Central Florida Cap Rates

UCF & East Orlando Cap Rates

The UCF corridor in east Orlando is one of Central Florida's fastest-growing submarkets, anchored by the University of Central Florida's 70,000+ student body. Multifamily, student housing, retail, and medical office demand are all driven by the university's expansion.

UCF & East Orlando Cap Rates by Asset Class

Asset ClassCap Rate RangeTrendNotes
Student Housing5.5% - 6.75%→ StablePurpose-built student housing commands premium pricing.
Conventional Multifamily5.25% - 6.5%→ StableStrong rental demand from university workforce.
Retail (Waterford Lakes)6.0% - 7.25%→ StablePower center fundamentals remain strong.
Flex/R&D7.25% - 8.5%↑ FirmingUCF Research Park and simulation/training tenants.

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 UCF & East Orlando

  • UCF — largest university in Florida by enrollment (70,000+)
  • Research Park and incubator tenants drive flex/office demand
  • Massive student and young professional rental population
  • Waterford Lakes Town Center — major retail anchor

UCF & East Orlando Cap Rate Outlook

The UCF corridor continues to benefit from enrollment growth and the university's expanding research mission. Student housing remains a core product type, while conventional multifamily and retail benefit from the broader east Orlando population surge. Flex and R&D space demand is emerging as a notable secondary asset class.

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