12-Unit Mixed-Use
New
For Sale
$1,550,000
271 S ORLANDO Avenue, Winter Park, FL 32789
Commercial Sale, WINTER PARK, FL
Property Size3,430 SF
Lot Size0.18 Acres
Price / SF$451.90
Days on Market2
Property Features for 271 S ORLANDO Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Appliances
Dryer, Microwave, Refrigerator, Washer
Subdivision
KILLARNEY ESTATES
Directions
From I-4, take Exit 87 (Fairbanks Ave) east approx. 1.5 miles to US 17-92 / S Orlando Ave. Turn left (north) on S Orlando Ave; property is on the left (west side) just south of Hillstone, at 271 S Orlando Ave.
Standard status
Active
APN
12-22-29-4172-07-101
Size
3,430 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
KILLARNEY ESTATES RESURVEY L/9 LOT 10 (LESS N 3 FT OF W 40 FT & LESS E 10 FT & R/W ACROSS SE COR) & E 10 FT OF S 62 FT OF LOT 7 BLK 7
Tax Annual Amount
11445
Legal Description
KILLARNEY ESTATES RESURVEY L/9 LOT 10 (LESS N 3 FT OF W 40 FT & LESS E 10 FT & R/W ACROSS SE COR) & E 10 FT OF S 62 FT OF LOT 7 BLK 7
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1949
Floors in Building
1
Number of units
12
Building materials
Block, Stucco
Roof type
Concrete
Listing Agency:
SAND DOLLAR REALTY GROUP INC
Listed By:
Robert Arnold, Jr · License #627826
(407) 389-7318
Added: Oct 16
Changed: Oct 17
Last Checked: Oct 17 at 7:06PM
MLS# O6450599
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 3,430-square-foot mixed-use property contains 12 short-term rental units: eight studios and four one-bedroom, one-bathroom units. A separate office suite faces S. Orlando Avenue. The building was constructed in 1949 and has block and stucco construction, central heating and air conditioning, and a concrete roof.
The 0.18-acre property is zoned C-3. Public water and sewer serve the site, and electricity is available. The address is on South Orlando Avenue in Winter Park.
The 0.18-acre property is zoned C-3. Public water and sewer serve the site, and electricity is available. The address is on South Orlando Avenue in Winter Park.
Key Highlights
- 12 short‑term rental units: 8 studios and 4 one‑bedroom/one‑bath units
- Street‑facing office suite on S. Orlando Avenue
- 3,430 square feet on 0.18 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,276
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,520
$905.5K
Cap Rate 7%
$646,800
$646.8K
Cap Rate 9%
$503,067
$503.1K
Market Conditions
NOI Build-Up for 3,430 SF
Gross rent
$82.3K $24.00/SF
− Vacancy
−$9.9K −$2.88/SF
EGI
$72.4K $21.12/SF
− OpEx
−$27.2K −$7.92/SF
NOI
$45.3K $13.20/SF
Area
Orange County, FL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,520
Cap Rate 7%
$646,800
Cap Rate 9%
$503,067
Alternative Uses
Best Use
Mixed Use
$646.8K
$566.0K – $754.6K
NOI $45,276 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$601.7K
$526.5K – $702.0K
NOI $42,121 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$976.1K
$854.1K – $1.14M
NOI $68,326 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
3,491
Businesses Nearby
Explore this area
Business Placement
Demographics for 32789, FL
26,399
Population
12,945
Households
2
Avg Household Size
44
Median Age
63%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
3,384
Density / Sq Mi
$100,213
Median Household Income
$65,652
Median Earnings
$1,667
Median Rent
$695,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Short-term lodging units are paired with a street-facing office suite along S. Orlando Avenue.
Where is this mixed-use property located?
The property is located at 271 S ORLANDO Avenue Winter Park, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 12 short‑term rental units: 8 studios and 4 one‑bedroom/one‑bath units; Street‑facing office suite on S. Orlando Avenue; 3,430 square feet on 0.18 acres
