Freestanding Office with Storage
4947 N PALM Avenue Winter Park, FL 32792
For Sale
$535,000
SINGLE_FAMILY - WINTER PARK, FL
Property Size1,088 SF
Lot Size0.16 Acres
Price / SF$491.73
Days on Market93
Property Features for 4947 N PALM Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
C-1
Pets allowed
Yes
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
02-22-30-8368-03-040
Size
1,088 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUBURBAN HOMES O/138 LOT 4 BLK 3
Tax Annual Amount
5168
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Flooring type
Carpet, Tile
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
FLORIDA REALTY INVESTMENTS
(407) 207-2220
Listed By:
Carlethia Burnette · License #3072754
(407) 970-7902
Added: Apr 29
Changed: Jul 29
Last Checked: Jul 30 at 4:06AM
MLS# O6403459
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 freestanding commercial building is currently operating as a counseling center and has previously been used as a real estate office. The property offers a functional floor plan designed to support professional and service-oriented operations, and includes a 12x12 storage addition, along with a newly upgraded paver driveway to improve client access.
Located along N Palm Avenue in Winter Park, the property sits directly across from the United States Postal Service. The area provides convenient connectivity to major corridors including State Road 436, State Road 417, and State Road 408, supporting access throughout the Orlando metro.
Zoned C-1 and described in the listing as 1210–Store/Office/Residential II, the building is positioned for flexible occupancy consistent with its existing office and counseling use.
Located along N Palm Avenue in Winter Park, the property sits directly across from the United States Postal Service. The area provides convenient connectivity to major corridors including State Road 436, State Road 417, and State Road 408, supporting access throughout the Orlando metro.
Zoned C-1 and described in the listing as 1210–Store/Office/Residential II, the building is positioned for flexible occupancy consistent with its existing office and counseling use.
Key Highlights
- Freestanding commercial building built in 1980 with Block and Stucco construction
- Zoned 1210 – Store/Office/Residential II, allowing flexible use for store, office, or residential II live/work scenarios
- Previously used as a real estate office and currently operating as a counseling center
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 | $26.1k | $24.00 |
| − Vacancy | −$4.4k | −$4.08 |
| EGI | $21.7k | $19.92 |
| − OpEx | −$5.4k | −$4.98 |
| NOI | $16.3k | $14.94 |
1,088 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$232.2K
$203.2K – $270.9K
NOI $16,255 @ 7.0% cap · market cap 3.04%
Second Best
Healthcare Medical
$221.6K
$193.9K – $258.5K
NOI $15,511 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$309.6K
$270.9K – $361.2K
NOI $21,673 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building with a 12x12 storage addition and a counseling center setup under C-1 zoning.
Where is this office building located?
The property is located at 4947 N PALM Avenue Winter Park, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Freestanding commercial building built in 1980 with Block and Stucco construction; Zoned 1210 – Store/Office/Residential II, allowing flexible use for store, office, or residential II live/work scenarios; Previously used as a real estate office and currently operating as a counseling center
