Winter Park Mixed-Use
3425 FORSYTH ROAD, Winter Park, FL 32792
Mixed Use - WINTER PARK, FL
Type:Mixed Use
Property size:
16,437 SFLot size:
1.37 AcresPrice / SF:
$170/SF- Added:
- Jan 22, 2026
- Days on Market:
- 116
- Last Refresh:
- May 18 at 2:06 am
Property Features for 3425 FORSYTH ROAD
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- C-3
- Security features
- Fire Sprinkler System
- Exterior features
- Paved
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 10-22-30-0000-00-090
- Size
- 16,437 SF
- Lot size
- 1.37 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 20707
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1969
- Number of units
- 2
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block
- Architectural style
- Other
Listing agent Blanca Armada License #3081267 (321) 402-6261
Listing office REMAX PREMIER PROPERTIES 404 Broadway, Kissimmee, FL (321) 402-6261
Listing date Jan 22, 2026
MLS# S5142219
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 location in the heart of Winter Park with C‑3 zoning.
- High foot traffic area near Costco, Full Sail University, apartments, and shopping centers.
- Two buildings included: a large front building with open space, offices, and bathrooms, plus a second building with offices and bathrooms.
- Second building can be leased or rented for additional income.
- Ample parking space available.
- Building constructed of durable block.
Overview
Located in the heart of Winter Park, this mixed-use property is zoned C-3. The location benefits from proximity to high foot traffic areas, including Costco and Full Sail University, as well as several apartments and shopping centers. The property includes two buildings. The front building features a large open space with multiple office rooms and bathrooms. The second building, situated behind the front building, offers additional office spaces and bathrooms and can be leased or rented. The property has parking space for several cars. The property size is 16,437 square feet on a 1.37-acre lot.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$2.73M
NOI $245,569 @ 9.00% cap · cautious / downside scenario
Moderate
$3.51M
NOI $245,569 @ 7.00% cap · market / base-case scenario
Aggressive
$4.91M
NOI $245,569 @ 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 | $394.5k | $24.00 |
| − Vacancy | −$67.1k | −$4.08 |
| EGI | $327.4k | $19.92 |
| − OpEx | −$81.9k | −$4.98 |
| NOI | $245.6k | $14.94 |
16,437 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$3.51M
$3.07M – $4.09M
NOI $245,569 @ 7.0% cap · market cap 8.77%
Second Best
Mixed Use
$3.10M
$2.71M – $3.62M
NOI $216,968 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$4.68M
$4.09M – $5.46M
NOI $327,425 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
La Placita 19
Bar & Pub
Location Insight
- Map
- Local Demand
- City
- Winter Park
- County
- Orange
- State
- Florida
- Longitude
- -81.298396
- Latitude
- 28.595155
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two buildings in Winter Park near Costco and Full Sail.
Where is this mixed-use property located?
The property is located at 3425 FORSYTH ROAD Winter Park, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Prime location in the heart of Winter Park with C‑3 zoning.; High foot traffic area near Costco, Full Sail University, apartments, and shopping centers.; Two buildings included: a large front building with open space, offices, and bathrooms, plus a second building with offices and bathrooms.
