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Lasbury Tracy Realty Inc
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$1,195,000

Active

407 Lake Howell Rd, Maitland, FL 32751

6,117 sq ft

Listing courtesy of RE/MAX ASSURED · MLS# O6401714

188 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

Price reduced from $1,600,000! This well-maintained commercial building is currently operating as a professional office suite property, featuring 24 individual suites with strong month-to-month tenancy. The property offers approximately 29 parking spaces and is thoughtfully designed with three welcoming, fully furnished lobby areas, a shared kitchen, five restrooms, and a dedicated conference room. The building was renovated in 2010 with a roof replacement in 2016. Consistently occupied, the building is home to a stable base of long-term professional tenants, making it an attractive opportunity for investors seeking reliable income and ease of management. With many possible uses, this property presents an outstanding opportunity for an absentee owner looking for a solid investment. Situated in the City of Casselberry with a Maitland address, just two blocks from Hwy 436. The property is surrounded by established medical and professional offices, making it ideal for a variety of business uses. Don’t miss this exceptional investment opportunity in a prime location. Whether you’re expanding your portfolio, seeking a stable, income-producing property, or looking to utilize for your personal office, this building checks all the boxes. Schedule your private tour today, request the full financial package, and see firsthand the value and potential this property has to offer. Opportunities like this don’t last—secure your investment now. - 1031 Friendly - The current leases are on a month-to-month basis, and some office spaces are currently rented below market value, providing flexibility to adjust rental rates or utilize the space to suit your needs.

Facts

Property type
Office
Year built
1959
Exposure
West
Flood zone
X
Annual taxes
$12,240/yr
Listed
Apr 23, 2026
MLS #
O6401714

Commercial details

Building & site

Building size
6,117 SF
Lot size
0.58 acres (25,223 SF)
Zoning
OR
Ceiling height
Varied
Parking spaces
29
Road frontage
City Street
Buildings
1
Occupancy
Tenant-occupied
Building features
Bathrooms

Investor metrics

Price per SF (MLS)
$195.36/SF
Cap rate
7.88%

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $1,295,000
  2. Price reduced to $1,195,000from $1,225,000

Virtual tour

Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

407 Lake Howell Rd, Maitland, FL 32751

Listing courtesy of RE/MAX ASSURED · MLS# O6401714 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:57 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]