Commercial Sale · Assembly Building
514 S PARRAMORE AVENUE, ORLANDO, FL, 32805
Active187 days on marketListed Feb 5, 2026MLS #O6379560
About this property
The property at a glance
In Downtown Orlando’s prime growth corridor, this (3) three-parcel package is within an Opportunity Zone and HUBZone (buyer to verify), which may provide incentive potential for qualified buyers. The site totals .68 ac (11,234 SF) and includes two buildings plus a vacant lot. Starting with 514 S. Parramore Ave., the property features 5,848 SF assembly building with an approximately 200-seat sanctuary. 512 S. Parramore Ave. includes an occupied 5,386 SF building currently used as a school, featuring four classrooms and office space upstairs. 504 S. Parramore Ave., a vacant .20 ac lot is included in the package and provides added flexibility for future expansion or use. This offering supports continued institutional use, adaptive reuse, or full redevelopment as the surrounding area continues to see neighborhood revitalization and new investment. Located minutes from Inter&Co Stadium, Kia Center and Camping World Stadium, this property offers a tremendous opportunity to be a part of the redevelopment that's occurring in one of America's fastest growing cities.
5,848
Building sq ft
$325
Price / sq ft
0.27
Lot acres
1970
Year built
2
Buildings
AC-1/T/PH
Zoning
Assembly Building
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$8,734/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kemarie to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
2,007
Population
$17,292
Median income
44
Median age
2
Avg household
$968/mo
Median rent
148
Households w/ kids
Consumer profile
Ready to turn up when the sun goes down, this population is looking for nighttime entertainment at home or out on the town.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
These folks have their head in the game. Whether it's creating a card game tournament with friends or cheering on the home team, these people want to win.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
When it comes to entertainment, this population is looking for the ultimate experience. Whether it's a charity fundraiser or a concert, elements such as lights, sounds, and merchandise are critical for a good time.
Recent sales
What actually sold near 514 S PARRAMORE AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,468,800
1304 22ND STREET
6,480 sqft · $227/sqft · Sold Dec 31, 2024
$719,000
121 S ORANGE AVENUE UNIT 850N
6,536 sqft · $110/sqft · Sold Apr 23, 2026
$138,000
121 S ORANGE AVENUE UNIT 850/880
6,536 sqft · $21/sqft · Sold Dec 19, 2025
Your team
The pros in your corner
Your agent
Kemarie Johnson
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 514 S PARRAMORE AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 514 S PARRAMORE AVENUE.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of COLDWELL BANKER REALTY · Darlene Lawrence. MLS #O6379560.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New ORLANDO listings, in your inbox
A daily digest of every new listing in ORLANDO — straight from the MLS, hours after it goes live. Unsubscribe anytime.