The 5th Floor Orlando
The 5th Floor Orlando is a coworking space in Orlando, Florida, operated under Avalon Park Group/sitEX International, offering virtual offices, coworking desks, private offices, meeting rooms, and event space to entrepreneurs, startups, and small businesses.
- Company typePrivate
- Founded2020
- HeadquartersOrlando, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What The 5th Floor Orlando does
The 5th Floor Orlando operates a coworking and flexible-workspace business at 3801 Avalon Park East Blvd. Suite 200 within the Downtown Avalon Park master-planned community in Orlando, Florida. The site, opened in March 2021, is operated by sitEX Coworking Concepts, LLC, a subsidiary of Avalon Park Group/sitEX International (parent assets exceed $1 billion). Its product portfolio spans virtual office and mail services, hot-desk coworking memberships, dedicated desks, private offices, an Annex secondary workspace, meeting rooms ($35+/hour), event space ($65+/hour, capacity up to 50), and a podcast room. In October 2022 the company also introduced The 5th Floor Services, a growth-strategy offering delivered through a partnership with nØught labs, extending its scope beyond physical workspace.
The business generates revenue through four streams: recurring coworking memberships (hot desk, dedicated desk, private office), pay-as-you-go meeting and event space rentals, virtual office subscriptions starting at $99 per month, and ancillary professional services including concierge, reception, phone, and growth strategy. Distribution is primarily self-serve via the website (online booking and member login) and direct walk-in tours; the company also runs a multi-channel marketing program spanning blog content, organic social media (Facebook, Instagram, LinkedIn, Twitter/X), email newsletter, member spotlights, and community events such as the Children's Entrepreneur Market at Avalon Park.
The 5th Floor is part of a multi-location brand that includes Basel (flagship, 2020, life-sciences focus), San Juan Puerto Rico (October 2021), Kuala Lumpur (October 2022), and Klybeck in Basel-Stadt (September 2024). The stated corporate vision is to build a global chain of pro-working spaces focused on life sciences and connected industries. The Orlando customer base is highly fragmented, serving entrepreneurs, startups, SMBs, and solo professionals across engineering, real estate, creative, security, home care, mortgage lending, education, and insurance segments, with no enterprise anchor customers and no disclosed external funding.
The 5th Floor Orlando firmographics
Firmographics- Name
- The 5th Floor Orlando
- Legal name
- sitEX Coworking Concepts, LLC
- Website
- https://the5thfloor.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The 5th Floor Orlando is a coworking space in Orlando, Florida, operated under Avalon Park Group/sitEX International, offering virtual offices, coworking desks, private offices, meeting rooms, and event space to entrepreneurs, startups, and small businesses.
- Ownership category
- akta.pro rank
The 5th Floor Orlando industry classification
Industry- Product category
- Coworking and Flexible Workspace Services
- NAICS
- Facilities Support Services (561210), Office Administrative Services (5611)
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Workplace & Office Support Services (Reception/Mailroom/Porterage/Helpdesk) (IMAIAAAD)
- akta.pro secondary industries
- Meeting & Event Space Services (Setup/Teardown) (BPABAFAL), Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK)
Keywords
Where The 5th Floor Orlando is headquartered
LocationHeadquarters
- HQ city
- Orlando
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
The 5th Floor Orlando business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Coworking Memberships: Monthly and annual memberships for hot desks, dedicated desks, and private offices. Members pay recurring fees for access to workspace, amenities, and community resources.
- Meeting and Event Space Rentals: Hourly rental of conference rooms, presentation rooms, and event spaces for members and external customers. Orlando location charges $35-$65 per hour depending on space type.
- Virtual Office Services: Business address services, mail handling, and virtual office packages for entrepreneurs and remote workers requiring a professional business address. Orlando offers virtual memberships from $99/month.
- Professional Services: Concierge services, reception services, phone services, and specialty office services provided to members. The 5th Floor Orlando also offers growth strategy services through nØught labs partnership.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Virtual Office Membership |
| Unit Pricing | Pay-as-you-go | Conference Room Rental |
| Unit Pricing | Pay-as-you-go | Event Space Rental |
| Subscription | Monthly | Coworking Desk (Hot Desk) |
| Subscription | Monthly | Dedicated Desk |
| Subscription | Monthly | Private Office |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
The 5th Floor Orlando product offering
Product offeringCore offering
The 5th Floor Orlando operates a coworking and flexible workspace facility in Downtown Avalon Park, Orlando, providing members and drop-in customers with hot desks, dedicated desks, private offices, virtual office and mail services, bookable meeting rooms, event space for up to 50 guests, and a dedicated podcast room. The offering is supplemented by concierge/reception services, mentoring, and an in-house growth strategy agency operated through a partnership with nØught labs.
Product overview
The 5th Floor Orlando is a coworking space and business hub offering a portfolio of flexible workspace solutions. The core offering includes Virtual Office/Mail Services, Coworking Desks (hot desks), Dedicated Desks, Private Offices, Meeting Rooms, Event Space, and Podcast Rooms. Additional offerings include The Annex (secondary workspace), Virtual Membership plans, and The 5th Floor Services (growth strategy agency via nØught labs). The company operates from 3801 Avalon Park East Blvd. Suite 200, Orlando, FL 32828.
