1513 Livingston StOrlando, FL 32803

Property Details for 1513 Livingston St

Year built

1940

Lot size

0.25 AC

Property size (Sq ft)

1,290 SF

Zone code

O-1/T/HP

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

25-22-29-5048-02-100

APU

252229504802100

Description

This Orlando mixed-use property, located at 1513 and 1515 E Livingston St, offers a compelling investment opportunity. The property consists of three buildings totaling 2,982 square feet on a 0.251-acre lot, with 10 parking spaces. The property is zoned O-1/T/HP. The front building, approximately 1,200 square feet, will be vacant upon closing, providing immediate occupancy potential for an owner-user or the opportunity to lease to a new tenant. This building features a lobby, reception area, three offices, a boardroom, a full bathroom, a half-bathroom, and a kitchen/dining space. The rear two-story building, totaling 1,800 square feet, is currently 50% occupied by two tenants under leases expiring June 1, 2027. Each floor of this building (approximately 900 square feet each) has a private entrance, offering flexibility for tenants. Amenities include a ground floor reception area, conference room, office, kitchenette, storage rooms, and a second-floor waiting area, large office, two smaller offices, full kitchen, and bathroom. An outdoor patio with a gazebo provides additional space. The property boasts a Net Operating Income (NOI) of $32,000, with 3% annual rent bumps built into the leases. The property's prime location near Colonial Town, the Milk District, downtown Orlando, and I-4 offers excellent accessibility and visibility. This versatile property presents multiple income streams and significant potential for growth. The asking price is $1,240,000. Built between 1940 and 1982.

• CAP approach

  CAP return

  Valuation

  6%

  $389,297

  6.5%

  $359,351

  7%

  $333,683

• Comparable approach

  Method

  Valuation

  Relative Method

  $313,982

  Geo Method

  $313,982

• Alternative Use

  Use

  Valuation

  Residential

  $359,351

  Hospitality

  $329,163

  Educational

  $273,860

  Medical

  $283,279

  Retail

  $426,005

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5479

Longitude

-81.3607

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].