Renovated Office
For Sale
$498,999
316-2295 S Hiawassee Rd, Orlando, FL 32835
Renovated professional office condominium with elevator access and AC-2 zoning.
Property Size840 SF
Price / SF$594.05
Days on Market58
Property Features for 316-2295 S Hiawassee Rd
General Information
Standard status
Active
Size
840 SF
Elevators
Yes
Zoning
AC-2
Site & Location
Neighborhood
Livingston Meadows Property Owners Association, Inc.
Road Access
Yes
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$4,557
Amenities
shared bathroom facilities
Building Details
Construction
block
Listing Agency:
NOBSKA REAL ESTATE LLC
(689) 276-1593
Listed By:
Laura Teixeira, PA
(941) 962-2413
Source:
Exprealty
Added: Sep 1
Changed: Oct 25
Last Checked: Oct 28 at 2:55PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 316 is an 840-square-foot office condominium at Offices at Veranda Park, designed for professional use. The suite has been renovated with custom carpentry, while the building provides elevator service and shared bathroom facilities. Block construction and a slab foundation support the property’s physical improvements, and a new AC system was installed in 2025.
Located at 2295 S Hiawassee Road in Orlando, the property is accessed from Westpointe Boulevard. AC-2 zoning supports its office classification and provides a defined commercial setting for an owner-user or portfolio acquisition.
Located at 2295 S Hiawassee Road in Orlando, the property is accessed from Westpointe Boulevard. AC-2 zoning supports its office classification and provides a defined commercial setting for an owner-user or portfolio acquisition.
Key Highlights
- 840‑square‑foot office condominium in Offices at Veranda Park
- Renovated suite 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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
908
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
Market
Vacancy Rate% for Office in Orlando, FL
Frequently Asked Questions
What type of property is this?
Office unit - Renovated professional office condominium with elevator access and AC-2 zoning.
Where is this office unit located?
The property is located at 316-2295 S Hiawassee Rd 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 in Offices at Veranda Park; Renovated suite with custom carpentry; New AC installed in 2025
