Street-Facing Mixed-Use
New
For Sale
$415,000
136 S BUMBY Avenue, Orlando, FL 32803
Commercial Sale, ORLANDO, FL
Property Size2,200 SF
Lot Size0.02 Acres
Price / SF$188.64
Days on Market7
Property Features for 136 S BUMBY Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
O-1/T/AN
Subdivision
CHURCH STREET TERRACE CONDO
Directions
Head toward N Thornton Ave on E Colonial Dr (US-17/US-92). Turn right onto N Mills Ave (SR-15). Turn left onto E Robinson St (SR-526). Turn right onto N Bumby Ave.
Standard status
Active
APN
30-22-30-1357-00-020
Size
2,200 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CHURCH STREET TERRACE CONDO 7411/2 UNIT2
Tax Annual Amount
5713
Legal Description
CHURCH STREET TERRACE CONDO 7411/2 UNIT2
Utilities
Cooling system
Central Air
Amenities
handicap-accessible half bath
Building Details
Year built
2004
Building materials
Stone, Frame
Listing Agency:
KELLER WILLIAMS REALTY AT THE PARKS
(407) 629-4420
Listed By:
Thomas Nickley, Jr · License #3275393
(321) 945-1152
Added: Sep 14
Changed: Sep 20
Last Checked: Sep 20 at 2:06PM
MLS# O6442494
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.
This 2,200-square-foot mixed-use condominium combines approximately 800 square feet of street-level commercial space with an approximately 1,400-square-foot, two-story residential unit. The office component includes multiple rooms, a private entrance, and a handicap-accessible half bath. Above, the residential layout provides living, dining, and kitchen areas, a second half bath, laundry, garage access, and a private balcony. Two bedroom suites occupy the upper level, each with an en-suite bathroom and walk-in closet. Additional outdoor space includes a third-floor balcony and a rooftop terrace over the garage with updated decking.
Positioned at 136 S Bumby Avenue in Orlando, the property has direct street frontage and visibility. It is located in the Lawsona-Fern Creek/Milk District area, near Downtown Orlando, Thornton Park, Lake Eola, Dickson Azalea Park, restaurants, coffee shops, shopping, and entertainment. SR 408 and other major roadways provide convenient regional access. The property is zoned O-1/T/AN and was built in 2004.
Positioned at 136 S Bumby Avenue in Orlando, the property has direct street frontage and visibility. It is located in the Lawsona-Fern Creek/Milk District area, near Downtown Orlando, Thornton Park, Lake Eola, Dickson Azalea Park, restaurants, coffee shops, shopping, and entertainment. SR 408 and other major roadways provide convenient regional access. The property is zoned O-1/T/AN and was built in 2004.
Key Highlights
- Approximately 2,200 square feet combining commercial and residential components
- Approximately 800 SF of street‑level commercial space with direct frontage on S Bumby Avenue
- Approximately 1,400 SF two‑story residential unit with two bedroom suites
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
7.00%
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 9.90%
Second Best
Mixed Use
$414.9K
$363.0K – $484.0K
NOI $29,040 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$708.7K
$620.1K – $826.8K
NOI $49,609 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Office space fronts S Bumby Avenue with a separate residential unit above and distinct entrances for flexible occupancy.
Where is this mixed-use property located?
The property is located at 136 S BUMBY Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Approximately 2,200 square feet combining commercial and residential components; Approximately 800 SF of street‑level commercial space with direct frontage on S Bumby Avenue; Approximately 1,400 SF two‑story residential unit with two bedroom suites
