Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 Garfield Ave, Unit A Winter Park, FL 32789-3179

    • Office Properties & Spaces
    • 2,353 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimations
    $415,000
    Show details
    Cap Rate Potential
    10%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US18-3655325
    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.

    Current Use by Public Records

    • Baird Private Wealth Management / Financial Planner / Financial Consultant

    Property Details for 300 Garfield Ave

    Year built
    2006
    Lot size
    0.08 lot acres
    Property size
    2,353 SF
    Zone code
    O-1
    Property type
    Office Properties & Spaces
    APN
    06-22-30-1364-00-010
    APU
    62230136400010

    Description

    This exceptional 2,722-square-foot Class A office condominium is situated on the second floor of a prestigious building in Winter Park, Florida's Central Business District. Located at 300 Garfield Avenue, Suite B, 32789, this property enjoys a highly desirable location just two blocks from the Brightline Station and Park Avenue, offering unparalleled convenience and accessibility. Built in 2006, the space is ideal for a variety of professional services, including finance, legal, and marketing firms. The flexible layout caters to coworking spaces, executive offices, traditional offices, or creative office environments, making it a versatile option for various business needs. The sale includes a single tenancy, currently leased until May 30, 2024. Two covered, designated parking spaces are included, adding significant value and convenience for employees and clients. This is a rare opportunity to acquire a well-located, high-quality office condominium in a thriving area of Winter Park. The property's prime location and versatile space make it an attractive investment for discerning buyers seeking a strong foothold in a dynamic market. The building's Class A status ensures a professional and modern environment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $375,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $625,000
      6.5%
      $575,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $343,000
      Market price range: $164k - $728k

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Park
    County
    Orange
    State
    Florida
    Longitude
    -81.354
    Latitude
    28.5994
    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
    $8,171
    $103,532
    $414,128
    $517,660
    -
    $103,532
    $414,128
    $517,660

    Comparable in this City

    • Value Estimation
      $285,000
      77 SF

      2180 Park Aveb5

      CONDOMINIUM OFFICES • 77 SF
      2180 Park Aveb5, Winter Park, FL 32789-2359
      View Details
    • Value Estimation by Request
      45,000 SF

      913-957 Pennsylvania Ave

      Medical offices • 45,000 SF
      913-957 Pennsylvania Ave, Winter Park, FL 32789
      View Details
    • Value Estimation
      $285,000
      77 SF

      2180 Park Aveb2

      CONDOMINIUM OFFICES • 77 SF
      2180 Park Aveb2, Winter Park, FL 32789-2359
      View Details
    • Value Estimation
      $315,000
      270 SF

      700 Morse Blvd, Unit B-1

      CONDOMINIUM OFFICES • 270 SF
      700 Morse Blvd, Winter Park, FL 32789-3748
      View Details
    • Value Estimation
      $305,000
      309 SF

      700 Morse Blvd

      CONDOMINIUM OFFICES • 309 SF
      700 Morse Blvd, Winter Park, FL 32789-3748
      View Details
    • Value Estimation
      $400,000
      2,003 SF

      1350 Orlando Ave Ste, Unit 2

      CONDOMINIUM OFFICES • 2,003 SF
      1350 Orlando Ave Ste, Winter Park, FL 32789-5555
      View Details

    Similar Nearby for Sale

    • $425,000
      885 SF

      Winter Park Office Space Investment

      Prime Park Avenue location, 885 sq ft office.
      157 Winter Park Rd, Winter Park, FL 32789
      View Details
    • $4,925,000
      10,000 SF

      Winter Park Freestanding Office Building

      10,000 SF Winter Park office building with modern renovation.
      2200 N Park Ave, Winter Park, FL 32789
      View Details
    • $399,000
      633 SF

      Park Avenue Office Condo For Sale

      633± SF office condo with dedicated parking on Park Avenue.
      2180 North Park Ave, Winter Park, FL 32789
      View Details
    • $3,400,000
      13,034 SF

      Winter Park Commercial Building For Sale

      Two-story building on 0.64 acres in Winter Park, Florida.
      1000 S Orlando Ave, Winter Park, FL 32789
      View Details
    • Contact for pricing
      7,500 SF

      Winter Park Office Building Opportunity

      Four-story office building in Winter Park, Florida, for sale.
      280 W Canton Ave, Winter Park, FL 32789
      View Details
    • $2,900,000
      5,928 SF

      Renovated Winter Park Office Space

      Professionally designed office with high-end finishes and open workspaces.
      1075 W Morse Blvd, Winter Park, FL 32789
      View Details

    Similar Nearby for Lease

    • $15,120 /Mo
      30,406 SF

      Winter Park Executive Office Suite

      Prime Winter Park Office Space Available
      1950 Lee Rd, Winter Park, FL 32789
      View Details
    • Contact for pricing
      34,182 SF

      Winter Park Office Building For Sale

      Prime Winter Park location, 3,623 sq ft available.
      398 Morse Blvd, Winter Park, FL 32789
      View Details
    • $25 SF/Yr
      136,747 SF

      Lee World Center: Winter Park Office

      Executive Suites, Winter Park, FL. Prime Location.
      1850 Lee Rd, Winter Park, FL 32789
      View Details
    • $210 SF/Yr
      7,540 SF

      Winter Park Office Space Available

      7,540 SF Office Building, Fully Vacant
      1555 Howell Branch Rd, Winter Park, FL 32789
      View Details
    • Contact for pricing
      3,449 SF

      Park Avenue Retail/Office Space

      Prime Winter Park location, two suites available.
      236 Park Ave, Winter Park, FL 32789
      View Details
    • $22 SF/Yr
      21,000 SF

      Winter Park Medical Office Building

      Prime Medical Office Space in Winter Park, FL
      1400 Orlando Ave, Winter Park, FL 32789
      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.
    300 Garfield Ave, Unit A
    Winter Park, FL 32789-3179
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.