Mixed-Use Property with Dual
For Sale
$435,000
130 S Bumby Avenue Unit 5, Orlando, FL 32803
Flexible residential and office configuration with separate access, updated roofing, and mixed-use zoning.
Property Size2,200 SF
Price / SF$197.73
Days on Market134
Property Features for 130 S Bumby Avenue Unit 5
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Mixed Use
Zoning
Residential + Office
Units
Unit Mix
1 x 2BR/2.5BA
Multifamily Units
1
Office Units
1
Additional Details
Floor
First Floor
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,391
Amenities
handicap-accessible restroom
private front entrance
Central Air
3
Building Details
Year Built
2004
Year Renovated
2025
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
NEW HEIGHTS REALTY GROUP
(407) 934-0305
Listed By:
Lili Rodriguez
Source:
Xome
Added: Apr 22
Changed: Aug 30
Last Checked: Aug 31 at 2:40PM
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 NEW HEIGHTS REALTY GROUP
Investment Insights
Based on property information with market context.
This mixed-use property combines an office suite with a multi-level residential townhome under one ownership. The first-floor Unit A contains approximately 800 SF, two offices, a handicap-accessible restroom, and a private front entry. Unit B spans the second and third floors across 1,400 SF, with an open living, dining, and kitchen area, granite countertops, a half bath, in-unit laundry, garage access, and a private lanai. The upper level includes two bedrooms, each with a walk-in closet and en-suite bathroom, along with a rooftop terrace. The roof was replaced in 2025, and the property was built in 2004.
Zoned for mixed use with residential and office components, the layout supports owner occupancy, a live/work arrangement, or separate residential and business use. Unit A has street parking along Bumby Ave, while Unit B has a private rear entrance near the garage. The property is in the Milk District, with Downtown Orlando, dining, retail, and entertainment nearby.
Zoned for mixed use with residential and office components, the layout supports owner occupancy, a live/work arrangement, or separate residential and business use. Unit A has street parking along Bumby Ave, while Unit B has a private rear entrance near the garage. The property is in the Milk District, with Downtown Orlando, dining, retail, and entertainment nearby.
Key Highlights
- 2,200 SF mixed‑use property with separate residential and office components
- Unit A: approximately 800 SF, two‑office suite with handicap‑accessible restroom
- Unit B: 1,400 SF, two‑story residential townhome with two en‑suite bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,040
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$580,800
$580.8K
Cap Rate 7%
$414,857
$414.9K
Cap Rate 9%
$322,667
$322.7K
Market Conditions
NOI Build-Up for 2,200 SF
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.
Gross rent
$52.8K $24.00/SF
− Vacancy
−$6.3K −$2.88/SF
EGI
$46.5K $21.12/SF
− OpEx
−$17.4K −$7.92/SF
NOI
$29.0K $13.20/SF
Area
Orlando, FL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$580,800
Cap Rate 7%
$414,857
Cap Rate 9%
$322,667
Alternative Uses
Best Use
Office B
$586.9K
$513.6K – $684.8K
NOI $41,085 @ 7.0% cap · market cap 9.44%
Second Best
Mixed Use
$414.9K
$363.0K – $484.0K
NOI $29,040 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$708.7K
$620.1K – $826.8K
NOI $49,609 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
1
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Explore this area
Business Placement
Demographics for 32803, FL
21,003
Population
12,225
Households
1.7
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
3,089
Density / Sq Mi
$101,401
Median Household Income
$61,439
Median Earnings
$1,823
Median Rent
$421,300
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible residential and office configuration with separate access, updated roofing, and mixed-use zoning.
Where is this mixed-use property located?
The property is located at 130 S Bumby Avenue Unit 5 Orlando, FL.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2,200 SF mixed‑use property with separate residential and office components; Unit A: approximately 800 SF, two‑office suite with handicap‑accessible restroom; Unit B: 1,400 SF, two‑story residential townhome with two en‑suite bedrooms
