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Freestanding Office Building
For Sale
$515,000

4947 N PALM Avenue, Winter Park, FL 32792

Commercial Sale, WINTER PARK, FL

Property Size1,088 SF
Lot Size0.16 Acres
Price / SF$473.35
Days on Market184

Property Features for 4947 N PALM Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning C-1
Pets allowed Yes
Accessibility Accessible Approach with Ramp
Subdivision SUBURBAN HOMES
Lot features Near Public Transit, Street Lights, Paved
Directions From Aloma Ave & Semoran Blvd, Winter Park, FL 32792. Head toward Aloma Ave, Go 1.3 miles. Turn left onto N Palm Ave. Destination will be on the right.
Standard status Active
APN 02-22-30-8368-03-040
Size 1,088 SF
Lot size 0.16 Acres

Additional Details

Currently Operating Yes
Property Use Counseling Center

Taxes and HOA fees

Tax Year 2025
Tax Description SUBURBAN HOMES O/138 LOT 4 BLK 3
Tax Annual Amount 5168
Legal Description SUBURBAN HOMES O/138 LOT 4 BLK 3

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 1
Flooring type Carpet, Tile
Building materials Block, Stucco
Roof type Shingle
Buildings 1
Listing Agency: FLORIDA REALTY INVESTMENTS
Listed By: Carlethia Burnette
Added: Apr 29 Changed: Oct 25 Last Checked: Oct 29 at 12:06PM
MLS# O6403459

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1,088-square-foot freestanding office property sits on 0.16 acres and was built in 1980. The building has block and stucco construction, carpet and tile flooring, central heating and central air, a shingle roof, and a 12x12 storage addition. It previously operated as a real estate office and is currently used as a counseling center. An accessible ramp approach and newly upgraded paver driveway support visitor access.

The property is located at 4947 N Palm Avenue in Winter Park, directly across from the United States Postal Service. State Road 436, State Road 417, and State Road 408 provide connections to the greater Orlando area and both major airports. Public water and public sewer serve the site, with electricity available.

Key Highlights

  • 1,088‑square‑foot freestanding office building on 0.16 acres
  • 12x12 storage addition included
  • Built in 1980 with block and stucco construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,255
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,100 $325.1K
Cap Rate 7%
$232,214 $232.2K
Cap Rate 9%
$180,611 $180.6K
Market Conditions
NOI Build-Up for 1,088 SF
Gross rent
$26.1K $24.00/SF
− Vacancy
−$4.4K −$4.08/SF
EGI
$21.7K $19.92/SF
− OpEx
−$5.4K −$4.98/SF
NOI
$16.3K $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%
$325,100
Cap Rate 7%
$232,214
Cap Rate 9%
$180,611

Alternative Uses

Best Use
Office B
$232.2K
$203.2K – $270.9K (±1% cap)
NOI $16,255 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.6K
$270.9K – $361.2K (±1% cap)
NOI $21,673 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Abogado en Orlando ... Law Firm

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Law Firm Clothing & Fashion Store Plumbing Service

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby

Demographics for 32792, FL

51,376
Population
24,169
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
12.1 sq mi
ZIP Area
4,246
Density / Sq Mi
$66,176
Median Household Income
$39,326
Median Earnings
$1,612
Median Rent
$343,500
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 building - Standalone professional property with an adaptable floor plan, upgraded paver drive, and accessible ramp approach.
Where is this office building located?
The property is located at 4947 N PALM Avenue Winter Park, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 1,088‑square‑foot freestanding office building on 0.16 acres; 12x12 storage addition included; Built in 1980 with block and stucco construction
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