Two-Story Office Building with
1001-131 W Broadway St Oviedo, FL 32765
For Sale
$875,000
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 Market72
Property Features for 1001-131 W Broadway St
General Information
Standard status
Active
Size
2,840 SF
Listing Agency:
LANDSHARK REALTY
(407) 579-3434
Listed By:
Jack Luiz · License #581277
(407) 579-3434
Source:
Exprealty
Added: May 19
Changed: Jul 28
Last Checked: Jul 28 at 4:48AM
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
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 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 | $68.2k | $24.00 |
| − Vacancy | −$11.6k | −$4.08 |
| EGI | $56.6k | $19.92 |
| − OpEx | −$14.1k | −$4.98 |
| NOI | $42.4k | $14.94 |
2,840 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
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.
Property Analytics
Location Intelligence
Current Use
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
