Mixed-Use Property with Event
For Sale
$990,000
150 W 11th St, Chuluota, FL 32766
Four road-fronting lots combine commercial office space with a two-story event structure.
Property Size1,962 SF
Price / SF$504.59
Days on Market80
Property Features for 150 W 11th St
General Information
Standard status
Active
Size
1,962 SF
Taxes and HOA fees
Annual Taxes
$4,111
Listing Agency:
GLOBAL PROPERTIES SALES & MGMT
(407) 432-2952
Listed By:
Joe Cremonese · License #3329031
(407) 432-2952
Source:
Exprealty
Added: May 15
Changed: Aug 1
Last Checked: Aug 1 at 4:39AM
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 GLOBAL PROPERTIES SALES & MGMT
Investment Insights
Based on property information with market context.
This mixed-use property comprises four lots with frontage along SR 419, also identified as Chuluota Road, and West 11th Street. The property includes a commercial office building positioned on SR 419 and a two-story gambrel-style structure at the rear that is currently used as an events venue. The reported property size is 1962.
Each lot has road frontage on West 11th Street, while the overall site is just shy of a full acre. The address is 150 W 11th St in Chuluota, Florida. Existing improvements support both office and event-related commercial use within the same property.
Each lot has road frontage on West 11th Street, while the overall site is just shy of a full acre. The address is 150 W 11th St in Chuluota, Florida. Existing improvements support both office and event-related commercial use within the same property.
Key Highlights
- Four‑lot mixed‑use property just shy of a full acre
- Frontage on SR 419 (Chuluota Road) and West 11th Street
- All four lots have road frontage on W 11th Street
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 | $47.1k | $24.00 |
| − Vacancy | −$8.0k | −$4.08 |
| EGI | $39.1k | $19.92 |
| − OpEx | −$9.8k | −$4.98 |
| NOI | $29.3k | $14.94 |
1,962 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$418.7K
$366.4K – $488.5K
NOI $29,312 @ 7.0% cap · market cap 2.96%
Second Best
Mixed Use
$370.0K
$323.7K – $431.6K
NOI $25,898 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$558.3K
$488.5K – $651.4K
NOI $39,083 @ 7.0% cap · market cap 3.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 32766, FL
16,541
Population
5,023
Households
3.3
Avg Household Size
40
Median Age
53%
College-Educated
95%
High-School Grad
43.8 sq mi
ZIP Area
378
Density / Sq Mi
$146,215
Median Household Income
$61,190
Median Earnings
$2,150
Median Rent
$529,600
Median Home Value
Market
Properties on Market for Mixed-use properties in Seminole County
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four road-fronting lots combine commercial office space with a two-story event structure.
Where is this mixed-use property located?
The property is located at 150 W 11th St Chuluota, FL.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Four‑lot mixed‑use property just shy of a full acre; Frontage on SR 419 (Chuluota Road) and West 11th Street; All four lots have road frontage on W 11th Street
