Central Florida Cap Rates

Downtown Orlando Cap Rates

Downtown Orlando is the urban core with a mix of Class A and B office product, adaptive reuse buildings, and growing multifamily infill. Fundamentals reflect the broader recovery of CBD office in post-pandemic markets.

Downtown Orlando Cap Rates by Asset Class

Asset ClassCap Rate RangeTrendNotes
Class A Office7.5% - 9.0%↓ SofteningOffice cap rates have expanded post-pandemic.
Class B Office8.5% - 10.5%↓ SofteningValue-add pricing for older product.
Urban Multifamily5.25% - 6.25%→ StableInfill product commands premium pricing.
Street Retail6.25% - 7.5%→ StableF&B and experiential retail dominate tenant mix.

Cap rate ranges are directional estimates based on Central Florida transactional data and are updated quarterly. For deal-specific pricing, contact MaxLife Realty for a current valuation.

What Drives Demand in Downtown Orlando

  • Class A office concentration with regional and corporate HQs
  • Courts, government, and financial services
  • Growing multifamily infill and adaptive reuse
  • SunRail station connectivity

Downtown Orlando Cap Rate Outlook

Downtown Orlando office pricing has reset meaningfully and offers the best risk-adjusted entry for value-add investors willing to underwrite lease-up. Multifamily fundamentals remain strong. Watch for conversion opportunities as owners of older office product explore residential repositioning.

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