Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1218 Florida St Kissimmee, FL 34741-7303
    Property profile & analytics

    1218 Florida St Kissimmee, FL 34741-7303

    View on Map
    • Warehouses
    • 4,788 SF
    • 0.56 lot acres
    Off-Market
    Last Sale Jul 21, 2022
    Property ID
    US18-4211054
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cowtown Miniwarehouse Self-Storage / Storage Facility
    • Happy Face Entertainment'Z / Party Supply Store / Rental Equipment Company
    • Casa Blanca Stone inc / Kitchen & Bath Showroom / Hardware & Home Improvement

    Property Details for 1218 Florida St

    Year built
    1974
    Lot size
    0.56 lot acres
    Property size
    4,788 SF
    Zone code
    KMPU
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    212529142000010657
    APU
    212529142000010657

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kissimmee
    County
    Osceola
    State
    Florida
    Longitude
    -81.417
    Latitude
    28.2959
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,236
    $109,600
    $246,300
    $355,900
    -
    $109,600
    $246,300
    $355,900

    Comparable in this City

    • Value Estimation
      $13,995,000
      122,982 SF

      2310 Carroll St

      MINI-WAREHOUSE, STORAGE • 122,982 SF
      2310 Carroll St, Kissimmee, FL 34741
      View Details
    • Value Estimation
      $960,000
      8,760 SF

      1316 Clay St

      MINI-WAREHOUSE, STORAGE • 8,760 SF
      1316 Clay St, Kissimmee, FL 34741-6396
      View Details
    • Value Estimation
      $3,235,000
      21,000 SF

      932 Dyer Blvd

      MINI-WAREHOUSE, STORAGE • 21,000 SF
      932 Dyer Blvd, Kissimmee, FL 34741-4626
      View Details
    • Value Estimation
      $990,000
      6,400 SF

      1004 Hoagland Blvd

      MINI-WAREHOUSE, STORAGE • 6,400 SF
      1004 Hoagland Blvd, Kissimmee, FL 34741-4521
      View Details
    • Value Estimation
      $2,555,000
      20,624 SF

      1701 Dyer Blvd

      MINI-WAREHOUSE, STORAGE • 20,624 SF
      1701 Dyer Blvd, Kissimmee, FL 34741-2620
      View Details
    • Value Estimation
      $1,675,000
      11,312 SF

      608 Vine St

      MINI-WAREHOUSE, STORAGE • 11,312 SF
      608 Vine St, Kissimmee, FL 34741-4216
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      32,938 SF

      Multi-Unit Industrial Condo Portfolio

      Sixteen fully rented industrial condo units with stable cash flow.
      1016 American Way, Kissimmee, FL 34741
      View Details
    • $900,000
      2,400 SF

      Spacious Building with High Ceiling

      2400 sqft building with high ceiling and garage.
      386 W Carroll St, Kissimmee, FL 34741
      View Details
    • $3,500,000
      15,044 SF

      KISSIMMEE Warehouse For Sale

      Warehouse property in KISSIMMEE, Florida, currently leased.
      1200 S John Young Pkwy, Kissimmee, FL 34741
      View Details
    • $1,200,000

      Industrial Land with Truck Parking

      2.16 acres of industrial land suitable for warehouse business.
      Buckley Dr, Kissimmee, FL 34741
      View Details
    • Contact for pricing

      Prime Commercial Pad Sites Available

      Pad sites available in Kissimmee on S. John Young Parkway.
      S John Young Pkwy, Orlando, FL 34741
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Kissimmee Warehouse with Office Space

      Warehouse with office space, 14-foot ceilings, convenient location.
      1210-1232 Dyer Blvd, Kissimmee, FL 34741
      View Details
    • $55,000

      Kissimmee Warehouse with Office Space

      5,000 SF warehouse with 1,500 SF air-conditioned office.
      3726 Grissom Ln, Kissimmee, FL 34741
      View Details
    • Contact for pricing

      Industrial Space in Kissimmee, Florida

      Industrial property available for lease in Kissimmee, Florida.
      N Hoagland Blvd, Kissimmee, FL 34741
      View Details
    • Contact for pricing

      Logistics Park Development Opportunity

      Development of high-quality, well-located industrial properties.
      1301 Flora Blvd, Kissimmee, FL 34741
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1218 Florida St
    Kissimmee, FL 34741-7303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1218 Florida St, Kissimmee, FL, 34741
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!