Renovated Mixed-Use Live-Work
For Sale
$1,399,000
1567 LAKE BALDWIN Lane, Orlando, FL 32814
MULTI_FAMILY - ORLANDO, FL
Property Size3,129 SF
Lot Size0.09 Acres
Price / SF$447.11
Days on Market89
Property Features for 1567 LAKE BALDWIN Lane
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
PD
Rooms
Family Room
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
Exterior features
Balcony, Lighting, Rain Gutters, Sidewalk, Sprinkler Metered
Subdivision
BALDWIN PARKA
Elementary school
Baldwin Park Elementary
Middle school
Glenridge Middle
High school
Winter Park High
Directions
Head N on Bennet rd, turn right on New Broad st, turn right on Common way rd, turn left on Lake Baldwin ln, property will be on the right.
Standard status
Active
APN
21-22-30-0531-01-470
Size
3,129 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BALDWIN PARK UNIT 8A 61/77 LOT 1470
Tax Annual Amount
15030
Legal Description
BALDWIN PARK UNIT 8A 61/77 LOT 1470
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2006
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
COMPASS FLORIDA LLC
(407) 203-9441
Listed By:
Ahmad Hassan, PA · License #3305257
(718) 641-9358
Added: May 8
Changed: Jul 20
Last Checked: Aug 4 at 6:06AM
MLS# O6406181
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated mixed-use property was completed with a top-to-bottom update, including brand-new finishes, a new roof, and new HVAC units. The front commercial unit includes a private entrance, two rooms, and a full bath. The main townhome features an open-concept layout with engineered hardwood floors, a chef’s kitchen with custom cabinetry, quartz countertops, premium appliances, and a spacious island with eat-in seating, plus a walk-in pantry. A powder bath completes the first floor, and upstairs includes a primary suite with double walk-in closets and a spa-style bath with soaking tub, walk-in shower, and dual-sink vanity, along with two secondary bedrooms, a remodeled full bath, and a private balcony. A full laundry room adds convenience. The garage apartment has its own private entry, updated full bath, a walk-in closet, and an open-plan kitchen and living area.
The property is located on a tree-lined street with a rear two-car garage and ample parking. The commercial unit is described as being available at rents ranging at $2,400 per month, and the garage apartment is described as available at rents ranging at $2,000 per month.
The property is located on a tree-lined street with a rear two-car garage and ample parking. The commercial unit is described as being available at rents ranging at $2,400 per month, and the garage apartment is described as available at rents ranging at $2,000 per month.
Key Highlights
- 2006‑built mixed‑use property with 3 distinct units: townhome, income‑producing garage apartment, and a commercial space
- Commercial unit has a private entrance, 2 rooms, and a full bath; rents range at $2,400/month
- Townhome features an open floorplan with eat‑in kitchen, solid wood cabinets, and solid surface/stone counters; walk‑in closets and high ceilings
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.9k | $29.04 |
| − Vacancy | −$3.1k | −$0.99 |
| EGI | $87.8k | $28.05 |
| − OpEx | −$26.3k | −$8.42 |
| NOI | $61.4k | $19.64 |
3,129 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$877.8K
$768.1K – $1.02M
NOI $61,444 @ 7.0% cap · market cap 4.39%
Second Best
Multifamily LT 5
$634.2K
$554.9K – $739.9K
NOI $44,391 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$1.01M
$882.0K – $1.18M
NOI $70,557 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,555
Businesses Nearby
Explore this area
Business Placement
Demographics for 32814, FL
9,218
Population
4,533
Households
2
Avg Household Size
35
Median Age
81%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
7,682
Density / Sq Mi
$129,712
Median Household Income
$67,578
Median Earnings
$2,224
Median Rent
$751,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit mixed-use property with a renovated townhome, garage apartment, and front commercial space with private entrance.
Where is this triplex located?
The property is located at 1567 LAKE BALDWIN Lane Orlando, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 2006‑built mixed‑use property with 3 distinct units: townhome, income‑producing garage apartment, and a commercial space; Commercial unit has a private entrance, 2 rooms, and a full bath; rents range at $2,400/month; Townhome features an open floorplan with eat‑in kitchen, solid wood cabinets, and solid surface/stone counters; walk‑in closets and high ceilings
