Renovated Corner-Lot Office
702 MABBETTE Street Kissimmee, FL 34741
For Sale
$549,000
SINGLE_FAMILY - KISSIMMEE, FL
Property Size1,708 SF
Lot Size0.35 Acres
Price / SF$321.43
Days on Market192
Property Features for 702 MABBETTE Street
General Information
Property type
Residential
Property subtype
Office
Zoning
KRB2
Standard status
Active
APN
21-25-29-2252-0001-0010
Size
1,708 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TRINITY OFFICE COMPLEX PB 21 PG 123 LOT 1
Tax Annual Amount
5515
Utilities
Cooling system
Central Air
Building Details
Year built
1910
Floors in Building
1
Building materials
Brick, Frame
Listing Agency:
CENTURY 21 WOLF'S CROSSING REALTY
(407) 449-0000
Listed By:
Fernando Homs · License #3159618
(407) 873-9370
Added: Jan 19
Changed: Jul 24
Last Checked: Jul 30 at 5:06AM
MLS# S5141826
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.
Renovated corner-lot office building at 702 MABBETTE Street, offering approximately 1,447 square feet of office space. The layout includes a spacious reception area, an additional reception area, four private offices, two bathrooms, and two kitchens. Designed to support independent operations, the property provides separate exterior access for two businesses.
The building is supported by dedicated parking for up to 12 vehicles, with additional street parking available for clients and guests. The property consists of two lots: one lot for the building and a second lot for parking spaces. Zoning is KRB2.
This configuration makes the space well-suited for professional users that want a clean, separated setup within one building while maintaining on-site parking capacity.
The building is supported by dedicated parking for up to 12 vehicles, with additional street parking available for clients and guests. The property consists of two lots: one lot for the building and a second lot for parking spaces. Zoning is KRB2.
This configuration makes the space well-suited for professional users that want a clean, separated setup within one building while maintaining on-site parking capacity.
Key Highlights
- Renovated corner‑lot office building in Downtown Kissimmee
- Approximately 1,447 SF office space with reception area, four private offices, two bathrooms, and two kitchens
- Layout supports two separate businesses with independent operation and separate exterior access
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 | $35.9k | $21.00 |
| − Vacancy | −$7.9k | −$4.62 |
| EGI | $28.0k | $16.38 |
| − OpEx | −$7.0k | −$4.10 |
| NOI | $21.0k | $12.29 |
1,708 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$299.8K
$262.3K – $349.7K
NOI $20,983 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$410.4K
$359.1K – $478.9K
NOI $28,731 @ 7.0% cap · market cap 5.23%
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 units - Renovated corner-lot office building with dedicated parking for up to 12 vehicles and multiple private offices.
Where is this office units located?
The property is located at 702 MABBETTE Street Kissimmee, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Renovated corner‑lot office building in Downtown Kissimmee; Approximately 1,447 SF office space with reception area, four private offices, two bathrooms, and two kitchens; Layout supports two separate businesses with independent operation and separate exterior access
