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379 E BROADWAY STREET #1008-2, Oviedo, FL 32765

A ground-floor office occupies one of four units and shares access to a common bathroom.

Property Size18,736 SF
Price / SF$0.42
Days on Market4

Property Features for 379 E BROADWAY STREET #1008-2

General Information

Standard status Active
Size 18,736 SF
Property subtype Office

Additional Details

Floor Ground Floor
Property Use Office

Amenities

1.61 acres, Trees/Landscaped
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 10-21-31-300-0790-0000, Public Survey Range: 31, Public Survey Section: 10, Annual Amount: $23,650, Tax Block: 300, Tax Book Number: 1-51, Legal Description: SEC 10 TWP 21S RGE 31E S 210 FT OF W 1050 FT OF SE 1/4 E OF SAL RY (LESS RD), Lot: 790, Year: 2025, Zoning: C-2
Luxury Vinyl
Central Air
Central
Listing ID: MFRO6452289, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-10-23
Common
Built in 2011, Living area: 18736, Living area units: Square Feet, Building faces South, 2 stories, Levels: One, Construction Materials: Block, Brick, Stucco, Frame
MLS Area (Major): 32765 - Oviedo, County/Parish: Seminole
Leasable area: 200
Water Source: Public
Slab
Common Area Maintenance, Electricity, Grounds Care, Internet, Sewer, Taxes, Trash Collection, Water
Rental Agreement
Telephone
Frontage Type: City Street, Road Responsibility: Public Maintained Road, Road Surface: Paved
Accessible Approach with Ramp, Accessible Elevator Installed, Accessible Entrance, Visitor Bathroom, Accessible Hallway(s)

Building Details

Year Built 2011
Listing Agency: REALTY PROS UNLIMITED INC
Listed By: Michelle Morrow · License #3546213
Source: Miharaandassociates
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 25 at 2:50AM

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 REALTY PROS UNLIMITED INC

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Investment Insights

Based on property information with market context.

This private office is one of four units in a shared ground-floor suite, with access to a shared bathroom. It is positioned second from the main entrance and features new luxury vinyl plank flooring and fresh paint. The property was built in 2011.

The office is adjacent to the main street running through Oviedo on the Park in Oviedo, Florida.

Key Highlights

  • Private office within a four‑unit ground‑floor suite
  • Shared access to one bathroom
  • Second office from the main entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$279,916
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,598,320 $5.6M
Cap Rate 7%
$3,998,800 $4.0M
Cap Rate 9%
$3,110,178 $3.1M
Market Conditions
NOI Build-Up for 18,736 SF
Gross rent
$449.7K $24.00/SF
− Vacancy
−$76.4K −$4.08/SF
EGI
$373.2K $19.92/SF
− OpEx
−$93.3K −$4.98/SF
NOI
$279.9K $14.94/SF
Area
Seminole 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%
$5,598,320
Cap Rate 7%
$3,998,800
Cap Rate 9%
$3,110,178

Alternative Uses

Best Use
Office B
$4.00M
$3.50M – $4.67M (±1% cap)
NOI $279,916 @ 7.0% cap · market cap 3,588.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.33M
$4.67M – $6.22M (±1% cap)
NOI $373,221 @ 7.0% cap · market cap 4,784.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

RiseNGrind Oviedo’s Boutique ... Gym & Fitness Center Tabby Tattoo Tattoo & Piercing Shop NorthGate Counseling Counselor Wax Over Matter Spa & Massage Center BGE Grooming Pet Grooming Service

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Big Box & Wholesale Store Pharmacy Real Estate Agency Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby

Demographics for 32765, FL

65,228
Population
23,389
Households
2.8
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
39.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$99,161
Median Household Income
$48,595
Median Earnings
$1,870
Median Rent
$418,600
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 South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A ground-floor office occupies one of four units and shares access to a common bathroom.
Where is this office unit located?
The property is located at 379 E BROADWAY STREET #1008-2 Oviedo, FL.
What are key features of this property?
This property features: Private office within a four‑unit ground‑floor suite; Shared access to one bathroom; Second office from the main entrance
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