Renovated 3-Unit Retail
For Sale
$875,000
Pending
2011 S ORANGE Avenue, Orlando, FL 32806
Commercial Sale, ORLANDO, FL
Property Size3,057 SF
Lot Size0.11 Acres
Days on Market341
Property Features for 2011 S ORANGE Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MU-1/T/SP
Subdivision
DIXIE HIGHLANDS REP
Directions
rom the West (coming on I-4 East towards downtown Orlando) Stay on I-4 East. Take Exit 84A (US-17/US-92/Colonial Dr) toward downtown. Merge onto Ivanhoe Blvd / US-17/US-92. Continue until you reach S Orange Ave; then turn left onto S Orange Ave. Drive south on S Orange Ave until you reach 2011 - the property will be on your right.
Standard status
Pending
APN
01-23-29-2100-02-160
Size
3,057 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
DIXIE HIGHLANDS REPLAT P/52 LOTS 16 & 17(LESS RD ON W) BLK B
Tax Annual Amount
11303
Legal Description
DIXIE HIGHLANDS REPLAT P/52 LOTS 16 & 17(LESS RD ON W) BLK B
Utilities
Cooling system
Central Air
Building Details
Year built
1954
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block, Stucco
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Alistair Baxter
(786) 288-6316
Added: Nov 14, 2025
Changed: Oct 16
Last Checked: Oct 21 at 8:06PM
MLS# O6360945
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.
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Investment Insights
Based on property information with market context.
This 3,057 SF retail building contains three storefront units and sits on a 0.11-acre parcel. Renovations include a new roof, updated electrical service, and modern restrooms serving each unit. One bay includes a brand-new commercial kitchen, while the building also features ceramic tile flooring, central air, and block-and-stucco construction. Built in 1954, the property offers dedicated parking allocated at two spaces per unit, along with street parking.
The property fronts S Orange Avenue in Orlando and is positioned across from Orlando Regional Medical Center. Its MU-1/T/SP zoning and three-bay layout support a range of storefront-oriented commercial uses, with one unit already equipped for food and beverage operations.
The property fronts S Orange Avenue in Orlando and is positioned across from Orlando Regional Medical Center. Its MU-1/T/SP zoning and three-bay layout support a range of storefront-oriented commercial uses, with one unit already equipped for food and beverage operations.
Key Highlights
- 3,057 SF retail building configured as 3 units
- Brand‑new commercial kitchen installed in one unit
- New roof, updated electrical, and modern restrooms in all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,318
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,360
$1.3M
Cap Rate 7%
$918,829
$918.8K
Cap Rate 9%
$714,644
$714.6K
Market Conditions
NOI Build-Up for 3,057 SF
Gross rent
$88.8K $29.04/SF
− Vacancy
−$3.0K −$0.99/SF
EGI
$85.8K $28.05/SF
− OpEx
−$21.4K −$7.01/SF
NOI
$64.3K $21.04/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,360
Cap Rate 7%
$918,829
Cap Rate 9%
$714,644
Alternative Uses
Best Use
Specialty Retail
$918.8K
$804.0K – $1.07M
NOI $64,318 @ 7.0% cap · market cap 7.35%
Second Best
Retail
$857.6K
$750.4K – $1.00M
NOI $60,030 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$984.8K
$861.7K – $1.15M
NOI $68,934 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,254
Businesses Nearby
282k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Superstores 31%
Shops & Services 11%
Apparel 10%
Target
Superstores
88,771 visits/mo
0.4 miles
McDonald's
Dining
30,255 visits/mo
0.4 miles
T.J. Maxx
Apparel
27,347 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
13,173 visits/mo
0.2 miles
7-Eleven
Shops & Services
12,008 visits/mo
0.1 miles
Demographics for 32806, FL
26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Orlando, FL
Frequently Asked Questions
What type of property is this?
Storefront property - MU-1/T/SP-zoned storefront property with a commercial kitchen and updated building systems.
Where is this storefront property located?
The property is located at 2011 S ORANGE Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 3,057 SF retail building configured as 3 units; Brand‑new commercial kitchen installed in one unit; New roof, updated electrical, and modern restrooms in all units
