Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    668 Orlando Ave Ste, Unit 108 Maitland, FL 32751-4459
    Back to Search
    Property profile & analytics

    668 Orlando Ave Ste, Unit 108, Maitland, FL 32751-4459

    View on Map
    • Office Spaces
    • 1,149 SF
    • 0.03 lot acres
    Off-Market
    Last Sale Dec 26, 2023
    $280,000
    Property ID
    US18-9857469
    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

    • Office Spaces

    Property Details for 668 Orlando Ave Ste

    Year built
    1985
    Lot size
    0.03 lot acres
    Zone code
    DMZD
    Property type
    Office Spaces
    APN
    25-21-29-5469-01-080
    APU
    252129546901080

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 26, 2023 $280,000 Jayjaylohair LLC Advanta Ira Services LLC Special Warranty Deed $400k · Newtek Bank NA
    Feb 18, 2016 $212,000 Greg Galloway Blais,lizanne C Warranty Deed —
    Nov 7, 2007 $275,800 Lizanne C Blais Realtyfund III LLC Warranty Deed $221k · Creative Financial Svcs Of Tampa Ba

    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
    Maitland
    County
    Orange
    State
    Florida
    Longitude
    -81.3623
    Latitude
    28.6319
    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
    $3,533
    $43,662
    $174,648
    $218,310
    -
    $43,662
    $174,648
    $218,310

    Comparable in this City

    • Value Estimation by Request
      8,071 SF

      1351 Orlando Ave

      Restaurants
      1351 Orlando Ave, Maitland, FL 32751
      View Details
    • Value Estimation by Request
      5,178 SF

      700 Concourse Pkwy

      Medical Office Space
      700 Concourse Pkwy, Maitland, FL 32751
      View Details
    • Value Estimation by Request
      1,885 SF

      1681 Maitland Ave

      Office Spaces
      1681 Maitland Ave, Maitland, FL 32751
      View Details
    • Value Estimation
      $1,795,000
      10,368 SF

      2603 Maitland Ctr Pkwyc

      CONDOMINIUM OFFICES
      2603 Maitland Ctr Pkwyc, Maitland, FL 32751-4102
      View Details
    • Value Estimation
      $555,000
      2,122 SF

      670 Orlando Ave Ste, Unit 103

      CONDOMINIUM OFFICES
      670 Orlando Ave Ste, Maitland, FL 32751-4465
      View Details
    • Value Estimation by Request
      1,113 SF

      331 Maitland Ave Ste D1

      CONDOMINIUM OFFICES
      331 Maitland Ave Ste D1, Maitland, FL 32751-4755
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Maitland Office Building For Sale

      Prestigious Maitland office building in a thriving business corridor.
      166 Lookout Pl, Maitland, FL 32751
      View Details
    • Contact for pricing
      42,555 SF

      Maitland Office Building For Sale

      42,555 SF office building in Maitland, Florida.
      2250 Lucien Way, Maitland, FL 32751
      View Details
    • Contact for pricing
      1,957 SF

      Maitland Office Building For Sale

      1,885 SF office building in Maitland, Florida.
      1681 N Maitland Ave, Maitland, FL 32751
      View Details
    • $330,000

      Medical Office Suite with Exam Rooms

      Well-designed first-floor office suite with exam rooms and private offices near a major hospital and major roadways.
      331 North Maitland 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

      Maitland Office Space Available

      Office property available for rent in Maitland, Florida.
      1551 Sandspur Rd, Maitland, FL 32751
      View Details
    • Contact for pricing

      Office Space for Rent

      Office space available for rent in Maitland, Florida.
      2600 Lake Lucien Dr, Maitland, FL 32751
      View Details
    • Contact for pricing
      16,169 SF

      Maitland Office Space For Rent

      Class A office space with modern amenities and convenient access.
      485 North Keller Rd, Maitland, FL 32751
      View Details
    • $21 SF/Yr
      5,364 SF

      Maitland Downtown Office Space

      Office space in the heart of Maitland Downtown.
      1051 Winderley Pl, Maitland, FL 32751
      View Details
    • Contact for pricing
      5,754 SF

      Maitland Center Office Space Available

      Class A office space with on-site amenities in Maitland.
      1060 Maitland Ctr Cmns, Maitland, FL 32751
      View Details
    • $24 SF/Yr
      26,570 SF

      Class A Office Space Available

      Class A office space for rent in Maitland Center.
      2301 Maitland Center Pkwy, 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.
    668 Orlando Ave Ste, Unit 108
    Maitland, FL 32751-4459
    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
    668 Orlando Ave Ste, 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!