Renovated Office Building in
702 MABBETTE STREET Kissimmee, FL 34741
702 MABBETTE STREET, Kissimmee, FL, 34741
$549,000
For Sale
$549,000
Office - KISSIMMEE, FL
Property Size1,708 SF
Lot Size0.35 Acres
Price / SF$321.43
Days on Market179
Property Features for 702 MABBETTE STREET
General Information
- Property type
- Commercial Sale
- 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 Annual Amount
- 5515
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1910
- Building materials
- Brick, Frame
- Architectural style
- Other
Listing Agency
CENTURY 21 WOLF'S CROSSING REALTY
(407) 449-0000
4601 Neptune Rd, St Cloud, FL
Listed by
Fernando Homs · License #3159618
(407) 873-9370
Added: Jan 19 Checked: Jul 17 at 5:06 am
MLS# S5141826
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.
Investment Insights
Based on property information with market context.
This renovated corner-lot office building is situated in the heart of Downtown Kissimmee. The property provides approximately 1,447 square feet of office space, featuring a reception area, four private offices, two bathrooms, an additional reception area, and two kitchens. Dedicated parking is available for up to 12 vehicles, supplemented by street parking for clients and guests. The building is suitable for various professional uses, with a layout that allows two separate businesses to operate independently, each with its own exterior access. The property, zoned KRB2, consists of two lots: one for the building and one for parking spaces. The total property size is 1,708 square feet, situated on a 0.35-acre lot.
Key Highlights
- Prime Downtown Kissimmee Location
- Renovated 1,447 Sq Ft Corner‑Lot Office Building
- Layout Suitable for Two Separate Businesses with Separate Access
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 | $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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sebanda Insurance
Insurance Agency
Litoiplan4u Enteroises inc
Mediation Service
Rapid Home Water ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Office building - Corner-lot office building in Downtown Kissimmee with dedicated parking.
Where is this office building 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: Prime Downtown Kissimmee Location; Renovated 1,447 Sq Ft Corner‑Lot Office Building; Layout Suitable for Two Separate Businesses with Separate Access
