1075 Morse BlvdWinter Park, FL 32789

  • Office properties
  • 6,012 SF
For Sale

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1075 Morse Blvd, Winter Park, Florida

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

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
$21,725
$492,449
$1,030,826
$1,523,275
-
$492,449
$1,030,826
$1,523,275

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