Mixed-Use Property with Three
New
For Sale
$1,450,000
1579 LAKE BALDWIN Lane, Orlando, FL 32814
Residential Income, ORLANDO, FL
Property Size3,150 SF
Lot Size0.09 Acres
Price / SF$460.32
Days on Market2
Property Features for 1579 LAKE BALDWIN Lane
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Property condition
Under Construction
Zoning
PD
Parking features
Garage, Driveway, On Street
Patio and Porch features
Porch, Patio
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, PrimaryBedroom Upstairs, Split Bedroom, Thermostat, Walk-In Closet(s)
Exterior features
Courtyard, Lighting, Rain Gutters, Sidewalk, Sprinkler Metered
Subdivision
BALDWIN PARKA
Elementary school
Baldwin Park Elementary
Middle school
Glenridge Middle
High school
Winter Park High
Directions
Head N on Bennet rd, turn right on New Broad st, turn right on Common way rd, turn left on Lake Baldwin ln, property will be on the right.
Standard status
Active
APN
21-22-30-0531-01-471
Size
3,150 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BALDWIN PARK UNIT 8A 61/77 LOT 1471
Tax Annual Amount
15903
Legal Description
BALDWIN PARK UNIT 8A 61/77 LOT 1471
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
surround sound
plantation shutters
laundry room
private balcony
Building Details
Year built
2006
Floors in Building
2
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
COMPASS FLORIDA LLC
(407) 203-9441
Listed By:
Ahmad Hassan, PA · License #3305257
(718) 641-9358
Added: Sep 17
Changed: Sep 18
Last Checked: Sep 18 at 7:06PM
MLS# O6442737
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 mixed-use property comprises 3,150 square feet on a 0.09-acre lot and is arranged as three distinct units: a townhome, a garage apartment, and a front commercial suite. The townhome includes hardwood flooring, an open layout, plantation shutters, surround sound, a kitchen with stone counters and island seating, a walk-in pantry, a primary suite with two walk-in closets, and a private balcony serving two secondary bedrooms. The commercial space has its own entrance, two rooms, and a full bath, while the apartment offers a separate entry, open kitchen and living area, walk-in closet, and updated full bath.
Each unit has individual electric and water meters. The property also includes a rear two-car garage, driveway and on-street parking, central heating and cooling, public water and sewer, and a shingle roof. Located at 1579 Lake Baldwin Lane in Orlando, the property is across from Publix, boutique shopping, and dining, with Lake Baldwin, parks, pools, fitness centers, and walking trails nearby.
Each unit has individual electric and water meters. The property also includes a rear two-car garage, driveway and on-street parking, central heating and cooling, public water and sewer, and a shingle roof. Located at 1579 Lake Baldwin Lane in Orlando, the property is across from Publix, boutique shopping, and dining, with Lake Baldwin, parks, pools, fitness centers, and walking trails nearby.
Key Highlights
- Three‑unit configuration with a townhome, garage apartment, and commercial suite
- 3,150 square feet on a 0.09‑acre lot
- Separate electric and water meters for all three units
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
$44,689
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
3.08%
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%
$893,780
$893.8K
Cap Rate 7%
$638,414
$638.4K
Cap Rate 9%
$496,544
$496.5K
Market Conditions
NOI Build-Up for 3,150 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
$68.0K $21.60/SF
− Vacancy
−$4.2K −$1.33/SF
EGI
$63.8K $20.27/SF
− OpEx
−$19.2K −$6.08/SF
NOI
$44.7K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$893,780
Cap Rate 7%
$638,414
Cap Rate 9%
$496,544
Alternative Uses
Best Use
Multifamily LT 5
$638.4K
$558.6K – $744.8K
NOI $44,689 @ 7.0% cap · market cap 3.08%
Second Best
Mixed Use
$594.0K
$519.8K – $693.0K
NOI $41,580 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.01M
$887.9K – $1.18M
NOI $71,031 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible live-work configuration combining a townhome, garage apartment, and separately entered commercial suite.
Where is this mixed-use property located?
The property is located at 1579 LAKE BALDWIN Lane Orlando, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Three‑unit configuration with a townhome, garage apartment, and commercial suite; 3,150 square feet on a 0.09‑acre lot; Separate electric and water meters for all three units
