Renovated Professional Office
2878 S OSCEOLA Avenue, Orlando, FL 32806
For Sale
$325,000
Commercial Sale, ORLANDO, FL
Property Size958 SF
Lot Size0.17 Acres
Price / SF$339.25
Days on Market54
Property Features for 2878 S OSCEOLA Avenue
General Information
Property type
Property subtype
Zoning
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
break room
bathroom with shower
printer area
landscaping
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
COMPASS FLORIDA LLC
(407) 203-9441
Listed By:
Jesse Rottinghaus · License #3024389
(407) 808-5670
Added: Sep 15
Changed: Oct 2
Last Checked: Nov 7 at 4:06PM
MLS# O6441880
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 958-square-foot office condominium, built in 2015, provides a practical professional setting with two distinct office areas, a printer station, and a renovated break room. A bathroom with shower, tile flooring, recessed lighting, central heating and cooling, and a shingle roof complement the interior improvements. The unit also includes a dishwasher, microwave, and refrigerator.
Located at 2878 S Osceola Avenue in Orlando’s SODO district, the property offers access to Orange Avenue and Michigan Street and is near the Orlando Health Campus. Public water and sewer serve the property, while block, stucco, and frame construction support the building’s commercial configuration. O-2/SP zoning accommodates professional office and medical uses.
Located at 2878 S Osceola Avenue in Orlando’s SODO district, the property offers access to Orange Avenue and Michigan Street and is near the Orlando Health Campus. Public water and sewer serve the property, while block, stucco, and frame construction support the building’s commercial configuration. O-2/SP zoning accommodates professional office and medical uses.
Key Highlights
- 958 SF professional office condominium
- Two separate office areas plus dedicated printer station
- Renovated break room and bathroom with shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,891
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,820
$357.8K
Cap Rate 7%
$255,586
$255.6K
Cap Rate 9%
$198,789
$198.8K
Market Conditions
NOI Build-Up for 958 SF
Gross rent
$28.7K $30.00/SF
− Vacancy
−$4.9K −$5.10/SF
EGI
$23.9K $24.90/SF
− OpEx
−$6.0K −$6.23/SF
NOI
$17.9K $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%
$357,820
Cap Rate 7%
$255,586
Cap Rate 9%
$198,789
Alternative Uses
Best Use
Office B
$255.6K
$223.6K – $298.2K
NOI $17,891 @ 7.0% cap · market cap 5.50%
Second Best
Healthcare Medical
$195.1K
$170.7K – $227.6K
NOI $13,657 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$308.6K
$270.0K – $360.0K
NOI $21,602 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,002
Businesses Nearby
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Business Placement
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
$415,800
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Orlando, FL
Properties on Market for Office Units in Orlando
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office unit - Zoned O-2/SP for professional office and medical uses, with separate work areas and updated staff amenities.
Where is this office unit located?
The property is located at 2878 S OSCEOLA Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 958 SF professional office condominium; Two separate office areas plus dedicated printer station; Renovated break room and bathroom with shower
