815 MABBETTE ST 101, Kissimmee, FL 34741
Two-story office building in downtown Kissimmee with ample parking.
- 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
Listing agent Tawnie McMorrow (407) 908-4703
Listing office (407) 908-4703
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kissimmee
- County
- Polk
- State
- Florida
- Longitude
- -81.4128076
- Latitude
- 28.2936655