Downtown Mixed-Use
For Sale
$2,100,000
Pending
716 W Robinson Street ORLANDO, Orlando, FL 32805
A 1.40-acre, 11-parcel portfolio with mixed residential development zoning options near major Orlando attractions.
Property Size10,902 SF
Lot Size1.40 Acres
Days on Market42
Property Features for 716 W Robinson Street ORLANDO
General Information
Standard status
Pending
Size
10,902 SF
Lot size
1.40 Acres
Zoning
MU-1/T/PH
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,991
Amenities
1
true
11376
0.34
11
false
Asphalt
Slab
City Street
10902
Building Details
Building Size
10,902 SF
Year Built
1930
Buildings
1
Stories
1
Listing Agency:
(904) 569-5862
Listed By:
Valeria Poore
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 7
Changed: Aug 8
Last Checked: Jul 7 at 4:04AM
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 Valeria Poore
Investment Insights
Based on property information with market context.
This for-sale mixed-use portfolio totals 1.40 acres and includes 11 parcels within the Innovation District. The portfolio’s primary site is a building at 716 W Robinson St, described as a 10,902 SF building with a stated total of 11,376 SF, with zoning listed as MU-1/T/PH & R2B/T/PH. The collection also includes multiple adjacent vacant land parcels along W. Robinson St, Garden Ave, N Parramore Ave, and McQuigg Ave, plus a one-story duplex at 209 Garden Ave (zoning R2B/T/PH) described as 3,596 SF. The vacant land is listed with R2B/T/PH zoning and includes parcels at 202 McQuigg Ave and 824 W. Robinson St.
The offering is described as being within walking distance to Creative Village, Orlando City Soccer Exploria Stadium, and the Amway Center. The remarks also indicate the portfolio is in a U.S. Department of the Treasury Community Development Financial Institutions Fund designated area.
From a development and tenant-fit standpoint, the zoning descriptions provided in the materials outline medium-intensity mixed residential and office potential under MU-1/T/PH, with a maximum height of 35 ft. Under R2B/T/PH, the materials describe allowances for single-family homes, duplexes, small apartment buildings of 3–5 units, garage apartments, and accessory apartments, with a maximum height of 30 ft. The seller notes that combining the Robinson St and Garden Ave parcels can yield a total of 4 single-family units, and combining the Parramore and McQuigg parcels can yield a total of 16 units, depending on configuration.
The offering is described as being within walking distance to Creative Village, Orlando City Soccer Exploria Stadium, and the Amway Center. The remarks also indicate the portfolio is in a U.S. Department of the Treasury Community Development Financial Institutions Fund designated area.
From a development and tenant-fit standpoint, the zoning descriptions provided in the materials outline medium-intensity mixed residential and office potential under MU-1/T/PH, with a maximum height of 35 ft. Under R2B/T/PH, the materials describe allowances for single-family homes, duplexes, small apartment buildings of 3–5 units, garage apartments, and accessory apartments, with a maximum height of 30 ft. The seller notes that combining the Robinson St and Garden Ave parcels can yield a total of 4 single-family units, and combining the Parramore and McQuigg parcels can yield a total of 16 units, depending on configuration.
Key Highlights
- 11‑parcel, 1.40‑acre downtown Orlando mixed‑use portfolio
- 716 W Robinson St features a 10,902 SF, 1‑story building on slab foundation; zoning MU‑1/T/PH & R2B/T/PH
- Portfolio includes 3 adjacent vacant land parcels (726 W Robinson St, 732 W Robinson St, 217 Garden Ave) zoned R2B/T/PH; listed total 11,376 SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$154,668
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,093,360
$3.1M
Cap Rate 7%
$2,209,543
$2.2M
Cap Rate 9%
$1,718,533
$1.7M
Market Conditions
NOI Build-Up for 10,902 SF
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.
Gross rent
$235.5K $21.60/SF
− Vacancy
−$14.5K −$1.33/SF
EGI
$221.0K $20.27/SF
− OpEx
−$66.3K −$6.08/SF
NOI
$154.7K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,093,360
Cap Rate 7%
$2,209,543
Cap Rate 9%
$1,718,533
Alternative Uses
Best Use
Multifamily LT 5
$2.21M
$1.93M – $2.58M
NOI $154,668 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$2.02M
$1.77M – $2.35M
NOI $141,280 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$3.51M
$3.07M – $4.10M
NOI $245,834 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,843
Businesses Nearby
Explore this area
Business Placement
Demographics for 32805, FL
23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - A 1.40-acre, 11-parcel portfolio with mixed residential development zoning options near major Orlando attractions.
Where is this duplex located?
The property is located at 716 W Robinson Street ORLANDO Orlando, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 11‑parcel, 1.40‑acre downtown Orlando mixed‑use portfolio; 716 W Robinson St features a 10,902 SF, 1‑story building on slab foundation; zoning MU‑1/T/PH & R2B/T/PH; Portfolio includes 3 adjacent vacant land parcels (726 W Robinson St, 732 W Robinson St, 217 Garden Ave) zoned R2B/T/PH; listed total 11,376 SF
