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    Downtown Kissimmee Two-Story Office Building Title is generated by Realmo AI

    815 MABBETTE ST 101, Kissimmee, FL 34741

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    For Sale
    $999,999

    Two-story office building in downtown Kissimmee with ample parking.

    Type:Commercial
    Property size:
    4,140 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $241/SF
    Added:
    Apr 24, 2026
    Days on Market:
    47
    Last Refresh:
    Apr 24 at 3:38 pm

    Property Features for 815 MABBETTE ST 101

    General Information

    Standard status
    Active
    Size
    4,140 SF
    Lot size
    0.41 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2008

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    Listing Contact
    Tawnie McMorrow
    Tawnie McMorrow

    Listing agent Tawnie McMorrow

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Tawnie McMorrow

    HighLights

    • Prime downtown Kissimmee location near courthouse, city offices, shops, and restaurants.
    • Large on‑site parking lot, a rare and valuable asset in a downtown setting.
    • 4,140 sq ft two‑story office building on a 0.41‑acre corner lot with strong visibility.
    • Elevator access to both floors, ensuring convenience and accessibility.
    • Flexible layout with 14 private offices, 2 conference rooms, and 2 break rooms.
    • Currently partially rented with 3 years remaining on the lease, providing immediate income potential.

    Overview

    Located in downtown Kissimmee, this two-story office building offers 4,140 square feet of professional space on a 0.41-acre corner lot. The property includes a large on-site parking lot and an elevator servicing both floors. The first floor features a reception area, seven private offices, a conference room, a break room, a restroom, two storage closets, and a mechanical room. The second floor includes a reception area, seven private offices, a conference room, a break room, three storage closets, a restroom, and a private balcony. A staircase leads to the attic/mechanical room. The property is suited for law firms, financial services, or professional offices seeking a central, high-traffic location. The building is located minutes from the courthouse, city offices, shops, and restaurants. The bike score is 78, the walk score is 64, and the transit score is 39.

    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 $86.9k $21.00
    − Vacancy −$19.1k −$4.62
    EGI $67.8k $16.38
    − OpEx −$17.0k −$4.10
    NOI $50.9k $12.29
    4,140 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $726.6K
    $635.8K – $847.7K (±1% cap)
    NOI $50,860 @ 7.0% cap · market cap 5.09%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $994.9K
    $870.5K – $1.16M (±1% cap)
    NOI $69,641 @ 7.0% cap · market cap 6.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Jarods Accounting Services ... Accounting Firm Osceola Management Consulting Business Management Consultant A. Clifton Black, Attorney ... Law Firm Essie Noboa Realtor Real Estate Agency Wise Future Group ... Medical Clinic

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Polk
    State
    Florida
    Longitude
    -81.4128076
    Latitude
    28.2936655

    FAQs

    What type of property is this?
    Office building - Two-story office building in downtown Kissimmee with ample parking.
    Where is this office building located?
    The property is located at 815 MABBETTE ST 101 Kissimmee, FL.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: Prime downtown Kissimmee location near courthouse, city offices, shops, and restaurants.; Large on‑site parking lot, a rare and valuable asset in a downtown setting.; 4,140 sq ft two‑story office building on a 0.41‑acre corner lot with strong visibility.
    More about this property
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