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Three-Unit Mixed-Use Property

1579 LAKE BALDWIN Lane, Orlando, FL 32814

For Sale
$1,398,000

Residential Income, ORLANDO, FL

Property Size3,150 SF
Lot Size0.09 Acres
Price / SF$443.81
Days on Market51

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 Driveway, Garage, 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

Additional Details

Individually Metered Utilities electricity, water

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

garage
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
Listed By: Ahmad Hassan, PA · License #3305257
Added: Sep 17 Changed: Nov 6 Last Checked: Nov 6 at 9:06PM
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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 3,150-square-foot property occupies a 0.09-acre parcel and contains three separately metered spaces: a townhome, a garage apartment, and a commercial suite. The front commercial space has a private entrance, two rooms, and a full bathroom. The townhome includes an open kitchen and living area, three bedrooms, a laundry room, and a balcony shared by two secondary bedrooms. The apartment has its own entrance, kitchen and living area, full bathroom, and walk-in closet. The property was built in 2006 and is zoned PD.

Located in Baldwin Park, the property is steps from Lake Baldwin, parks, community pools, fitness centers, and walking trails. Publix, shopping, and dining are across the street; Downtown Orlando and Winter Park are also nearby. The property includes a rear two-car garage, driveway, and on-street parking.

Key Highlights

  • Three distinct spaces: a townhome, garage apartment, and commercial suite
  • 3,150 square feet on a 0.09‑acre parcel
  • Each of the three spaces has separate electric and water meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,580
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,600 $831.6K
Cap Rate 7%
$594,000 $594.0K
Cap Rate 9%
$462,000 $462.0K
Market Conditions
NOI Build-Up for 3,150 SF
Gross rent
$75.6K $24.00/SF
− Vacancy
−$9.1K −$2.88/SF
EGI
$66.5K $21.12/SF
− OpEx
−$24.9K −$7.92/SF
NOI
$41.6K $13.20/SF
Area
Orlando, FL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,600
Cap Rate 7%
$594,000
Cap Rate 9%
$462,000

Alternative Uses

Best Use
Mixed Use
$594.0K
$519.8K – $693.0K (±1% cap)
NOI $41,580 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$583.2K
$510.3K – $680.4K (±1% cap)
NOI $40,821 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$1.01M
$887.9K – $1.18M (±1% cap)
NOI $71,031 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Serendipity Yoga Gym & Fitness Center Serendipity Birthing Gym & Fitness Center Healthy Glow Medical Medical Clinic

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

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

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

Average Price Trend$/SF for Mixed-use properties in Orlando, FL

$329 Jul
$423 Aug
$369 Sep
$397 Oct

Properties on Market for Mixed-use properties in Orlando

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three separately metered components combine residential space with a street-facing 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 $1,398,000.
What are key features of this property?
This property features: Three distinct spaces: a townhome, garage apartment, and commercial suite; 3,150 square feet on a 0.09‑acre parcel; Each of the three spaces has separate electric and water meters
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