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Two-Story Office Building
For Sale
$2,850,000

513 ARIANA, Auburndale, FL 33823

Flexible office layout includes private offices, conference rooms, reception areas, break rooms, and ADA-compliant restrooms.

Property Size6,822 SF
Lot Size1.84 Acres
Price / SF$417.77
Days on Market58

Property Features for 513 ARIANA

General Information

Standard status Active
Size 6,822 SF
Lot size 1.84 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,887

Building Details

Building Size 6,822 SF
Year Built 2005
Buildings 1
Stories 2
Listing Agency: CENTURY 21 Myers Realty
Listed By: Michael Brenner · License #3069077
Source: Elliman
Added: Aug 14 Changed: Sep 24 Last Checked: Oct 9 at 9:06PM

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 CENTURY 21 Myers Realty

Investment Insights

Based on property information with market context.

This two-story office property contains 6,822 square feet across approximately 1.84 acres and two parcels. The building includes private offices, conference rooms, meeting areas, reception spaces, break rooms, collaborative work areas, and ADA-compliant restrooms. Updated common areas and modern interior finishes support immediate occupancy, while the layout accommodates a range of professional office operations.

Positioned on a visible corner in Auburndale, the property includes ample paved parking and access to major transportation corridors. The second parcel adds space for expansion, storage, equipment staging, fleet parking, or future development. Built in 2005, the property offers a substantial office footprint with a multi-room configuration and supporting land area.

Key Highlights

  • 6,822 SF two‑story office building on approximately 1.84 acres
  • Two parcels, including additional land for expansion, storage, staging, fleet parking, or future development
  • Private offices, conference rooms, meeting areas, reception spaces, and collaborative workspaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$83,808
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,160 $1.7M
Cap Rate 7%
$1,197,257 $1.2M
Cap Rate 9%
$931,200 $931.2K
Market Conditions
NOI Build-Up for 6,822 SF
Gross rent
$143.3K $21.00/SF
− Vacancy
−$31.5K −$4.62/SF
EGI
$111.7K $16.38/SF
− OpEx
−$27.9K −$4.10/SF
NOI
$83.8K $12.29/SF
Area
Polk County, FL
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,160
Cap Rate 7%
$1,197,257
Cap Rate 9%
$931,200

Alternative Uses

Best Use
Office B
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,808 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,757 @ 7.0% cap · market cap 4.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Bakery Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic Home Appliance Store Cafe & Coffee Shop

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

57
Businesses Nearby

Demographics for 33823, FL

33,733
Population
15,383
Households
2.2
Avg Household Size
42
Median Age
17%
College-Educated
86%
High-School Grad
34.9 sq mi
ZIP Area
967
Density / Sq Mi
$64,248
Median Household Income
$39,187
Median Earnings
$1,068
Median Rent
$234,300
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
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office layout includes private offices, conference rooms, reception areas, break rooms, and ADA-compliant restrooms.
Where is this office building located?
The property is located at 513 ARIANA Auburndale, FL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 6,822 SF two‑story office building on approximately 1.84 acres; Two parcels, including additional land for expansion, storage, staging, fleet parking, or future development; Private offices, conference rooms, meeting areas, reception spaces, and collaborative workspaces
More about this property
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