Two-Story Office Building with
131 W BROADWAY St 1001 Oviedo, FL 32765
For Sale
$875,000
Two-story office building with two upstairs suites, each with a bathroom, and parking for 10 vehicles.
Property Size3,000 SF
Lot Size0.24 Acres
Price / SF$291.67
Days on Market65
Property Features for 131 W BROADWAY St 1001
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.24 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing Agency:
Selective Realty Group
(407) 579-3434
Listed By:
Jack Luiz · License #581277
(407) 579-3434
Source:
Elliman
Added: May 20
Changed: Jul 23
Last Checked: Jul 23 at 5:31PM
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 Selective Realty Group
Investment Insights
Based on property information with market context.
This two-story office building offers 3,000 square feet of income-producing space with tenants in place. The first floor is configured with two separate entrances, while the upper level is divided into two separate suites, and each suite includes its own bathroom. The property is zoned MUD-HDC office commercial, which allows most office and commercial uses.
Located at 131 W Broadway St 1001 in Oviedo, the building provides parking for 10 spaces. The property has received recent updates including a new roof, city water, a newer water heater, and a newer A/C unit.
Downstairs totals 1,500 square feet and upstairs totals 1,500 square feet, supporting a flexible internal layout for an owner-operator or an investor seeking continued in-place tenancy.
Located at 131 W Broadway St 1001 in Oviedo, the building provides parking for 10 spaces. The property has received recent updates including a new roof, city water, a newer water heater, and a newer A/C unit.
Downstairs totals 1,500 square feet and upstairs totals 1,500 square feet, supporting a flexible internal layout for an owner-operator or an investor seeking continued in-place tenancy.
Key Highlights
- Two‑story office building built in 1986 with 3,000 SF on a 0.24‑acre lot
- Upstairs features two separate suites, and each suite includes its own bathroom
- Downstairs offers 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 | $72.0k | $24.00 |
| − Vacancy | −$12.2k | −$4.08 |
| EGI | $59.8k | $19.92 |
| − OpEx | −$14.9k | −$4.98 |
| NOI | $44.8k | $14.94 |
3,000 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$640.3K
$560.3K – $747.0K
NOI $44,820 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$853.7K
$747.0K – $996.0K
NOI $59,760 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
H&H Survey Consultants
Land Surveyor
Southeastern Meat Association
Butcher
Cleveland the barber
Barber Shop
Menschner & Associates Co
Crisis Center
The Raw Beauty Co.
Spa & Massage Center
FAQs
What type of property is this?
Office building - Two-story office building with two upstairs suites, each with a bathroom, and parking for 10 vehicles.
Where is this office building located?
The property is located at 131 W BROADWAY St 1001 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 built in 1986 with 3,000 SF on a 0.24‑acre lot; Upstairs features two separate suites, and each suite includes its own bathroom; Downstairs offers two separate entrances
