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1515 Herbert St - 1,385 SF NNN Office Condo For Sale 1,385 SF Office Condo Unit Offered at $461,720 CAD in Port Orange, FL 32129
Investment Highlights
- 1,385 SF NNN Office Condo For Sale
- 7.13% Cap Rate
- High visibility with easy access
- Leased through 2028
- Low-maintenance ownership
1 Unit Available
Unit 208
| Unit Size | 1,385 SF | Sale Type | Investment |
| Price | $461,720 CAD | Cap Rate | 7.13% |
| Price Per SF | $333.37 CAD | NOI | $32,933.33 CAD |
| Condo Use | Office | APN/Parcel ID | 6308-30-02-2080 |
| Unit Size | 1,385 SF |
| Price | $461,720 CAD |
| Price Per SF | $333.37 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.13% |
| NOI | $32,933.33 CAD |
| APN/Parcel ID | 6308-30-02-2080 |
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 DESCRIPTION
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
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 DESCRIPTION
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.
Property Facts
| Total Building Size | 10,507 SF | Typical Floor Size | 10,507 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Property Subtype | Medical | Lot Size | 3.65 AC |
| Building Class | B | Parking Ratio | 4.85/1,000 SF |
| Floors | 1 | ||
| Zoning | PCD | ||
| Total Building Size | 10,507 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 10,507 SF |
| Year Built | 2005 |
| Lot Size | 3.65 AC |
| Parking Ratio | 4.85/1,000 SF |
| Zoning | PCD |
NNN Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Reef Medical LLC |
1,385 SF
|
November 2028
|
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1515 Herbert St - 1,385 SF NNN Office Condo For Sale
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