Renovated Mixed-Use
For Sale
$1,399,000
1567 Lake Baldwin Ln, Orlando, FL 32814
Three-unit work-live configuration combines a townhome, garage apartment, and street-facing commercial suite.
Property Size3,129 SF
Price / SF$447.11
Days on Market15
Property Features for 1567 Lake Baldwin Ln
General Information
Standard status
Active
Size
3,129 SF
Property subtype
Multi-Family
Building Details
Year Built
2006
Listing Agency:
COMPASS FLORIDA LLC
(407) 203-9441
Listed By:
Ahmad Hassan, PA · License #3305257
Source:
Globalsapphirerealty
Added: Aug 15
Changed: Aug 29
Last Checked: Aug 29 at 2:37PM
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.
Completed in 2006, this 3,129-square-foot mixed-use property has undergone a comprehensive renovation with new roofing, HVAC units, and updated interior finishes. The layout includes a townhome, a separate garage apartment, and a front commercial suite with its own entrance, two rooms, and a full bathroom. The residence offers an open living arrangement, engineered hardwood flooring, a renovated kitchen with quartz surfaces and custom cabinetry, three bedrooms, multiple walk-in closets, remodeled bathrooms, a private balcony, and a dedicated laundry room. The apartment provides open-plan kitchen and living space, a walk-in closet, updated bathroom, and independent access.
Positioned on a tree-lined street in Baldwin Park, the property is steps from Lake Baldwin, Publix, boutique shopping, dining, parks, community pools, fitness centers, walking trails, and dog park access. A rear two-car garage and additional parking support the three-part configuration.
Positioned on a tree-lined street in Baldwin Park, the property is steps from Lake Baldwin, Publix, boutique shopping, dining, parks, community pools, fitness centers, walking trails, and dog park access. A rear two-car garage and additional parking support the three-part configuration.
Key Highlights
- 3,129 SF mixed‑use property with three distinct units
- Comprehensive renovation includes new roof, HVAC units, and updated finishes
- Front commercial suite has private entry, two rooms, and full bath
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
$58,434
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
4.18%
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%
$1,168,680
$1.2M
Cap Rate 7%
$834,771
$834.8K
Cap Rate 9%
$649,267
$649.3K
Market Conditions
NOI Build-Up for 3,129 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
$93.9K $30.00/SF
− Vacancy
−$16.0K −$5.10/SF
EGI
$77.9K $24.90/SF
− OpEx
−$19.5K −$6.23/SF
NOI
$58.4K $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 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%
$1,168,680
Cap Rate 7%
$834,771
Cap Rate 9%
$649,267
Alternative Uses
Best Use
Office B
$834.8K
$730.4K – $973.9K
NOI $58,434 @ 7.0% cap · market cap 4.18%
Second Best
Mixed Use
$590.0K
$516.3K – $688.4K
NOI $41,303 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$1.01M
$882.0K – $1.18M
NOI $70,557 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
956
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit work-live configuration combines a townhome, garage apartment, and street-facing commercial suite.
Where is this mixed-use property located?
The property is located at 1567 Lake Baldwin Ln Orlando, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 3,129 SF mixed‑use property with three distinct units; Comprehensive renovation includes new roof, HVAC units, and updated finishes; Front commercial suite has private entry, two rooms, and full bath
