased through 2028

7.13% Cap Rate

Low-maintenance ownership

High visibility with easy access

Listing Contacts

JT
FL BK-0160420
SVN | Alliance Commercial Real Estate Advisors Ormond Beach
Listed by SVN | Alliance Commercial Real Estate Advisors Ormond Beach

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$24,251.35
$2,020.95/mo

Valuation Metrics

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DSCR
7.13%
Cap Rate
7.13%
ROI

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