Two-Story Office Building with
For Sale
$875,000
1001-131 W Broadway St, Oviedo, FL 32765
Two-story office building with two upstairs suites and two separate downstairs entrances, plus parking for 10.
Property Size2,840 SF
Price / SF$308.10
Days on Market164
Property Features for 1001-131 W Broadway St
General Information
Standard status
Active
Size
2,840 SF
Taxes and HOA fees
Annual Taxes
$5,302
Listing Agency:
LANDSHARK REALTY
(321) 567-7992
Listed By:
Jack Luiz · License #581277
(407) 579-3434
Source:
Exprealty
Added: May 19
Changed: Oct 25
Last Checked: Oct 28 at 1:15PM
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 LANDSHARK REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story office building offers tenant-in-place income potential with a total of two upstairs suites, and each suite includes its own bathroom. The downstairs level is designed with two separate entrances, providing straightforward access to the lower offices.
The property is zoned MUD-HDC and is described as allowing most office and commercial uses. Exterior amenities include parking for 10 spaces.
Reported updates include a new roof, city water, a newer water heater, and newer A/C units. The offering is presented as approximately 3,000 square feet across two levels, with 1,500 square feet downstairs and 1,500 square feet upstairs.
The property is zoned MUD-HDC and is described as allowing most office and commercial uses. Exterior amenities include parking for 10 spaces.
Reported updates include a new roof, city water, a newer water heater, and newer A/C units. The offering is presented as approximately 3,000 square feet across two levels, with 1,500 square feet downstairs and 1,500 square feet upstairs.
Key Highlights
- Two‑story office building totaling 3,000 SF on 0.24 acres, with 1,500 SF downstairs and 1,500 SF upstairs
- Upstairs features two separate suites, and each suite has its own bathroom
- Downstairs has two separate entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,430
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,600
$848.6K
Cap Rate 7%
$606,143
$606.1K
Cap Rate 9%
$471,444
$471.4K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$68.2K $24.00/SF
− Vacancy
−$11.6K −$4.08/SF
EGI
$56.6K $19.92/SF
− OpEx
−$14.1K −$4.98/SF
NOI
$42.4K $14.94/SF
Area
Seminole County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,600
Cap Rate 7%
$606,143
Cap Rate 9%
$471,444
Alternative Uses
Best Use
Office B
$606.1K
$530.4K – $707.2K
NOI $42,430 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$808.2K
$707.2K – $942.9K
NOI $56,573 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 32765, FL
65,228
Population
23,389
Households
2.8
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
39.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$99,161
Median Household Income
$48,595
Median Earnings
$1,870
Median Rent
$418,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with two upstairs suites and two separate downstairs entrances, plus parking for 10.
Where is this office building located?
The property is located at 1001-131 W Broadway St Oviedo, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑story office building totaling 3,000 SF on 0.24 acres, with 1,500 SF downstairs and 1,500 SF upstairs; Upstairs features two separate suites, and each suite has its own bathroom; Downstairs has two separate entrances
