Maitland Freestanding Professional Office
159 LOOKOUT PLACE Maitland, FL 32751
159 LOOKOUT PLACE, Maitland, FL, 32751
$1,200,000
Pending
For Sale
$1,200,000
Pending
Office - MAITLAND, FL
Property Size4,851 SF
Lot Size0.14 Acres
Days on Market149
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 Agency
COLDWELL BANKER REALTY
(407) 696-8000
5965 Red Bug Lake Rd # 101, Plant City, FL
Listed by
David Weiss · License #3479228
(407) 765-9020
Added: Feb 21 Checked: Jul 20 at 2:06 am
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
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
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
Similar For Sale Nearby
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.
