118 Jefferson St, Orlando, FL 32801-1828
This exceptional Class A, three-story office building, totaling 7,941 square feet, presents a compelling investment opportunity in the heart of downtown Orlando. Built in 1925 and extensively renovated in 2004, the property boasts 26 executive and creative office suites, a conference room, reception area, and six private bathrooms. Currently housing 15 tenants on month-to-month agreements, the building offers significant upside potential for increased occupancy and rental income. The property features a new roof (2023) and newer HVAC systems, ensuring efficient operation and reduced maintenance costs. Financial projections indicate a strong pro-forma NOI of $174,864, representing a 7.97% pro-forma cap rate. The current NOI is $94,079, with a 4.29% cap rate and 60% occupancy. The asking price is $2,195,000, translating to $84,423.08 per unit and $276.41 per square foot. The property is offered fee simple, with seller financing available to qualified buyers. Located at 118 E Jefferson St, Orlando, FL 32801 (APN: 26 22 29 7352 31 012), this property is ideally situated to capitalize on the vibrant downtown Orlando market. The building's flexible layout and modern amenities make it an attractive option for a diverse range of tenants. This is a rare opportunity to acquire a well-maintained, income-producing asset with substantial growth potential.
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Miller & Beharry, P.A. Law Firm
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J Charles Assets Corporate Office
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Developer Capital LLC Real Estate Agency
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Sun Standard Roofing Company General Contractor
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Law Offices of Alison M. Lopes, P.A. Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
AC-3A/T · Orlando, FLOrlando. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.