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498 ESTHER LANE

Commercial For Sale
$1,499,000

BTC: 23.42187500

ETH: 832.77777778

274 days
0 room(s)
1,653 sqft

Overview

Presenting a rare opportunity to invest in a prime Z-zoned commercial property, perfectly situated for multi-family and townhome development. This strategically located gem boasts exceptional visibility and accessibility, making it an ideal canvas for visionary developers and investors. With an abundance of space to create dynamic living environments, the possibilities are endless—envision stunning modern residences that cater to a diverse community.. Property is located 5 minutes from I4, Cranes Roost, as well as restaurants and shopping centers. Closing can be as soon as 2 weeks! Do not disturb tenants, call for an appointment!.

Location

Florida • ALTAMONTE SPRINGS • 32714 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1959
Lot:
0.20 Acres
Heating:
Central
Price/sqft:
$907
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$647,250
$340K – $1.2M
Confidence Low
List vs. estimate
$851K above estimate
List $1,499,000 · +131.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$906
+230.3% vs. city median $274
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,980
2024
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Levels: One

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 15212950702000080

    • Zoning: RP

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $1,980

  • Source details

    • MLS ID: O6335098

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Block / Concrete Perimeter

    • Lot Features: Corner Lot / City Lot / Near Public Transit

    • Direction Faces: East

    • Living Area: 1653

    • Water Source: Public

    • Lot Size Dimensions: 00 x 00

    • Subdivision Name: LONG VIEW HEIGHTS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32714
165
median $220K
Active
Same city
ALTAMONTE SPRINGS
292
median $221K
Active
Same type
Commercial
15
median $175K
Active
Similar price
$1.0M – $1.9M
5
median $1.4M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COTTAGE REALTY INC