Leased Restaurant
For Sale
$750,000
1711 AMAZING Way, Ocoee, FL 34761
Commercial Sale, OCOEE, FL
Property Size1,434 SF
Lot Size0.03 Acres
Price / SF$523.01
Days on Market193
Property Features for 1711 AMAZING Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Subdivision
INSPIRATION TOWN CENTER BLDG #
Directions
On Main Street in Windermere, head north; continue onto Maguire Road; turn left onto Tomyn Blvd; turn right onto Heller Blvd; at the roundabout, continue straight onto Amazing Way.
Standard status
Active
APN
30-22-28-3803-00-113
Size
1,434 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
INSPIRATION TOWN CENTER BUILDING #3 CONDOMINIUM 20220460762 UNIT 113
Tax Annual Amount
10318
Legal Description
INSPIRATION TOWN CENTER BUILDING #3 CONDOMINIUM 20220460762 UNIT 113
Utilities
Cooling system
Central Air
Water front features
Pond
Water front
1
Building Details
Year built
2021
Building materials
Block, Stucco
Listing Agency:
WRA BUSINESS & REAL ESTATE
(407) 512-1008
Listed By:
Daniel Pavel · License #3415625
(407) 747-3408
Added: Feb 9
Changed: Aug 20
Last Checked: Aug 21 at 1:06AM
MLS# O6378785
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.
This 1,434-square-foot restaurant unit was constructed in 2021 and is currently leased to an operating cafe/restaurant. The building uses block and stucco construction and includes central air conditioning. The property is zoned C-3 and occupies a 0.03-acre parcel with a pond-related waterfront feature.
Situated at 1711 Amazing Way in Ocoee, the property is near Winter Garden Village, West Oaks Mall, West Oaks Towne Center, and Ocoee Shopping Center. Regional access includes FL-429, Colonial Drive (SR-50), and the Florida Turnpike, with Downtown Orlando approximately 20 minutes away.
Situated at 1711 Amazing Way in Ocoee, the property is near Winter Garden Village, West Oaks Mall, West Oaks Towne Center, and Ocoee Shopping Center. Regional access includes FL-429, Colonial Drive (SR-50), and the Florida Turnpike, with Downtown Orlando approximately 20 minutes away.
Key Highlights
- 1,434 SF restaurant unit on a 0.03‑acre parcel
- Currently leased to an operating cafe/restaurant
- C‑3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,656
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$553,120
$553.1K
Cap Rate 7%
$395,086
$395.1K
Cap Rate 9%
$307,289
$307.3K
Market Conditions
NOI Build-Up for 1,434 SF
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.
Gross rent
$39.1K $27.24/SF
− Vacancy
−$2.2K −$1.53/SF
EGI
$36.9K $25.71/SF
− OpEx
−$9.2K −$6.43/SF
NOI
$27.7K $19.29/SF
Area
Orange County, FL
Vacancy
5.60%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$553,120
Cap Rate 7%
$395,086
Cap Rate 9%
$307,289
Alternative Uses
Best Use
Specialty Retail
$395.1K
$345.7K – $460.9K
NOI $27,656 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.1K
$357.1K – $476.1K
NOI $28,565 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34761, FL
48,193
Population
14,794
Households
3.3
Avg Household Size
37
Median Age
30%
College-Educated
85%
High-School Grad
17.5 sq mi
ZIP Area
2,754
Density / Sq Mi
$90,406
Median Household Income
$42,694
Median Earnings
$1,806
Median Rent
$363,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cobb — 10971 W Colonial Dr, Ocoee, FL 34761
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating cafe/restaurant with C-3 zoning, central air, and a 2021 block-and-stucco construction profile.
Where is this conventional restaurant located?
The property is located at 1711 AMAZING Way Ocoee, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,434 SF restaurant unit on a 0.03‑acre parcel; Currently leased to an operating cafe/restaurant; C‑3 zoning
