Mixed-Use Property with Three
1579 LAKE BALDWIN, Orlando, FL 32814
For Sale
$1,450,000
Flexible live-work configuration combines residential accommodations, a garage apartment, and a separately entered commercial suite.
Property Size3,150 SF
Days on Market55
Property Features for 1579 LAKE BALDWIN
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Ahmad Hassan, PA · License FL #3305257
(718) 641-9358
Source:
Elliman
Added: Sep 18
Changed: Sep 29
Last Checked: Nov 10 at 7:17AM
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
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Investment Insights
Based on property information with market context.
Built in 2006 and recently improved, this mixed-use property combines a primary townhome, a garage apartment, and a commercial suite. The townhome includes hardwood flooring, an open living arrangement, plantation shutters, surround sound, a kitchen with stone counters and premium appliances, a walk-in pantry, three bedrooms, multiple baths, a laundry room, and a private balcony. The apartment offers a separate entrance, open kitchen and living space, a walk-in closet, and an updated full bath. At the front, the commercial suite has its own entrance, two rooms, and a full bath.
Each of the three units has individual electric and water meters with separate utility accounts. The property also includes a rear two-car garage and additional parking. It is located at 1579 Lake Baldwin in Orlando, near Lake Baldwin, Publix, boutique shopping, dining, parks, community pools, fitness centers, walking trails, and dog park access. Baldwin Park amenities include three resort-style swimming pools, two fitness centers, and a 2.5-mile trail around Lake Baldwin. Walk Score and Bike Score are both 75, while Transit Score is 31.
Each of the three units has individual electric and water meters with separate utility accounts. The property also includes a rear two-car garage and additional parking. It is located at 1579 Lake Baldwin in Orlando, near Lake Baldwin, Publix, boutique shopping, dining, parks, community pools, fitness centers, walking trails, and dog park access. Baldwin Park amenities include three resort-style swimming pools, two fitness centers, and a 2.5-mile trail around Lake Baldwin. Walk Score and Bike Score are both 75, while Transit Score is 31.
Key Highlights
- Three‑unit configuration includes a townhome, garage apartment, and commercial suite
- Individual electric and water meters serve each of the three units
- Commercial suite has a private entrance, two rooms, and a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,826
Cap Rate
4.06%
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
NOI $58,826 @ 7.0% cap · market cap 4.06%
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.
How Realmo checks its estimates
Property Analytics
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
$751,400
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Orlando, FL
Properties on Market for Mixed-use properties in Orlando
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible live-work configuration combines residential accommodations, a garage apartment, and a separately entered commercial suite.
Where is this mixed-use property located?
The property is located at 1579 LAKE BALDWIN 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 includes a townhome, garage apartment, and commercial suite; Individual electric and water meters serve each of the three units; Commercial suite has a private entrance, two rooms, and a full bath
