1879-1887 Lee Rd - Loft/Creative Space FOR SALE


Winter Park, FL 32789
$1,800,000 USD
407-449-9383
1879-1887 Lee Rd, Winter Park, FL for Sale
$1,800,000 USD
Loft/Creative Space - FOR SALE
1/20
null | 4.94% Cap Rate

1879-1887 Lee Rd
Winter Park, FL 32789


HIGHLIGHTS

  • Prime Location in Winter Park Florida
  • Ideal for Medical or High-End Professional Use
  • Complete Renovation with High Quality Finishes with Private Entries and Outdoor Patios
  • High Visibility: Positioned on a high-traffic roadway for excellent car visibility, increasing brand exposure without reliance on foot traffic
  • Easy access to Major Highway or Interstate 4, Minutes away from Downtown Orlando and OIA

OVERVIEW

This premier office property at 1879-1887 Lee Rd, Winter Park, FL 32789, is offered for $1,800,000, delivering a 4.94% capitalization rate in 2025. Spanning 5,242 square feet, it generates $115,964 in annual gross rental income for 2025 ($22.12/sq ft/year) from 8 tenants with 3-year leases, ensuring stable cash flow. With annual expenses of $26,800 (real estate taxes: $14,000; electric and water: $2,000; insurance: $9,000; lawn care: $1,800), the property yields a Net Operating Income (NOI) of $88,964 in 2025. Projected rental income for 2026 is $129,396 ($24.68/sq ft/year), reflecting strong growth potential. Key Investment Highlights: Prime Winter Park Location: Strategically positioned on high-traffic Lee Road, offering exceptional visibility, easy access to I-4, and proximity to Winter Park Village and downtown Orlando’s thriving business district. Stable and Growing Income: Generates $115,964 in 2025 rental income from 8 tenants with 3-year leases, with a projected increase to $129,396 in 2026, ensuring reliable and appreciating cash flow. Strong Financial Performance: Delivers a 2025 NOI of $88,964 with a 4.94% cap rate, supported by low operating expenses and a projected 2026 NOI of $102,596, enhancing investment returns. Modern Office Asset: Features 5,242 sq ft of contemporary office spaces, ample parking, and prominent signage, ideal for professional tenants in a high-demand market. Premium Investment Opportunity: Priced at $1,800,000, this property offers robust returns in Winter Park’s low-vacancy office market, with strong growth prospects driven by its prime location and stable tenancy. Located in the heart of Winter Park’s vibrant commercial corridor, this modern office property is an ideal acquisition for investors seeking consistent returns and long-term value in a high-demand market. For more details and or to schedule a viewing call Omar Zoobi at 407-449-9383.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

4.94%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Maxwell Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

O-1

APN/PARCEL ID

01-2229-0060-05-050

ASK ABOUT THIS PROPERTY

Omar ZoobiLinked International CREMore Info
407-449-9383

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Omar ZoobiLinked International CREMore Info
407-449-9383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.