Stellar MLS
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$375,000
1,282 sqft
For sale· 188 days on market
MLS# S5146021·Courtesy of UNIVERSAL REALTY OF CENTRAL FL
$375,000
Estimated $2,456/mo estimated
1,282 sq ft, 0.03 ac lot
LEASED INVESTMENT - 100 PERCENT OCCUPIED THROUGH JANUARY 2031. Unit 13 is a 1,282 SF office condo in Building 2 of the Old Winter Garden Road Commerce Center - four private offices, conference room and reception - leased to a nursing academy through 1/31/2031 on a Modified Gross lease with 3 percent annual escalations and a five-year renewal option; the lease transfers with the sale. Year-1 NOI $28,836 - a 7.69 cap at $375,000. Available individually or with the adjoining 2,564 SF suite (Units 12A and 12B, leased to an established congregation through 1/31/2031, MLS S5145472, $600,000) as a 3,846 SF package at $975,000 with combined Year-1 NOI $67,654 (6.94 cap). Concrete block construction (2006), single story, central A/C, in a professionally managed condominium park with shared surface parking; the association covers exterior insurance, common areas, landscaping and the lot. Zoned I-G, City of Orlando. Federal Opportunity Zone. Old Winter Garden Road frontage with about 24,500 vehicles a day; roughly half a mile to I-4, minutes to SR-408, SR-50 and John Young Parkway, about three miles west of downtown Orlando. Independent MAI appraisal, rent roll and leases available to qualified buyers after a confidentiality agreement. Cash or conventional buyers can close in 2026. Showings by appointment with 48 hours notice to the tenant; video walkthrough on request.
$2,456/ month estimated
Illustrative estimate — not a lending offer.
See flip, rental and BRRR numbers for this home.
Orlando, FL
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Pedro Rivera
My agent · 414.712.6275
Asking prices in Orlando run from $9,900 to $20,000,000. The middle ask is $367,517. This home asks $375,000.
These numbers use homes for sale only.
