Office Unit with Two
For Sale
$425,000
302-157 E New England Ave, Winter Park, FL 32789
940-square-foot office suite with flexible access from two separate entry points.
Property Size940 SF
Price / SF$452.13
Days on Market159
Property Features for 302-157 E New England Ave
General Information
Standard status
Active
Size
940 SF
Taxes and HOA fees
Annual Taxes
$2,918
Listing Agency:
SANDRONI HOLDINGS REAL ESTATE LLC
(407) 509-2911
Listed By:
Dante Sandroni
(407) 592-2211
Source:
Exprealty
Added: May 11
Changed: Oct 2
Last Checked: Oct 15 at 4:01AM
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 SANDRONI HOLDINGS REAL ESTATE LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 940-square-foot office unit at 302-157 E New England Ave features two separate entrances, providing distinct access points within the suite. The property is positioned steps from Park Avenue in Winter Park, with nearby destinations including New General and AVA MediterrAegean.
The office is located in a walkable business setting surrounded by established dining and coffee options. Its configuration and central Winter Park address support professional office use with convenient access to nearby amenities.
The office is located in a walkable business setting surrounded by established dining and coffee options. Its configuration and central Winter Park address support professional office use with convenient access to nearby amenities.
Key Highlights
- 940‑square‑foot office unit
- Two separate entrances provide distinct access points
- Steps from Park Avenue in Winter Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,044
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,880
$280.9K
Cap Rate 7%
$200,629
$200.6K
Cap Rate 9%
$156,044
$156.0K
Market Conditions
NOI Build-Up for 940 SF
Gross rent
$22.6K $24.00/SF
− Vacancy
−$3.8K −$4.08/SF
EGI
$18.7K $19.92/SF
− OpEx
−$4.7K −$4.98/SF
NOI
$14.0K $14.94/SF
Area
Orange County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$280,880
Cap Rate 7%
$200,629
Cap Rate 9%
$156,044
Alternative Uses
Best Use
Office B
$200.6K
$175.6K – $234.1K
NOI $14,044 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$267.5K
$234.1K – $312.1K
NOI $18,725 @ 7.0% cap · market cap 4.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,854
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - 940-square-foot office suite with flexible access from two separate entry points.
Where is this office units located?
The property is located at 302-157 E New England Ave Winter Park, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 940‑square‑foot office unit; Two separate entrances provide distinct access points; Steps from Park Avenue in Winter Park
