Freestanding Store/Office
4947 N Palm Ave Winter Park, FL 32792
For Sale
$535,000
Freestanding building with adaptable store/office/residential zoning and onsite storage, currently configured for professional services.
Property Size1,088 SF
Price / SF$491.73
Days on Market88
Property Features for 4947 N Palm Ave
General Information
- Standard status
- Active
- Size
- 1,088 SF
Listing Agency:
FLORIDA REALTY INVESTMENTS
(407) 970-7902
Listed By:
Carlethia Burnette · License #3072754
(407) 970-7902
Source:
Exprealty
Added: Apr 30
Changed: Jul 10
Last Checked: Jul 25 at 6:23PM
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 FLORIDA REALTY INVESTMENTS
Investment Insights
Based on property information with market context.
This freestanding commercial property is zoned 1210 – Store/Office/Residential II and is designed for flexible occupancy. It has been used as a real estate office and is currently operating as a counseling center, with a functional layout that can accommodate a range of professional or service-based businesses. The property also includes a 12x12 storage addition and a newly upgraded paver driveway for improved client accessibility.
Located at 4947 N Palm Ave in Winter Park, the building sits directly across from the United States Postal Service, supporting consistent visibility and daily pedestrian activity. Access is also supported by connectivity to major corridors including State Road 436, State Road 417, and State Road 408, providing convenient routes throughout the greater Orlando metro area and toward both major airports.
For owner-occupants, the mix of store/office/residential II zoning and a ready-to-use professional configuration can support live/work or service uses. For investors, the standalone nature of the property and its adaptable interior make it suitable for prospective tenants seeking a freestanding footprint with established daily foot traffic from the USPS location across the street.
Located at 4947 N Palm Ave in Winter Park, the building sits directly across from the United States Postal Service, supporting consistent visibility and daily pedestrian activity. Access is also supported by connectivity to major corridors including State Road 436, State Road 417, and State Road 408, providing convenient routes throughout the greater Orlando metro area and toward both major airports.
For owner-occupants, the mix of store/office/residential II zoning and a ready-to-use professional configuration can support live/work or service uses. For investors, the standalone nature of the property and its adaptable interior make it suitable for prospective tenants seeking a freestanding footprint with established daily foot traffic from the USPS location across the street.
Key Highlights
- Freestanding commercial building with zoning 1210 – store/office/residential II for flexible use.
- Currently operating as a counseling center and previously used as a real estate office.
- Located directly across from the United States Postal Service on N Palm Avenue.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.1k | $24.00 |
| − Vacancy | −$4.4k | −$4.08 |
| EGI | $21.7k | $19.92 |
| − OpEx | −$5.4k | −$4.98 |
| NOI | $16.3k | $14.94 |
1,088 SF · lease $24.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$232.2K
$203.2K – $270.9K
NOI $16,255 @ 7.0% cap · market cap 3.04%
Second Best
Healthcare Medical
$221.6K
$193.9K – $258.5K
NOI $15,511 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$309.6K
$270.9K – $361.2K
NOI $21,673 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Abogado en Orlando ...
Law Firm
FAQs
What type of property is this?
Office building - Freestanding building with adaptable store/office/residential zoning and onsite storage, currently configured for professional services.
Where is this office building located?
The property is located at 4947 N Palm Ave Winter Park, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Freestanding commercial building with zoning 1210 – store/office/residential II for flexible use.; Currently operating as a counseling center and previously used as a real estate office.; Located directly across from the United States Postal Service on N Palm Avenue.
