1075 Morse BlvdWinter Park, FL 32789

Property Details for 1075 Morse Blvd

Year built

1984

Lot size

0.24 AC

Property size (Sq ft)

6,012 SF

Zone code

O-1

Property type

Office buildings

APN

01-22-29-4094-00-080

APU

12229409400080

Description

This exceptional two-story, 5,928 square foot office building in Winter Park, Florida, presents a unique investment opportunity. Located at 1075 W Morse Blvd, in Orange County (zip code 32789), this traditionally styled building sits on a 0.24-acre lot and boasts a 2020 renovation. The property features a blend of private offices and open collaborative workspaces, designed with high-end finishes throughout. Noteworthy features include trendy "open-to-deck" central workspaces, floor-to-ceiling glass in offices, stairwell, and two conference rooms, a center island breakroom with stone countertops, stained concrete and wood flooring, solid core doors, and all offices (including two hidden panel-entry offices) benefitting from natural light. The building is zoned O-1 and is ideally situated across from the new Winter Park Library & Event Center and adjacent to the Keewin Center, a well-established office park. Its location offers easy access to Winter Park's vibrant dining and social scene and major highways via its proximity to 17/92. This meticulously maintained property represents a compelling opportunity for businesses seeking a sophisticated and functional workspace in a highly desirable location. The property's APN is 01-22-29-4094-00-080.

• CAP approach

  CAP return

  Valuation

  6%

  $930,318

  6.5%

  $858,755

  7%

  $797,415

• Comparable approach

  Method

  Valuation

  Relative Method

  $765,201

  Geo Method

  $671,120

• Alternative Use

  Use

  Valuation

  Residential

  $1,064,856

  Hospitality

  $975,403

  Educational

  $811,524

  Medical

  $839,433

  Retail

  $1,262,370

Location Insight

City

Winter Park

County

Orange

State

Florida

Latitude

28.5986

Longitude

-81.3634

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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