$375,000

About this home

LEASED INVESTMENT - 100 PERCENT OCCUPIED THROUGH JANUARY 2031. Unit 13 is a 1,282 SF office condo in Building 2 of the Old Winter Garden Road Commerce Center - four private offices, conference room and reception - leased to a nursing academy through 1/31/2031 on a Modified Gross lease with 3 percent annual escalations and a five-year renewal option; the lease transfers with the sale. Year-1 NOI $28,836 - a 7.69 cap at $375,000. Available individually or with the adjoining 2,564 SF suite (Units 12A and 12B, leased to an established congregation through 1/31/2031, MLS S5145472, $600,000) as a 3,846 SF package at $975,000 with combined Year-1 NOI $67,654 (6.94 cap). Concrete block construction (2006), single story, central A/C, in a professionally managed condominium park with shared surface parking; the association covers exterior insurance, common areas, landscaping and the lot. Zoned I-G, City of Orlando. Federal Opportunity Zone. Old Winter Garden Road frontage with about 24,500 vehicles a day; roughly half a mile to I-4, minutes to SR-408, SR-50 and John Young Parkway, about three miles west of downtown Orlando. Independent MAI appraisal, rent roll and leases available to qualified buyers after a confidentiality agreement. Cash or conventional buyers can close in 2026. Showings by appointment with 48 hours notice to the tenant; video walkthrough on request.

Property details

MLS

Stellar MLS

MLS #

MFRS5146021

Property type

Office

Subdivision

OLD WINTER GARDEN ROAD COMMERCE C

Status

Active

Days on market

188

On market date

March 17, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.03 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.