Maitland Office Building For
159 LOOKOUT PLACE, Maitland, FL 32751
Office - MAITLAND, FL
Type:Office
Property size:
4,851 SFLot size:
0.14 AcresPrice / SF:
$247/SF- Added:
- Feb 21, 2026
- Days on Market:
- 86
- Last Refresh:
- May 18 at 7:06 am
Property Features for 159 LOOKOUT PLACE
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- PD-NON
- Exterior features
- Paved
- Standard status
- Active
- APN
- 25-21-29-4091-00-020
- Size
- 4,851 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 20393
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1991
- Flooring type
- Carpet
- Building materials
- Frame, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent David Weiss License #3479228 (407) 765-9020
Listing office COLDWELL BANKER REALTY 5965 Red Bug Lake Rd # 101, Plant City, FL (407) 696-8000
Listing date Feb 21, 2026
MLS# O6381948
Listing URL
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.
HighLights
- Prime Maitland location with convenient access to major roadways.
- Flexible layout suitable for various professional users with multi‑tenant potential.
- Investment and owner‑user opportunity to occupy a portion of the building while leasing the remaining space for rental income.
- Two‑story freestanding office building with approximately 4,915 SF in a well‑maintained professional office park.
- First floor built out as a former attorney's office with six private offices and a conference room.
- Second floor offers a value‑add opportunity for cosmetic updates.
Overview
Located in the heart of Maitland’s premier business district, 159 Lookout Place is a well-maintained, two-story freestanding professional office building. The property offers approximately 4,915 square feet and features a flexible layout suitable for law firms, accounting practices, financial advisors, or general professional users. The first floor is built out as a former attorney’s office and includes six private offices, a conference room, two communal/admin areas, a break room, and two common restrooms. The second floor is configured as general office space and includes two office suites, five private offices, and two shared restrooms. This level offers a value-add opportunity with light cosmetic updates and is well-suited for owner-users seeking additional rental income or investors repositioning the asset. The property presents a rare opportunity to own and occupy a portion of the building while leasing the remaining space. Its flexible configuration supports multi-tenant use and future leasing strategies. The property is located within the Keewin / Lookout Pointe Office Park, a well-maintained professional environment with strong occupancy and consistent demand. The surrounding area offers excellent demographics, accessibility, and long-term value stability. It is located near Maitland Blvd and Maitland Avenue, with convenient access to Interstate 4 and US-17/92, and minutes from Maitland Town Centre, a growing hub for dining, retail, and business, surrounded by established professional services and high-end Maitland and Winter Park neighborhoods. The lot size is 0.14 acres.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$805.3K
NOI $72,474 @ 9.00% cap · cautious / downside scenario
Moderate
$1.04M
NOI $72,474 @ 7.00% cap · market / base-case scenario
Aggressive
$1.45M
NOI $72,474 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.4k | $24.00 |
| − Vacancy | −$19.8k | −$4.08 |
| EGI | $96.6k | $19.92 |
| − OpEx | −$24.2k | −$4.98 |
| NOI | $72.5k | $14.94 |
4,851 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.04M
$905.9K – $1.21M
NOI $72,474 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,632 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lim Law, P.A.
Law Firm
Millennium Settlements
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Maitland
- County
- Orange
- State
- Florida
- Longitude
- -81.3636176
- Latitude
- 28.6382177
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-story office building in Maitland's premier business district.
Where is this office building located?
The property is located at 159 LOOKOUT PLACE Maitland, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime Maitland location with convenient access to major roadways.; Flexible layout suitable for various professional users with multi‑tenant potential.; Investment and owner‑user opportunity to occupy a portion of the building while leasing the remaining space for rental income.
