Lincoln Property Broker Closes On $3 Million Sale of Majority of Professional Office Condos North of Orlando, FL

Professional Office Condos, 587 East State Road 434,
 Longwood, FL

ORLANDO, FL – Lincoln Property Company recently closed on the $3,000,000 sale of the majority of a 75,720 square foot, three-story building comprised of professional office condos at 587 E. SR 434 in Longwood.  

 Sean DuPree, CCIM, broker at Lincoln Property Company, listed the property totaling 62,600 square feet or over 80 percent of the building, and negotiated the transaction representing the seller, Fort Lauderdale-based LongwoodOffice Park, LLC.    

Sean Dupree

Orlando investors 434 Longwood Medical LLC purchased 62,600 square feet which covers five vacant units on the first floor and the entire second and third vacant floors each measuring 25,000 square feet. 

 The building was constructed in 1984 just east of Ronald Reagan Blvd. (CR 427) and less than half a mile from South Seminole Hospital, north of Orlando.  

 Two other owners that occupy offices on the first floor are West Orange Neprology in 2,476 square feet and Orlando Health Family Medicine in 4,880 square feet.

Lincoln Property Company is a full service commercial real estate firm offering a comprehensive suite of value-added services for clients. 

With a substantial local presence and history in the Southeast region, the company is ideally situated to provide superior service, which comes from striving to understand the goals and challenges of tenants, investors, lenders and owners of commercial real estate. 

 CONTACTS:

Sean DuPree, CCIM, Broker, Lincoln Property Company
407-872-3500 sdupree@lpc.com

Beth Payan, Larry Vershel Communications Inc. Lvershelco@aol.com
407-644-4142