Two-Story Office Building with
For Sale
$875,000
131 W Broadway Street Unit 1001, Oviedo, FL 32765
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 Market307
Property Features for 131 W Broadway Street Unit 1001
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
10
Lot size
0.24 Acres
Property subtype
Commercial
Zoning
MUD-HDC
Building Details
Year Built
1986
Stories
2
Tenancy
Multi
Listing Agency:
LANDSHARK REALTY
Listed By:
Jack Luiz · License #581277
(407) 579-3434
Source:
Realtygroupfl
Added: Dec 17, 2025
Changed: Oct 19
Last Checked: Oct 19 at 9:47AM
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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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
Estimated NOI and Cap Rate
NOI / Yr
$44,820
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$896,400
$896.4K
Cap Rate 7%
$640,286
$640.3K
Cap Rate 9%
$498,000
$498.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$72.0K $24.00/SF
− Vacancy
−$12.2K −$4.08/SF
EGI
$59.8K $19.92/SF
− OpEx
−$14.9K −$4.98/SF
NOI
$44.8K $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%
$896,400
Cap Rate 7%
$640,286
Cap Rate 9%
$498,000
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 authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
832
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
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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, each with a bathroom, and parking for 10 vehicles.
Where is this office building located?
The property is located at 131 W Broadway Street Unit 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
