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Thornton Park Industrial-Style Loft

10 N SUMMERLIN Ave 55 Orlando, FL 32801

10 N SUMMERLIN Ave 55, Orlando, FL, 32801
$475,000
For Sale
Claim this Listing
$475,000

Expansive loft in vibrant Thornton Park with downtown Orlando views.

Property Size1,833 SF
Price / SF$259.14
AddedApr 15
Days on Market92
Last RefreshJul 15 at 5:52 pm

Property Features for 10 N SUMMERLIN Ave 55

General Information

Standard status
Active
Size
1,833 SF
Property subtype
Commercial

Building Details

Year Built
2000

Listing office

Listing date Apr 15, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Parker Blanchard


Investment Insights

Based on property information with market context.

Located in the heart of Thornton Park, this 1,833-square-foot industrial-style loft is positioned on the corner of Summerlin Avenue and Central Boulevard. The residence features soaring ceilings, exposed concrete walls, and an open-concept layout. A metal spiral staircase leads to a versatile lofted second bedroom suitable for a home office, guest retreat, or creative space. Two private balconies offer views of downtown Orlando. Recent upgrades include a new A/C system and water heater in 2023. The property is located near Lake Eola, dining, shopping, and nightlife. The bike score is 71, indicating it is very bikeable. The walk score is 39, indicating car-dependent surroundings. The transit score is 40, indicating some transit options are available. This property offers a blend of architectural design and modern comfort.

Key Highlights

  • Prime Thornton Park location on the corner of Summerlin Avenue and Central Boulevard, steps from Lake Eola, dining, shopping, and nightlife.
  • Unique 1,833‑square‑foot industrial‑style loft with soaring ceilings, exposed concrete walls, and open‑concept layout.
  • Enjoy sweeping downtown Orlando views from two private balconies.

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 $55.0k $30.00
− Vacancy −$9.3k −$5.10
EGI $45.6k $24.90
− OpEx −$11.4k −$6.23
NOI $34.2k $18.67
1,833 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$489.0K
$427.9K – $570.5K (±1% cap)
NOI $34,231 @ 7.0% cap · market cap 7.21%
Second Best
Mixed Use
$345.7K
$302.5K – $403.3K (±1% cap)
NOI $24,196 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$590.5K
$516.7K – $688.9K (±1% cap)
NOI $41,333 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Thornton Park District Corporate Office Thornton Park Central Apartment Building Credit Card Promotions Employment Agency Stan Madray Realtor Real Estate Agency

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Florist (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Expansive loft in vibrant Thornton Park with downtown Orlando views.
Where is this live-work space located?
The property is located at 10 N SUMMERLIN Ave 55 Orlando, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Prime Thornton Park location on the corner of Summerlin Avenue and Central Boulevard, steps from Lake Eola, dining, shopping, and nightlife.; Unique 1,833‑square‑foot industrial‑style loft with soaring ceilings, exposed concrete walls, and open‑concept layout.; **Enjoy sweeping downtown Orlando views from two private balconies.**
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