106 Park Ave Winter Park, FL 32789
This exceptional 1,849 square foot office space is ideally situated in the heart of Downtown Winter Park, Florida, at 106 North Park Avenue, on the northeast corner of North Park Avenue and Morse Avenue. Currently undergoing demolition and renovation, this space will be tenant-ready by the third quarter of 2024. The property boasts a prime location, offering unparalleled access to Winter Park City Hall, Rollins College, and a vibrant array of retail and dining options. The second-floor suite is designed as a built-to-suit office, accommodating seven to eight individual workspaces. Large windows provide stunning views of Park Avenue, ensuring tenants can enjoy the lively atmosphere of street festivals and parades. The space is zoned for commercial use and is available as a single-tenant occupancy. The asking rent is $40 per square foot, with a common area maintenance (CAM) charge of $9 per square foot. This is a unique opportunity to secure a highly desirable office space in one of Central Florida's most sought-after locations. The building itself does not have a total square footage listed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.