Florida·Data as of Q4 2025

Orlando, FL CAM Reconciliation Guide

Vacancy rates, property tax system, operating expense benchmarks, and market-specific CAM billing considerations for Orlando, FL commercial landlords.

Current Vacancy Rates

16.8%
Office Vacancy
3.5%
Retail Vacancy
6.4%
Industrial Vacancy

Source: CBRE/JLL Q4 2025 Market Reports

Average CAM per Square Foot

$10.00
Office /SF/yr
$9.00
Retail /SF/yr
$3.50
Industrial /SF/yr

Property Tax System

Assessment Authority

Orange County Property Appraiser

Protest Procedure

File petition with Value Adjustment Board (VAB) by September 15 (or 25 days after TRIM notice). Magistrate hearing; circuit court appeal available.

Effective Tax Rate

~1.5-1.9% effective rate (no state income tax)

Key Submarkets

Downtown OrlandoLake Nona/Medical CityInternational DriveMaitland/Altamonte SpringsLake Mary/HeathrowAirport/OIA Corridor

CAM Billing Considerations

  • Tourism/hospitality adjacency creates mixed-use CAM complexity
  • Hurricane insurance costs as major variable CAM expense
  • Lake Nona medical/life science cluster with specialized operating costs
  • Rapid population growth driving retail and industrial demand
  • RCID (Reedy Creek/Central Florida Tourism Oversight District) creates unique governance for theme park-adjacent properties
Local BOMA Chapter

BOMA Central Florida

Market Context

Orlando's tourism-driven economy creates unique mixed-use properties where hospitality and office CAM allocations intersect. Hurricane insurance remains the key variable expense in reconciliation.

Reconcile Orlando, FL Properties

CapVeri accounts for market-specific vacancy, local tax timing, and property-type-specific expense pools in your reconciliation.

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