Freestanding Office
For Sale
$1,850,000
127 N MAGNOLIA Avenue, Orlando, FL 32801
SINGLE_FAMILY - ORLANDO, FL
Property Size3,280 SF
Lot Size0.15 Acres
Price / SF$564.02
Days on Market93
Property Features for 127 N MAGNOLIA Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
AC-3A/T
Subdivision
ROBERT R REIDS ADD
Lot features
Sidewalk, Street Lights
Directions
From Dr. Phillips Center, head north on Magnolia Avenue - 127 N. Magnolia Ave is two blocks up on your right.
Standard status
Active
APN
26-22-29-7352-31-022
Size
3,280 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ROBERT R REIDS ADDITION C/62 BEG 158 FTN OF SW COR LOT 2 RUN N 42 FT E 149 FT S29.4 FT E 38.25 FT TO MAGNOLIA AVE. S 12.6 FT W 187.25 FT TO BEG BLK 31
Tax Annual Amount
30866
Legal Description
ROBERT R REIDS ADDITION C/62 BEG 158 FTN OF SW COR LOT 2 RUN N 42 FT E 149 FT S29.4 FT E 38.25 FT TO MAGNOLIA AVE. S 12.6 FT W 187.25 FT TO BEG BLK 31
Utilities
Cooling system
Central Air
Building Details
Year built
1953
Floors in Building
1
Building materials
Block
Listing Agency:
COMPASS FLORIDA LLC
(407) 203-9441
Listed By:
Ahmad Hassan, PA · License #3305257
(718) 641-9358
Added: May 4
Changed: Jul 20
Last Checked: Aug 4 at 7:06AM
MLS# O6404435
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.
Freestanding office building with direct Magnolia Avenue frontage and signage exposure, designed for flexible day-to-day operations. The interior includes a defined reception area, open collaboration space, two conference rooms, and multiple private offices, with a signature aquarium feature wall. A rear office provides direct balcony access, supported by two bathrooms and a large kitchen/breakroom with cabinetry, sink, and refrigerator. Additional features include fiber-ready IT infrastructure and two A/C systems.
The property is positioned one block from Lake Eola Park and described as a walkable downtown location within Orlando’s Central Business District, with private gated parking located to the rear and accessed through the balcony entrance. The space is move-in ready and includes modular Steelcase Turnstone furnishings and writable wall surfaces, along with illuminated signage.
The property is positioned one block from Lake Eola Park and described as a walkable downtown location within Orlando’s Central Business District, with private gated parking located to the rear and accessed through the balcony entrance. The space is move-in ready and includes modular Steelcase Turnstone furnishings and writable wall surfaces, along with illuminated signage.
Key Highlights
- Freestanding commercial building with direct Magnolia Avenue frontage and signage exposure
- Private gated parking lot with multiple spaces, accessible from the rear balcony entrance
- Move‑in ready layout with reception, open collaboration area, 2 conference rooms, and multiple private offices
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 | $98.4k | $30.00 |
| − Vacancy | −$16.7k | −$5.10 |
| EGI | $81.7k | $24.90 |
| − OpEx | −$20.4k | −$6.23 |
| NOI | $61.3k | $18.67 |
3,280 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$875.1K
$765.7K – $1.02M
NOI $61,254 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$924.5K – $1.23M
NOI $73,962 @ 7.0% cap · market cap 4.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 32801, FL
17,728
Population
12,133
Households
1.5
Avg Household Size
36
Median Age
63%
College-Educated
95%
High-School Grad
2.2 sq mi
ZIP Area
8,058
Density / Sq Mi
$77,626
Median Household Income
$63,090
Median Earnings
$1,773
Median Rent
$397,600
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office with direct Magnolia Avenue frontage, private gated parking, and a move-in-ready interior layout.
Where is this office building located?
The property is located at 127 N MAGNOLIA Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Freestanding commercial building with direct Magnolia Avenue frontage and signage exposure; Private gated parking lot with multiple spaces, accessible from the rear balcony entrance; Move‑in ready layout with reception, open collaboration area, 2 conference rooms, and multiple private offices
