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Mixed-Use Property with Garage Apartment
For Sale
$1,245,000
Pending

1531 LAKE BALDWIN LANE, Orlando, FL 32814

Live-work configuration includes a townhome, commercial office, and separate apartment.

Property Size3,150 SF
Days on Market533

Property Features for 1531 LAKE BALDWIN LANE

General Information

Standard status Pending
Size 3,150 SF
Total Parking Spaces 2
Property subtype Multi Family

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x 5BR/4.5BA, 1 x 1BR/1BA
Multifamily Units 2
Office Units 1

Additional Details

Floor First Floor

Taxes and HOA fees

Annual Taxes $14,443

Building Details

Year Built 2006
Listing Agency: COMPASS FLORIDA LLC
Listed By: Ahmad Hassan, PA · License #3305257
Source: Exitrealty
Added: May 1, 2025 Changed: Oct 11 Last Checked: Oct 11 at 4:56AM

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 COMPASS FLORIDA LLC

Investment Insights

Based on property information with market context.

This 3,150-square-foot mixed-use property, built in 2006, combines a five-bedroom, four-and-a-half-bath townhome with a separate garage apartment and first-floor commercial office. The residence features engineered hardwood flooring, an open kitchen and living arrangement, quartz counters, a custom island, stainless steel appliances, a walk-in pantry, cathedral ceilings, large windows, a primary suite with two walk-in closets, and a spa-style bath. A private balcony, laundry room, and rear two-car garage add functional space.

The apartment has a private entrance, open living and kitchen areas, a walk-in closet, and a full bath. The office component includes its own entrance, reception lounge, private office, and updated full bath. Located at 1531 Lake Baldwin Lane in Orlando’s Baldwin Park, the property is near Publix, boutique shopping, restaurants, three resort-style swimming pools, two fitness centers, and a 2.5-mile trail around Lake Baldwin. Downtown Orlando and area highways are minutes away.

Key Highlights

  • 3,150 SF mixed‑use property built in 2006
  • Five‑bedroom, four‑and‑a‑half‑bath townhome with two‑car garage
  • Three‑part configuration: townhome, garage apartment, and commercial office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,826
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,176,520 $1.2M
Cap Rate 7%
$840,371 $840.4K
Cap Rate 9%
$653,622 $653.6K
Market Conditions
NOI Build-Up for 3,150 SF
Gross rent
$94.5K $30.00/SF
− Vacancy
−$16.1K −$5.10/SF
EGI
$78.4K $24.90/SF
− OpEx
−$19.6K −$6.23/SF
NOI
$58.8K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,176,520
Cap Rate 7%
$840,371
Cap Rate 9%
$653,622

Alternative Uses

Best Use
Office B
$840.4K
$735.3K – $980.4K (±1% cap)
NOI $58,826 @ 7.0% cap · market cap 4.72%
Second Best
Mixed Use
$594.0K
$519.8K – $693.0K (±1% cap)
NOI $41,580 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.01M
$887.9K – $1.18M (±1% cap)
NOI $71,031 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

İşte Amerika Freight Service

Suggested Use

Top Pick Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

956
Businesses Nearby

Demographics for 32814, FL

9,218
Population
4,533
Households
2
Avg Household Size
35
Median Age
81%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
7,682
Density / Sq Mi
$129,712
Median Household Income
$67,578
Median Earnings
$2,224
Median Rent
$751,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Orlando, FL

9.5% 2019
11.2% 2020
13.2% 2021
13.7% 2022
15.5% 2023
17% 2024
17.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Live-work configuration includes a townhome, commercial office, and separate apartment.
Where is this mixed-use property located?
The property is located at 1531 LAKE BALDWIN LANE Orlando, FL.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: 3,150 SF mixed‑use property built in 2006; Five‑bedroom, four‑and‑a‑half‑bath townhome with two‑car garage; Three‑part configuration: townhome, garage apartment, and commercial office
More about this property
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