Commercial Sale · Mixed Use
37 HILL, ORLANDO, FL, 32801
Active151 days on marketListed Mar 6, 2026MLS #O6387728
About this property
The property at a glance
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.
2,166
Building sq ft
$600
Price / sq ft
0.11
Lot acres
1926
Year built
1
Building
Mixed Use
Property type
The numbers
Investment snapshot
4.5%
Cap rate
$58,116
Net operating income
$73,080
Gross income (yr)
Estimated payment (illustrative)
Estimated payment
$6,570/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 John 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
806
Population
$124,776
Median income
38
Median age
2
Avg household
$496,992
Median home value
$2,112/mo
Median rent
41%
Households w/ kids
Consumer profile
This population is characterized by the expression of gay pride, gender identity, and accepting alternative lifestyles.
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.
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
Recent sales
What actually sold near 37 HILL
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$34,800
2613 CURRY FORD ROAD
2,280 sqft · $15/sqft · Sold Feb 11, 2025
$450,000
819 N MILLS AVENUE
2,286 sqft · $197/sqft · Sold Aug 27, 2024
$24,000
23 N SUMMERLIN AVENUE
2,332 sqft · $10/sqft · Sold Jun 15, 2026
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about 37 HILL — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 37 HILL.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of OLDE TOWN BROKERS INC · Parker Blanchard. MLS #O6387728.
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.
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