Two-Unit Flex
3239 OLD WINTER GARDEN ROAD #9A & 9B, Orlando, FL 32805
For Sale
$749,900
Includes a finished office and adjoining warehouse unit.
Property Size2,607 SF
Price / SF$287.65
Days on Market98
Property Features for 3239 OLD WINTER GARDEN ROAD #9A & 9B
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Office Units
Taxes and HOA fees
Annual Taxes
Amenities
Central air
Central Air Cooling
Building Details
Year Built
Construction
Listing Agency:
LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV
(407) 207-2220
Listed By:
SMITH SALOMON · License FL #3104595
(407) 724-9127
Source:
Corcoran
Added: Aug 7
Changed: Nov 6
Last Checked: Nov 10 at 8:47AM
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 LAWHUN ENTERPRISES IV, LLC DBA: FLORIDA REALTY INVESTMENTS IV
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 flex-space property comprises two commercial unit condos totaling 2,607 SF. The configuration includes a finished office component alongside an adjoining warehouse unit, offering distinct office and storage areas within the property. The warehouse can be converted into additional office space, subject to applicable requirements.
Constructed in 2006 with block construction, the office unit is equipped with central A/C. The property is located on Old Winter Garden Road in Orlando, with access to 408, I-4, and Colonial Dr.
Constructed in 2006 with block construction, the office unit is equipped with central A/C. The property is located on Old Winter Garden Road in Orlando, with access to 408, I-4, and Colonial Dr.
Key Highlights
- Two commercial unit condos totaling 2,607 SF
- Finished office space with central A/C
- Adjoining warehouse unit with office‑conversion potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,686
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$973,720
$973.7K
Cap Rate 7%
$695,514
$695.5K
Cap Rate 9%
$540,956
$541.0K
Market Conditions
NOI Build-Up for 2,607 SF
Gross rent
$78.2K $30.00/SF
− Vacancy
−$13.3K −$5.10/SF
EGI
$64.9K $24.90/SF
− OpEx
−$16.2K −$6.23/SF
NOI
$48.7K $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%
$973,720
Cap Rate 7%
$695,514
Cap Rate 9%
$540,956
Alternative Uses
Best Use
Office B
$695.5K
$608.6K – $811.4K
NOI $48,686 @ 7.0% cap · market cap 6.49%
Second Best
Warehouse
$252.6K
$221.1K – $294.7K
NOI $17,684 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$839.8K
$734.8K – $979.8K
NOI $58,786 @ 7.0% cap · market cap 7.84%
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
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
Median Home Value
Market
Average Price Trend$/SF for Flex space in Orlando, FL
Properties on Market for Flex space in Orlando
Vacancy Rate% for Office in Orlando, FL
Similar Off Market Nearby
- Caroll's Catering and Special Events — 1317 Grand St, Orlando, FL 32805
Frequently Asked Questions
What type of property is this?
Flex space - Includes a finished office and adjoining warehouse unit.
Where is this flex space located?
The property is located at 3239 OLD WINTER GARDEN ROAD #9A & 9B Orlando, FL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two commercial unit condos totaling 2,607 SF; Finished office space with central A/C; Adjoining warehouse unit with office‑conversion potential
