Two-Story Office
For Sale
$875,000
131 W Broadway Street Unit 1001, Oviedo, FL 32765
Tenant-occupied office property with separate suites, multiple entrances, updated building systems, and on-site parking.
Property Size3,000 SF
Lot Size0.24 Acres
Price / SF$291.67
Days on Market145
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
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1986
Buildings
1
Stories
2
Building Size
3,000 SF
Tenancy
Multi
Listing Agency:
LANDSHARK REALTY
(407) 579-3434
Listed By:
Jack Luiz · License #581277
Source:
Realtygroupfl
Added: Mar 8
Changed: Jul 31
Last Checked: Jul 31 at 8:52AM
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 contains 3,000 square feet on a .24-acre site, with 1,500 square feet on each floor. The upstairs includes two separate suites, each with its own bathroom, while the downstairs offers two separate entrances. The property includes parking for 10 spaces and has tenants who have been in place for years.
Located at 131 W Broadway Street in downtown Oviedo, the property is zoned MUD-HDC office commercial, allowing most office and commercial uses. Building updates include a new roof, newer water heater, newer A/C unit, and city water service. Constructed in 1986, the property offers a multi-suite office configuration with established occupancy.
Located at 131 W Broadway Street in downtown Oviedo, the property is zoned MUD-HDC office commercial, allowing most office and commercial uses. Building updates include a new roof, newer water heater, newer A/C unit, and city water service. Constructed in 1986, the property offers a multi-suite office configuration with established occupancy.
Key Highlights
- 3,000‑square‑foot two‑story office building on a .24‑acre site
- 1,500 square feet downstairs and 1,500 square feet upstairs
- Upstairs includes two separate suites, each with a bathroom
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 authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Tenant-occupied office property with separate suites, multiple entrances, updated building systems, and on-site parking.
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: 3,000‑square‑foot two‑story office building on a .24‑acre site; 1,500 square feet downstairs and 1,500 square feet upstairs; Upstairs includes two separate suites, each with a bathroom
