Renovated Office
For Sale
$498,999
2295 S HIAWASSEE RD S #316, Orlando, FL 32835
Office condominium with AC-2 zoning, elevator access, and shared restrooms.
Property Size840 SF
Days on Market48
Property Features for 2295 S HIAWASSEE RD S #316
General Information
Standard status
Active
Size
840 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$4,557
Building Details
Building Size
840 SF
Year Built
2004
Listing Agency:
NOBSKA REAL ESTATE LLC
Listed By:
Laura Teixeira, PA
(689) 276-1593
Source:
Kingofrealestate
Added: Sep 4
Changed: Oct 11
Last Checked: Oct 21 at 5:20AM
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 NOBSKA REAL ESTATE LLC
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Investment Insights
Based on property information with market context.
This 840-square-foot office condominium is located within Offices at Veranda Park and was built in 2004. Interior improvements include renovation work and custom carpentry, while a new AC system was installed in 2025. The building provides elevator service and shared bathroom facilities. Block construction and a slab foundation are also part of the property’s physical specifications.
The suite is at 2295 S Hiawassee Road, Suite 316, with access through Westpointe Boulevard in Orlando. AC-2 zoning provides the stated land-use designation for this office property.
The suite is at 2295 S Hiawassee Road, Suite 316, with access through Westpointe Boulevard in Orlando. AC-2 zoning provides the stated land-use designation for this office property.
Key Highlights
- 840‑square‑foot office condominium
- Renovated interior with custom carpentry
- New AC installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,687
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,740
$313.7K
Cap Rate 7%
$224,100
$224.1K
Cap Rate 9%
$174,300
$174.3K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$25.2K $30.00/SF
− Vacancy
−$4.3K −$5.10/SF
EGI
$20.9K $24.90/SF
− OpEx
−$5.2K −$6.23/SF
NOI
$15.7K $18.67/SF
Area
Orlando, FL
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,740
Cap Rate 7%
$224,100
Cap Rate 9%
$174,300
Alternative Uses
Best Use
Office B
$224.1K
$196.1K – $261.5K
NOI $15,687 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$270.6K
$236.8K – $315.7K
NOI $18,942 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,691
Businesses Nearby
Explore this area
Business Placement
Demographics for 32835, FL
45,380
Population
19,377
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
92%
High-School Grad
9.4 sq mi
ZIP Area
4,828
Density / Sq Mi
$70,183
Median Household Income
$38,953
Median Earnings
$1,764
Median Rent
$333,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office unit - Office condominium with AC-2 zoning, elevator access, and shared restrooms.
Where is this office unit located?
The property is located at 2295 S HIAWASSEE RD S #316 Orlando, FL.
What is the asking price?
The asking price for this property is $498,999.
What are key features of this property?
This property features: 840‑square‑foot office condominium; Renovated interior with custom carpentry; New AC installed in 2025
