112 PASADENA PLACE, ORLANDO, FL 32803
695,000
3048 Sqft
87/Sqft
Business
Price $695,000
Property type Business
Status Pending
Square feet 8023 Sqft
Year built 1926
Garages N/A
Lot size 8023 Sqft

Description

Exceptional Mixed-Use Opportunity in a Prime Location! Positioned prominently at the corner of Magnolia Avenue and Pasadena Place, this versatile property offers outstanding visibility and convenient access to the I-4 on-ramp. Whether you are seeking a professional office location, an owner-occupied business space, a residential property, or a combination of uses, this mixed-use property offers exceptional flexibility. The current layout includes approximately nine private offices, with additional open areas that could accommodate more office space or be customized to meet a variety of business needs. The property also features a welcoming reception area, waiting area, conference room, kitchen with eating area, laundry area, and ample storage space. With its functional floor plan and multiple levels, the property offers the potential for an owner-user to operate a business on one floor while utilizing or leasing the other for additional income. Parking includes approximately 7–8 spaces behind the building, along with additional street parking. Electrical wiring was updated in 2003. With its highly visible corner location, flexible mixed-use potential, abundant office space, and convenient interstate access, this property presents a unique opportunity for a variety of business, investment, or residential uses.

Location

Restaurant

Pets

Walkable

Kids

Schools Pets Cafes Restaurants

Request more information about
112 PASADENA PLACE

By entering my information and clicking Ask a Question below, I provide my electronic signature and express written consent to receive marketing emails, calls, and messages (including via automatic telephone dialing systems, generative, artificial, or prerecorded voice technology) related to this inquiry (from those calling or messaging on your behalf, as outlined in our Terms and Conditions and Privacy Policy), even if my number is listed on the company, state, or national Do Not Call Registry.

Frequently Asked Questions

Is it a good idea to buy a home in Kissimmee or Davenport to rent it on Airbnb?

Kissimmee and Davenport are two of the most profitable areas for vacation rentals near the Disney theme parks, thanks to year-round tourism demand. However, not all communities allow short-term rentals: you\'ll need to choose developments specifically zoned for short-term rental, such as ChampionsGate, Solara Resort, Storey Lake, Windsor Island, or Reunion. Profitability depends on the size of the home, average occupancy, and the cost of property management, HOA, and taxes. A well-located home can generate attractive income, though results may vary by season and how it\'s managed. At Florida HomeGroup Realty, we only show you Airbnb-approved properties and connect you with experienced vacation rental managers.

What are the closing costs and additional expenses when buying a property in Orlando?

When buying a property in Orlando, you should budget an additional 2% to 5% on top of the purchase price to cover closing costs. These typically include title insurance, title search, inspection, appraisal, prorated taxes, the first property insurance premium, and initial HOA fees if applicable. If you finance the purchase, add loan-related costs (origination, appraisal, and points). Property taxes in Florida usually range between 1% and 1.5% of the assessed value per year. Each transaction can vary depending on the area, property type, and builder. At Florida HomeGroup Realty, we provide a detailed estimate before you sign, so there are no surprises on closing day.

Is it better to buy a new construction home or a resale property in Orlando?

It depends on your goals. A new construction home usually comes with warranties, better energy efficiency, modern designs, and customization options; many builders also offer incentives such as rate buydowns or closing cost assistance. A resale property, on the other hand, may offer a more established location, mature landscaping, room to negotiate the price, and immediate availability. For vacation rental investment, new homes in short-term rental communities are often the preferred choice. Each decision depends on your budget, timing, and personal goals, so it\'s worth reviewing both options with a specialized advisor. At Florida HomeGroup Realty, we help you compare real options and negotiate with both builders and sellers.

Can I buy a house in Orlando if I\'m a foreigner and don\'t live in the United States?

Yes. In Florida, foreign buyers can purchase property without needing a visa, residency, or U.S. citizenship. The process is very similar to that of a local buyer: you submit an offer, complete the inspection, hire a title company, and close the deal. You\'ll only need a valid passport, proof of funds, and in some cases an ITIN for tax purposes. Keep in mind that regulations such as FIRPTA may apply when you sell the property, so it\'s wise to plan from the start. Each case can vary, which is why personalized guidance is recommended. At Florida HomeGroup Realty, we guide international buyers through every step with bilingual support and a fully transparent process.

What financing options are available to buy a home in Orlando if I\'m not a U.S. resident?

There are several alternatives to finance your Orlando property even if you live abroad. The most common is the foreign national loan, which usually requires a down payment between 25% and 35%, proof of income from your home country, and international bank references. Some buyers prefer to pay cash to close faster and refinance later. Interest rates for foreign buyers tend to be slightly higher than for local borrowers, and terms vary by lender. Each institution has its own policies, so it\'s recommended to review options with a specialized advisor before making an offer. At Florida HomeGroup Realty, we work with mortgage brokers who specialize in financing for international and Latin American buyers.

Veterans and Military Benefits

We work with Veterans specialists to provide expert guidance and access the exclusive homebuying benefits for those that have served. Find a Veterans real estate agent or VA loan officer today.

I want a meeting now

Nearby Real Estate

Cities

112 PASADENA PLACE

Save Share

Share this property

Check out this property I found on Florida HomeGroup Realty:

Logo oficial de Florida HomeGroup Realty