Office Condominium With Elevator
New
For Sale
$249,900
2813 S HIAWASSEE RD #302, Orlando, FL 32835
The third-floor suite includes two offices, reception and waiting areas, plus one covered parking space.
Property Size666 SF
Price / SF$372.99
Days on Market5
Property Features for 2813 S HIAWASSEE RD #302
General Information
Standard status
Active
Size
666 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Office
Site & Location
Neighborhood
Pembrooke Homeowners Association, Inc.
Highway Access
Yes
Road Access
Yes
Additional Details
Floor
3
Office Units
1
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,360
Building Details
Building Size
666 SF
Year Built
2002
Tenancy
Single
Owner Occupied
No
Listing Agency:
THE REAL ESTATE COLLECTION LLC
Listed By:
Lisa Mahjoub · License #SL3533505
(321) 217-9965
Source:
Novaorlando
Added: Oct 28
Changed: Oct 31
Last Checked: Nov 1 at 2:56PM
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 THE REAL ESTATE COLLECTION LLC
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Investment Insights
Based on property information with market context.
This 2002 office condominium is on the third floor of Hiawassee Place Commercial Condominium. Its 666-square-foot layout has two dedicated offices, a reception area and a waiting area. Elevator access serves the floor, and the property includes one covered parking space and additional on-site parking. The suite is currently tenant-occupied.
South Hiawassee Road provides access to Florida’s Turnpike, Interstate 4 and major commercial corridors. Nearby amenities include Veranda Park, MetroWest Village, shops, restaurants, medical facilities and residential communities.
South Hiawassee Road provides access to Florida’s Turnpike, Interstate 4 and major commercial corridors. Nearby amenities include Veranda Park, MetroWest Village, shops, restaurants, medical facilities and residential communities.
Key Highlights
- 666‑square‑foot office condominium built in 2002
- Two dedicated offices, reception area and waiting area
- Third‑floor location with elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,512
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,240
$250.2K
Cap Rate 7%
$178,743
$178.7K
Cap Rate 9%
$139,022
$139.0K
Market Conditions
NOI Build-Up for 670 SF
Gross rent
$20.1K $30.00/SF
− Vacancy
−$3.4K −$5.10/SF
EGI
$16.7K $24.90/SF
− OpEx
−$4.2K −$6.23/SF
NOI
$12.5K $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%
$250,240
Cap Rate 7%
$178,743
Cap Rate 9%
$139,022
Alternative Uses
Best Use
Office B
$178.7K
$156.4K – $208.5K
NOI $12,512 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$215.8K
$188.9K – $251.8K
NOI $15,108 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,421
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office unit - The third-floor suite includes two offices, reception and waiting areas, plus one covered parking space.
Where is this office unit located?
The property is located at 2813 S HIAWASSEE RD #302 Orlando, FL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 666‑square‑foot office condominium built in 2002; Two dedicated offices, reception area and waiting area; Third‑floor location with elevator access
