Renovated Office Building with
701 E South Street ORLANDO Orlando, FL 32801
701 E South Street ORLANDO, Orlando, FL, 32801
$2,450,000
Renovated multi-floor office building with elevator access, updated restrooms, LED lighting, and reconfigured workspaces.
Property Size9,918 SF
Price / SF$247.03
AddedJul 7
Days on Market10
Last RefreshJul 15 at 2:30 pm
Property Features for 701 E South Street ORLANDO
General Information
- Standard status
- Active
- Size
- 9,918 SF
Building Details
- Year Built
- 1986
Listing office (904) 569-5862
Listing date Jul 7, 2026
Source Movetojacksonville
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 Anthony Gotham
Investment Insights
Based on property information with market context.
This renovated office building offers a versatile, multi-floor layout designed for efficient operations. The property has been updated with fresh interior and exterior paint, restrooms improvements, and a newly installed security system. Office and conference room areas have been reconfigured, with space including private offices, partitioned rooms, and staff lounge areas. For comfort and efficiency, the building transitioned from fluorescent to LED lighting, and new galvanized steel stairs were added. The property also includes elevator access and multiple stairways to support day-to-day movement throughout the building. Per the listing, the configuration includes conference rooms, private offices, and restrooms on each floor, and it consists of two units that integrate together.
Located at 701 E South Street in Orlando, the building is presented as a potential fit for investors and owner-operators seeking a stabilized asset. The public remarks describe a reliable, long-term governmental tenant. The property is being offered for sale in connection with a 1031 exchange.
For tenants or buyers evaluating an existing office platform, the updated interior finishes, upgraded lighting, and dedicated security features can reduce near-term capital planning. The combination of elevator service, multiple stairways, and a mix of open and partitioned office spaces supports a range of professional uses where both collaboration and private work areas are needed. The integrated two-unit setup can also support flexible occupancy planning within the building’s office-focused layout.
Located at 701 E South Street in Orlando, the building is presented as a potential fit for investors and owner-operators seeking a stabilized asset. The public remarks describe a reliable, long-term governmental tenant. The property is being offered for sale in connection with a 1031 exchange.
For tenants or buyers evaluating an existing office platform, the updated interior finishes, upgraded lighting, and dedicated security features can reduce near-term capital planning. The combination of elevator service, multiple stairways, and a mix of open and partitioned office spaces supports a range of professional uses where both collaboration and private work areas are needed. The integrated two-unit setup can also support flexible occupancy planning within the building’s office-focused layout.
Key Highlights
- Renovated multi‑floor office building with elevator access and multiple stairways
- Approximately 10,123 SF total building area in 2 buildings (1986 build)
- Updated restrooms and fresh interior and exterior paint
Local 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 | $297.5k | $30.00 |
| − Vacancy | −$50.6k | −$5.10 |
| EGI | $247.0k | $24.90 |
| − OpEx | −$61.7k | −$6.23 |
| NOI | $185.2k | $18.67 |
9,918 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.65M
$2.32M – $3.09M
NOI $185,219 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.19M
$2.80M – $3.73M
NOI $223,645 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Preferred Benefits Consultants
Insurance Agency
Mount Pleasant Baptist ...
Church
Power Praise & Deliverance
Church
Representative Scott Randolph
State Government Office
Ltf Solutions, llc
Consultant
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FAQs
What type of property is this?
Office building - Renovated multi-floor office building with elevator access, updated restrooms, LED lighting, and reconfigured workspaces.
Where is this office building located?
The property is located at 701 E South Street ORLANDO Orlando, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Renovated multi‑floor office building with elevator access and multiple stairways; Approximately 10,123 SF total building area in 2 buildings (1986 build); Updated restrooms and fresh interior and exterior paint
