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Maitland Freestanding Professional Office Building

159 LOOKOUT PLACE Maitland, FL 32751

159 LOOKOUT PLACE, Maitland, FL, 32751
$1,200,000
Pending
For Sale
Claim this Listing
$1,200,000
Pending

Office - MAITLAND, FL

Property Size4,851 SF
Lot Size0.14 Acres
AddedFeb 21
Days on Market144
Last RefreshJul 15 at 7:06 pm

Property Features for 159 LOOKOUT PLACE

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
PD-NON
Exterior features
Paved
Standard status
Pending
APN
25-21-29-4091-00-020
Size
4,851 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
20393

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1991
Flooring type
Carpet
Building materials
Frame, Stucco
Roof type
Shingle
Architectural style
Other

Listing agent David Weiss License #3479228

Listing office COLDWELL BANKER REALTY 5965 Red Bug Lake Rd # 101, Plant City, FL

Listing date Feb 21, 2026

MLS# O6381948 Listing URL

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.

Located in the heart of Maitland’s premier business district, 159 Lookout Place is a well-maintained, two-story freestanding professional office building. The property offers approximately 4,851 square feet and features a flexible layout suitable for law firms, accounting practices, financial advisors, or general professional users. The first floor is built out as a former attorney’s office and includes six private offices, a conference room, two communal/admin areas, a break room, and two common restrooms. The second floor is configured as general office space and includes two office suites, five private offices, and two shared restrooms. This level offers a value-add opportunity with light cosmetic updates and is well-suited for owner-users seeking additional rental income or investors repositioning the asset. The property presents an opportunity to own and occupy a portion of the building while leasing the remaining space. Its flexible configuration supports multi-tenant use and future leasing strategies. The property is located within the Keewin / Lookout Pointe Office Park, a well-maintained professional environment with strong occupancy and consistent demand. The surrounding area offers excellent demographics, accessibility, and long-term value stability. It is located near Maitland Blvd and Maitland Avenue, with convenient access to Interstate 4 and US-17/92, and minutes from Maitland Town Centre.

Key Highlights

  • Prime Maitland location with convenient access to I‑4 and US‑17/92.
  • Flexible 4,915 SF layout ideal for various professional uses.
  • Investment and owner‑user opportunity to occupy a portion while leasing the rest.

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 $116.4k $24.00
− Vacancy −$19.8k −$4.08
EGI $96.6k $19.92
− OpEx −$24.2k −$4.98
NOI $72.5k $14.94
4,851 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.04M
$905.9K – $1.21M (±1% cap)
NOI $72,474 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,632 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Lim Law, P.A. Law Firm Millennium Settlements Insurance Agency

Suggested Use

Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Garden Center Storage Facility Grocery & Convenience Store Pharmacy Auto Parts Store Restaurant Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two-story office building in Maitland's business district.
Where is this office building located?
The property is located at 159 LOOKOUT PLACE Maitland, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime Maitland location with convenient access to I‑4 and US‑17/92.; Flexible 4,915 SF layout ideal for various professional uses.; Investment and owner‑user opportunity to occupy a portion while leasing the rest.
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