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37 Hill Ave 2,166 SF 100% Leased Flex Building Orlando, FL 32801 $1,299,000 ($599.72/SF) 4.61% Cap Rate



Investment Highlights
- Located in the heart of Thornon Park Main Street District, Lake Eola Park down the street, easy access to I-4 and 408, Corner Lot,
- 100% Occupied
- Four Units, Office Condo's
Executive Summary
Positioned on a prominent corner lot in the heart of Thornton Park, one of Downtown Orlando’s most vibrant and walkable districts, 37 Hill Avenue presents a rare mixed-use investment opportunity with exceptional flexibility and upside potential. The property consists of four individually condoed units, all being offered together, creating a unique opportunity for investors, owner-operators, or those seeking to capitalize on Thornton Park’s strong demand for both residential and commercial space. Located just steps from Lake Eola, renowned dining, boutique retail, and the city’s premier nightlife corridor, the property benefits from outstanding visibility, accessibility, and long-term appreciation potential in one of Orlando’s most desirable urban neighborhoods. Recent capital improvements include a new AC package unit installed in October 2021, a new roof completed in December 2022, and a new electrical panel installed in September 2025, providing peace of mind and reducing near-term capital expenditures. With the units already individually condoed, investors have the rare advantage of flexible exit strategies, including holding as a high-performing income property, selling units individually, or repositioning to maximize value, making this a standout opportunity to secure a trophy asset in the highly sought-after Thornton Park market.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Air Conditioning
Utilities
- Water
- Sewer
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
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Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
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37 Hill Ave
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