Professional Office Suite with Multiple
1619 E Vine St Kissimmee, FL 34744
1619 E Vine St, Kissimmee, FL, 34744
$829,900
For Sale
$829,900
Office unit includes reception, 11 offices, conference room, and two entry doors supporting flexible business occupancy.
Property Size2,911 SF
Price / SF$285.09
Days on Market22
Property Features for 1619 E Vine St
General Information
- Standard status
- Active
- Size
- 2,911 SF
Listing agency
GOLDEN PALMS REALTY OF FLORIDA
(407) 922-2000
Listed by
Cheryl Grieb · License #3006738
(407) 922-2000
Source
Exprealty
Added: Jun 30 Updated: Jul 21 at 3:39AM Checked: Jul 21 at 3:39AM
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 GOLDEN PALMS REALTY OF FLORIDA
Investment Insights
Based on property information with market context.
This centrally located professional office unit offers a reception and waiting area, a receptionist office, 11 additional offices, a conference room, storage room, men’s and women’s restrooms, and a kitchenette. The building is configured with two front entry doors and two rear entry doors, which can allow it to accommodate two different businesses.
The property is located off Hwy 192 between Kissimmee and St. Cloud. It sits across the street from the entrance to NeoCity, and Valencia College is on the block just west of the building.
For practical day-to-day use, the layout supports a mix of client-facing and private work areas, with shared restroom and kitchenette facilities in place.
The property is located off Hwy 192 between Kissimmee and St. Cloud. It sits across the street from the entrance to NeoCity, and Valencia College is on the block just west of the building.
For practical day-to-day use, the layout supports a mix of client-facing and private work areas, with shared restroom and kitchenette facilities in place.
Key Highlights
- Professional office unit centrally located between Kissimmee and St. Cloud off Hwy 192.
- Interior layout includes reception/waiting area, receptionist office, 11 offices, and a conference room.
- Includes storage room, men's and women's restrooms, and a kitchenette.
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 | $61.1k | $21.00 |
| − Vacancy | −$13.4k | −$4.62 |
| EGI | $47.7k | $16.38 |
| − OpEx | −$11.9k | −$4.10 |
| NOI | $35.8k | $12.29 |
2,911 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$510.9K
$447.0K – $596.0K
NOI $35,762 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$699.5K
$612.1K – $816.1K
NOI $48,968 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
BCI Technologies
(Bike/Boat/Book/etc) Store
Power Rich System
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office unit includes reception, 11 offices, conference room, and two entry doors supporting flexible business occupancy.
Where is this office units located?
The property is located at 1619 E Vine St Kissimmee, FL.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: Professional office unit centrally located between Kissimmee and St. Cloud off Hwy 192.; Interior layout includes reception/waiting area, receptionist office, 11 offices, and a conference room.; Includes storage room, men's and women's restrooms, and a kitchenette.
