Downtown Orlando Redevelopment
421 E ROBINSON Street Orlando, FL 32801
421 E ROBINSON Street, Orlando, FL, 32801
$5,990,000
For Sale
$5,990,000
SINGLE_FAMILY - ORLANDO, FL
Property Size9,479 SF
Lot Size0.68 Acres
Price / SF$631.92
Days on Market427
Property Features for 421 E ROBINSON Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- O-2/T
- Standard status
- Active
- APN
- 25-22-29-3632-00-040
- Size
- 9,479 SF
- Lot size
- 0.68 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HILLMANS FIRST ADDITION D/56 LOTS 4 & 12& E 41.3 FT OF LOT 3 & E 40 FT OF S1/2LOT 11 & E 25.75 FT OF N1/2 LOT 11
- Tax Annual Amount
- 38530
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Zoned, Central Air
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Building materials
- Block
Listing agency
DOVER INTERNATIONAL CO., INC.
(407) 333-0711
Listed by
Kimberly Robinson · License #BK3113676
(407) 488-7236
Added: May 22, 2025 Updated: Jul 20 at 8:37PM Checked: Jul 22 at 12:06AM
MLS# O6311604
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 property presents an opportunity near Lake Eola Park in Downtown Orlando. The existing block construction building offers nearly 10,000 square feet of space, with potential for transformation or redevelopment. Previously approved plans from the City of Orlando outline a mixed-use, 7-story development. These plans include one-bedroom, two-bedroom, and three-bedroom units, restaurant and office spaces, and a parking garage. Alternative visions for the site may include senior housing or student accommodations. The location offers lake views and access to the 0.9-mile concrete path around Lake Eola. Immediate access to the Walt Disney Amphitheater places the property at the center of community events. Lake Eola's attractions, such as a pagoda, swan boats, and a playground, contribute to the location's appeal. The property is zoned O-2/T and situated on a 0.68-acre lot.
Key Highlights
- Prime location steps from Lake Eola Park in Downtown Orlando.
- Previously approved plans for a 7‑story mixed‑use development including residential, restaurant, office, and parking garage spaces.
- Redevelopment opportunity with flexible options including senior housing or student accommodations.
Local Financial Insights For Office B
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 | $284.4k | $30.00 |
| − Vacancy | −$48.3k | −$5.10 |
| EGI | $236.0k | $24.90 |
| − OpEx | −$59.0k | −$6.23 |
| NOI | $177.0k | $18.67 |
9,479 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.53M
$2.21M – $2.95M
NOI $177,020 @ 7.0% cap · market cap 2.96%
Second Best
Mixed Use
$1.79M
$1.56M – $2.09M
NOI $125,123 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M
NOI $213,746 @ 7.0% cap · market cap 3.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CTS { agency
Marketing & Advertising
OMG Labs
Association Or Organization
CodeFirm
Consultant
ONE ORLANDO PRODUCTION ...
Film Production
BrandXR
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Office space - Prime location near Lake Eola Park with redevelopment potential.
Where is this office space located?
The property is located at 421 E ROBINSON Street Orlando, FL.
What is the asking price?
The asking price for this property is $5,990,000.
What are key features of this property?
This property features: Prime location steps from Lake Eola Park in Downtown Orlando.; Previously approved plans for a 7‑story mixed‑use development including residential, restaurant, office, and parking garage spaces.; Redevelopment opportunity with flexible options including senior housing or student accommodations.
