1513 Livingston St Orlando, FL 32803-5435

Property Details for 1513 Livingston St

Year built

1940

Lot size

0.25 lot acres

Property size

1,290 SF

Zone code

O-1/T/HP

Property type

Investment properties

Property subtype

Retail residential properties

APN

25-22-29-5048-02-100

APU

252229504802100

Description

This Orlando mixed-use property, located at 1513 and 1515 E Livingston St, offers a compelling investment opportunity. The property consists of three buildings totaling 2,982 square feet on a 0.251-acre lot, with 10 parking spaces. The property is zoned O-1/T/HP. The front building, approximately 1,200 square feet, will be vacant upon closing, providing immediate occupancy potential for an owner-user or the opportunity to lease to a new tenant. This building features a lobby, reception area, three offices, a boardroom, a full bathroom, a half-bathroom, and a kitchen/dining space. The rear two-story building, totaling 1,800 square feet, is currently 50% occupied by two tenants under leases expiring June 1, 2027. Each floor of this building (approximately 900 square feet each) has a private entrance, offering flexibility for tenants. Amenities include a ground floor reception area, conference room, office, kitchenette, storage rooms, and a second-floor waiting area, large office, two smaller offices, full kitchen, and bathroom. An outdoor patio with a gazebo provides additional space. The property boasts a Net Operating Income (NOI) of $32,000, with 3% annual rent bumps built into the leases. The property's prime location near Colonial Town, the Milk District, downtown Orlando, and I-4 offers excellent accessibility and visibility. This versatile property presents multiple income streams and significant potential for growth. The asking price is $1,240,000. Built between 1940 and 1982.