1415 Gene StWinter Park, FL 32792

Property Details for 1415 Gene St

Year built

1950

Lot size

0.41 AC

Property size (Sq ft)

5,192 SF

Zone code

O-1

Property type

Office buildings

APN

12-22-29-0664-00-310

APU

122229066400310

Description

This exceptional 4,351 square foot office building, situated on a 0.41-acre lot in Winter Park, Florida (APN 12-22-29-0664-00-310), presents a compelling owner-user investment opportunity. Recently renovated and boasting a turnkey condition, this property is ideally suited for a business seeking a prime location and convenient amenities. The building is zoned O-1 and offers ample parking with 19 spaces. Its strategic location, just one block from Fairbanks Avenue and two blocks from Orlando Avenue, provides easy access to I-4, facilitating seamless connectivity to the entire Orlando Metropolitan Statistical Area. The property's proximity to numerous restaurants, including 4Rivers Smokehouse, and shopping centers enhances its appeal. Furthermore, convenient access to major thoroughfares like Fairbanks Avenue, Orlando Avenue, I-4, Lee Road, and Princeton Avenue ensures effortless commuting. The current owner is willing to lease back a 1,244 square foot portion of the building, providing a potential income stream for the new owner. This meticulously maintained property represents a rare blend of convenience, functionality, and investment potential in a highly desirable Winter Park location. The asking price is $1,795,000.

• CAP approach

  CAP return

  Valuation

  6%

  $803,428

  6.5%

  $741,626

  7%

  $688,653

• Comparable approach

  Method

  Valuation

  Relative Method

  $660,832

  Geo Method

  $815,300

• Alternative Use

  Use

  Valuation

  Residential

  $919,616

  Hospitality

  $842,364

  Educational

  $700,837

  Medical

  $724,940

  Retail

  $1,090,190

Location Insight

City

Winter Park

County

Orange

State

Florida

Latitude

28.5923

Longitude

-81.3682

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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