David Ramirez
Office

Commercial Sale · Office

$795,000$850,0001,974 sq ft$403 /sq ft0.24 acres2 units

1922 HILLCREST STREET, ORLANDO, FL, 32803

Active144 days on marketListed Mar 14, 2026MLS #O6387223

About this property

The property at a glance

Virtually Staged. Prime investment opportunity in the heart of Colonialtown / Downtown Orlando. This well-located office property on the corner of Hampton and Hillcrest offers excellent functionality along with additional income potential thanks to its detached secondary unit. The main building offers approximately 1,016 sq ft of heated and cooled space and features 2 private offices and a main open area, making it ideal for professional offices, consulting businesses, or small companies seeking a central location. At the rear of the property, a detached 546 sq ft unit with an enclosed 100 sq ft porch has been fully renovated and is configured as a 2-bedroom, 1-bathroom residential unit, providing a valuable income-producing opportunity. Below this unit, there are two storage bays planned to be converted into apartments, currently in the permitting process, with plans available. The building is separately metered for electricity, allowing flexible rental or business use. The property sits on an oversized corner lot with 6 parking spaces and an improved parking area. The main building features a roof installed in 2012, while the rear unit has a roof installed in 2020. HVAC systems were installed in 2022 and 2023, providing comfort and reliability. Beautiful mature oak trees, lush landscaping, St. Augustine grass, and a full sprinkler system enhance the exterior. Located just one block from Colonial Drive, the property offers convenient access to downtown Orlando, the courthouse, shops, restaurants, and public transportation. With new development planned across the street, this property offers immediate usability along with long-term investment potential in one of Orlando’s most desirable central locations.

1,974

Building sq ft

$403

Price / sq ft

0.24

Lot acres

1940

Year built

2

Units

2

Buildings

O-1/T

Zoning

Office

Property type

Building size1,974 sq ft
Lot size0.24 acres
Year built1940
Units2
Buildings2
ZoningO-1/T
Parking6 to 12 Spaces
ConstructionVinyl Siding · Wood Frame
CoolingCentral Air
HeatingCentral
UtilitiesElectricity Available · Phone Available · Public · Water Connected
Annual taxes$4,345

The numbers

Investment snapshot

$397,500

Price / unit

2

Units

Estimated payment (illustrative)

Down payment25% · $198,750
Interest rate6.00%
Loan term

Estimated payment

$4,097/mo

Principal & interest$3,575
Property taxes (actual bill)$362
Est. insurance$160

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 David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

49,500vehicles / day · 2025Summerlin Ave to Bumby Ave · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Black Bean DeliRestaurant0.1 mi
Sticky RiceRestaurant0.1 mi
Sus Hi Eatstation - ColonialRestaurant0.1 mi
Bakery 1908Grocery0.1 mi
Happy LemonRestaurant0.1 mi
Z Asian Vietnamese KitchenRestaurant0.1 mi
Fluffy Fluffy Dessert CafeRestaurant0.1 mi
Bikkuri Sushi Noodle & GrillRestaurant0.1 mi
Maria Del Pilar BridalRetail0.1 mi
Loving HutRestaurant0.1 mi
Super Oriental MarketGrocery0.1 mi
7-ElevenGrocery0.2 mi
Shin Jung Korean RestaurantRestaurant0.2 mi
Thai House of Orlando RestaurantRestaurant0.2 mi
Wendy'sRestaurant0.2 mi
Drunken MonkeyRestaurant0.3 mi
ChaseBank0.3 mi
PublixBank0.3 mi
Y Nhu Bakery & CafeRestaurant0.3 mi
PublixGrocery0.3 mi
Foot LockerRetail0.3 mi
iFresh MarketGrocery0.3 mi
Sprouts Farmers MarketGrocery0.3 mi
Beefy KingRestaurant0.3 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

1,329

Population

$68,504

Median income

41

Median age

2

Avg household

$437,200

Median home value

$1,214/mo

Median rent

91%

Households w/ kids

Consumer profile

Body ArtTop 1%

Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.

Artistic AppreciationTop 2%

Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.

BookishTop 2%

Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.

Coffee ConnoisseurTop 4%

Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.

All About HairTop 5%

Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.

NetworkingTop 5%

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.

Recent sales

What actually sold near 1922 HILLCREST STREET

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

2880 S OSCEOLA AVENUE UNIT 5

$475,000

2880 S OSCEOLA AVENUE UNIT 5

1,642 sqft · $289/sqft · Sold Sep 13, 2024

827 IRMA AVENUE

$54,000

827 IRMA AVENUE

1,635 sqft · $33/sqft · Sold Jun 1, 2025

1500 W PRINCETON STREET

$564,000

1500 W PRINCETON STREET

1,562 sqft · $361/sqft · Sold May 18, 2026

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 1922 HILLCREST STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 1922 HILLCREST STREET.

See it in person

Schedule a tour

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Listing courtesy of LPT REALTY, LLC · Andres Ospina Rivera. MLS #O6387223.

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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