Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    561 Horatio Ave Maitland, FL 32751-4520
    Property profile & analytics

    561 Horatio Ave Maitland, FL 32751-4520

    View on Map
    • Investment properties
    • 1,448 SF
    • 0.40 lot acres
    Off-Market
    Last Sale Nov 30, 2020
    $565,000
    Property ID
    US18-1176913
    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
    $655,000
    Show details
    Cap Rate Potential
    2%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Millennium Fire & Security, Inc. / Building Supply / Security Service

    Property Details for 561 Horatio Ave

    Year built
    1950
    Lot size
    0.40 lot acres
    Property size
    1,448 SF
    Zone code
    DM
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    25-21-29-6516-05-042
    APU
    252129651605042

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $826,000
      Market price range: $263k - $827k
      AI Estimate
      $460,000
      Market price range: $238k - $460k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $500,000
      Current use
      AUTO REPAIR, GARAGE
      $485,000
      Change: -2% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Maitland
    County
    Orange
    State
    Florida
    Longitude
    -81.3609
    Latitude
    28.628
    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
    $11,703
    $327,669
    $463,635
    $791,304
    -
    $327,669
    $463,635
    $791,304

    Comparable in this City

    • Value Estimation
      $660,000
      2,250 SF

      206 Sybelia Ave

      STORE/OFFICE (MIXED USE) • 2,250 SF
      206 Sybelia Ave, Maitland, FL 32751-4739
      View Details
    • Value Estimation by Request
      918 SF

      100 Jackson St

      STORE/OFFICE (MIXED USE) • 918 SF
      100 Jackson St, Maitland, FL 32751-5570
      View Details
    • Value Estimation by Request
      1,112 SF

      701 Lk Lily Dr

      STORE/OFFICE (MIXED USE) • 1,112 SF
      701 Lk Lily Dr, Maitland, FL 32751
      View Details
    • Value Estimation by Request
      1,785 SF

      110 Maitland Ave

      STORE/OFFICE (MIXED USE) • 1,785 SF
      110 Maitland Ave, Maitland, FL 32751-5516
      View Details
    • Value Estimation by Request
      1,691 SF

      511 Maitland Ave

      STORE/OFFICE (MIXED USE) • 1,691 SF
      511 Maitland Ave, Maitland, FL 32751-4421
      View Details
    • Value Estimation by Request
      1,980 SF

      221 Packwood Ave

      STORE/OFFICE (MIXED USE) • 1,980 SF
      221 Packwood Ave, Maitland, FL 32751-5553
      View Details

    Similar Nearby for Sale

    • $3,500,000
      0.85 Acres

      Maitland Mixed-Use Development Opportunity

      29-unit multifamily with commercial building and lot for development.
      421 E Kennedy Blvd, Maitland, FL 32751
      View Details
    • $250,000
      0.26 Acres

      Cleared Lot in Maitland, FL

      0.26 acre cleared lot ready for your dream home.
      1130 Mechanic St, Maitland, FL 32751
      View Details
    • $2,975,000
      3,851 SF

      Freestanding Building in Maitland, Florida

      Freestanding building in Maitland with strong demographics and high visibility.
      450 S Orlando Ave, Maitland, FL 32751
      View Details
    • Contact for pricing

      Maitland Class A Medical Office

      Class A medical office in premier Maitland location for sale.
      740 Concourse Pkwy South, Maitland, FL 32751
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Maitland Warehouse Suites For Rent

      Warehouse suites available from 2,400 SF in Maitland, FL.
      137 Atlantic Dr, Maitland, FL 32751
      View Details
    • Contact for pricing
      3,219 SF

      Renovated Office Space Available

      Move-in ready office suites with lakefront views and ample parking.
      1101 N Lake Destiny Rd, Maitland, FL 32751
      View Details
    • Contact for pricing

      New Retail Space in Maitland

      First generation retail space in a new shopping center.
      701 Trelago Way, Maitland, FL 32751
      View Details
    • Contact for pricing
      4,009 SF

      Maitland Office Space Available

      4,009 SF office space for lease in Maitland, Florida.
      Maitland Center Pkwy, Maitland, FL 32751
      View Details
    • Contact for pricing
      18,391 SF

      Maitland Office Space Available

      Office space available for rent in Maitland, Florida.
      2405 Lucien Way, Maitland, FL 32751
      View Details
    • Contact for pricing

      Class A Medical Office Space

      Premier Maitland location, adjacent to retail and medical trade area.
      740 Concourse Pkwy South, Maitland, FL 32751
      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.
    561 Horatio Ave
    Maitland, FL 32751-4520
    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
    561 Horatio Ave, Maitland, FL, 32751
    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!