716 W ROBINSON STREET, Orlando, FL 32805
- Added:
- Jul 22, 2022
- Days on Market:
- 1421
- Last Refresh:
- Jun 11 at 2:06 pm
Property Features for 716 W ROBINSON STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- MU-1/T/PH
- Standard status
- Pending
- APN
- 26-22-29-8460-02-010
- Size
- 10,902 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Annual Amount
- 4991.47
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Building materials
- Concrete
- Architectural style
- Other
Listing agent Orlando Montero License #3294461 (321) 299-8257
Listing office ALPHA R.E. OF CENTRAL FL LLC 1423 W Fairbanks Ave, Winter Park, FL (407) 927-1040
Listing date Jul 22, 2022
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
- 1.40‑acre mixed‑use portfolio in Downtown Orlando's Innovation District.
- Located within a U.S. Department of Treasury's Community Development Financial Institutions Fund designated area, qualifying for Bank Enterprise Award, Capital Magnet Fund, and Equitable Recovery programs.
- Includes a 10,902 SF building (716 W Robinson St) zoned MU‑1/T/PH & R2B/T/PH.
- Features multiple adjacent vacant land parcels allowing for potential development of single‑family units or apartments (up to 16 units on Parramore Ave parcels).
- Walking distance to key attractions like Creative Village, Exploria Stadium, and Amway Center.
- Zoning allows for diverse development options: MU‑1/T/PH (Medium Intensity Mixed Residential and Office) and R2B/T/PH (single‑family homes, duplexes, small apartment buildings).
Overview
Local Financial Insights For Multifamily LT 5
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 | $235.5k | $21.60 |
| − Vacancy | −$14.5k | −$1.33 |
| EGI | $221.0k | $20.27 |
| − OpEx | −$66.3k | −$6.08 |
| NOI | $154.7k | $14.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.390012
- Latitude
- 28.545399