Winter Park Office Space For
157 E NEW ENGLAND AVENUE #302 Winter Park, FL 32789
157 E NEW ENGLAND AVENUE #302, Winter Park, FL, 32789
$425,000
For Sale
$425,000
940 SF office space near Park Avenue in Winter Park.
Property Size940 SF
Price / SF$452.13
Days on Market68
Property Features for 157 E NEW ENGLAND AVENUE #302
General Information
- Standard status
- Active
- Size
- 940 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1956
Listing Agency
SANDRONI HOLDINGS REAL ESTATE LLC
(407) 509-2911
Listed by
DANTE SANDRONI
Source
Corcoran
Added: May 11 Checked: Jul 17 at 2:47 am
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 SANDRONI HOLDINGS REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This 940-square-foot office space is located in the heart of Winter Park, just steps from Park Avenue. The suite features a functional layout with two separate entrances, an uncommon feature in most office spaces. The location is walkable to popular destinations, including New General and AVA MediterrAegean. This property is ideal for professionals seeking a refined office presence in one of Central Florida’s most desirable business districts.
Key Highlights
- Prime office space in the heart of Winter Park, a highly desirable business district.
- Highly functional 940‑square‑foot suite.
- Rare layout with two separate entrances.
Local 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 | $22.6k | $24.00 |
| − Vacancy | −$3.8k | −$4.08 |
| EGI | $18.7k | $19.92 |
| − OpEx | −$4.7k | −$4.98 |
| NOI | $14.0k | $14.94 |
940 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.6K
$175.6K – $234.1K
NOI $14,044 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$267.5K
$234.1K – $312.1K
NOI $18,725 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Florida Compass Group
Consultant
Estate Buying Group ...
Discount Store
Riggins T Valton ...
Dental Office
Lin Rhodes Wellness ...
Counselor
Bankston Carolyn A
Foster Care Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 940 SF office space near Park Avenue in Winter Park.
Where is this office units located?
The property is located at 157 E NEW ENGLAND AVENUE #302 Winter Park, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime office space in the heart of Winter Park, a highly desirable business district.; Highly functional 940‑square‑foot suite.; Rare layout with two separate entrances.
