Corner-Lot Renovated Office
802 Mabbette Street Kissimmee, FL 34741
802 Mabbette Street, Kissimmee, FL, 34741
$479,000
For Sale
$479,000
Renovated downtown office with private offices, conference room, full kitchen, and six dedicated rear parking spaces.
Property Size1,811 SF
Price / SF$264.49
Days on Market202
Property Features for 802 Mabbette Street
General Information
- Standard status
- Active
- Size
- 1,811 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1906
Listing agency
CENTURY 21 WOLF'S CROSSING REALTY
(407) 873-9370
Listed by
Fernando Homs · License #3159618
Source
Realtygroupfl
Added: Jan 1 Updated: Jul 21 at 5:04AM Checked: Jul 22 at 7:22AM
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 WOLF'S CROSSING REALTY
Investment Insights
Based on property information with market context.
This fully renovated professional office building is configured for everyday client-facing operations. The approximately 2,200-square-foot layout includes two private offices, a reception and waiting area, a large conference room, a full kitchen, and two restrooms.
Set on a corner lot in Downtown Kissimmee, the property is described as offering visibility on high-traffic Mabbette Street. It is just minutes from the Osceola County Courthouse, Clerk of Court, and City Hall, with ample rear parking provided by six dedicated spaces.
The space is designed to support a range of professional uses, including law firm and title company functions, insurance, real estate brokerage, mortgage, medical office, and similar services.
Set on a corner lot in Downtown Kissimmee, the property is described as offering visibility on high-traffic Mabbette Street. It is just minutes from the Osceola County Courthouse, Clerk of Court, and City Hall, with ample rear parking provided by six dedicated spaces.
The space is designed to support a range of professional uses, including law firm and title company functions, insurance, real estate brokerage, mortgage, medical office, and similar services.
Key Highlights
- Fully renovated professional office in Downtown Kissimmee on a corner lot
- Approx. 2,200 SF of office space with reception/waiting area, large conference room, and full kitchen
- Includes 2 private offices and 2 restrooms
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 | $38.0k | $21.00 |
| − Vacancy | −$8.4k | −$4.62 |
| EGI | $29.7k | $16.38 |
| − OpEx | −$7.4k | −$4.10 |
| NOI | $22.2k | $12.29 |
1,811 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$317.8K
$278.1K – $370.8K
NOI $22,248 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$435.2K
$380.8K – $507.7K
NOI $30,464 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Baker Realty Investments
Real Estate Agency
SUNCATCH SOLAR
Solar Energy Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Renovated downtown office with private offices, conference room, full kitchen, and six dedicated rear parking spaces.
Where is this office building located?
The property is located at 802 Mabbette Street Kissimmee, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Fully renovated professional office in Downtown Kissimmee on a corner lot; Approx. 2,200 SF of office space with reception/waiting area, large conference room, and full kitchen; Includes 2 private offices and 2 restrooms