Differentiator
Problem solved
Functional benefit
Products and services
- Virtual Office / Mail Services
Companies that use The 5th Floor Orlando
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles4 records
The 5th Floor Orlando technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
The 5th Floor Orlando partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Children's Entrepreneur Market (CEM)minorNonprofit partnership for Children's Entrepreneur Market events at Avalon Park. The 5th Floor and Avalon Park Orlando collaborate to host CEM at Oktoberfest (October 12th) and Avalon Aglow (December 7th) events. CEM empowers children through entrepreneurial experiences, providing opportunities for young entrepreneurs to learn business basics and life skills.
- East Orlando GymminorMember perk partnership offering waived joiner fee for all new gym memberships. Exclusive benefit for The 5th Floor members promoting wellness and holistic health. Valid August 2024, demonstrates ongoing member value program.
- Avalon Park Group / sitEX InternationalcoreParent company and developer of The 5th Floor brand. Avalon Park Group is a diversified family of companies engaged in master-planned community development, home building, mining, and property management in Florida, Texas and Switzerland. With more than $1 billion in total assets, the parent company provides strategic direction and resources for The 5th Floor expansion. Beat Kahli serves as President and CEO of Avalon Park Group/sitEX.
- nØught labsminorGrowth strategy agency partnership for The 5th Floor Orlando. The 5th Floor Services launched in October 2022 to offer clients growth strategy services via nØught labs, extending The 5th Floor value proposition beyond physical workspace.
- Marketplace Vendors (Cheese to Share, NOLA Avalon Park, Spoleto, Pico de Gallo, Resto, Avalon General, Bowigens Avalon Park)minorCatering and beverage partners for events at The 5th Floor Orlando. Located within Avalon Park Marketplace, these vendors provide food and beverage options for holiday celebrations and events hosted at the coworking space.
- Avalon Park Orlando / Downtown Avalon ParkcoreIntegration with Avalon Park master-planned community provides strategic location advantage. The 5th Floor Orlando is located in Downtown Avalon Park, benefiting from the community's amenities, events, and established business ecosystem.
Scale indicators3 records
Recent moves9 records
Expansion highlights4 records
The 5th Floor Orlando competitors and assessment
Company assessmentEmerging players
- The Wing: Coworking and community space operator historically focused on women professionals, with locations in NYC and other major US cities. Comparable coworking product mix but distinct target segment.
- BioCity (now part of MediCity): Life-sciences-focused business incubator and workspace operator based in the UK. Comparable to The 5th Floor's stated Basel life-sciences vertical positioning in combining flexible workspace with biotech industry ecosystem.
Regional players
- District Cowork: Boutique coworking operator in Central Florida including Orlando. Directly comparable in target market (Orlando entrepreneurs and SMBs) and product offering, representing head-to-head local competition.
- Workbar: Regional coworking operator primarily in the Northeast US offering shared workspaces and private offices. Comparable product offering but limited geographic overlap with The 5th Floor's markets.
Direct peers
- Mindspace: Boutique coworking and serviced office provider with locations in the US, Europe, and Israel. Closely comparable in flexible workspace product mix and design-forward positioning for SMB and enterprise tenants.
- Convene: Flexible workspace and meeting/event venue operator with a hospitality-led service model. Comparable in its combined meeting/event space emphasis alongside traditional coworking.
- WeWork: Global coworking and flexible office operator offering hot desks, dedicated desks, private offices, and event space to entrepreneurs and enterprises. Most directly comparable by product offering and target customer, though significantly larger scale.
- Serendipity Labs: Member-based coworking and flexible office operator with locations across the US. Comparable in offering private offices, coworking, virtual offices, and meeting rooms to SMB and enterprise clients.
- Industrious: Premium flexible office and coworking operator providing private offices, suites, and meeting space with hospitality-driven service model. Comparable boutique positioning and target SMB/enterprise segments.
Broad incumbents
- IWG (Regus, Spaces, HQ): World's largest flexible workspace operator with thousands of locations under multiple brands (Regus, Spaces, HQ, Signature). Overlaps directly with The 5th Floor's coworking, virtual office, and meeting room offerings, but at vastly greater scale and geographic reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
The 5th Floor Orlando social profiles
Digital presenceThe 5th Floor Orlando financial estimates
Financial estimateRevenue estimate
Valuation estimate
The 5th Floor Orlando leadership team
Management profileNumber of profiles
Profiles1 record
The 5th Floor Orlando funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The 5th Floor Orlando M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The 5th Floor Orlando
What does The 5th Floor Orlando do?
The 5th Floor Orlando operates a coworking and flexible workspace facility in Downtown Avalon Park, Orlando, providing members and drop-in customers with hot desks, dedicated desks, private offices, virtual office and mail services, bookable meeting rooms, event space for up to 50 guests, and a dedicated podcast room. The offering is supplemented by concierge/reception services, mentoring, and an in-house growth strategy agency operated through a partnership with nØught labs.
Is The 5th Floor Orlando a public or private company?
The 5th Floor Orlando is a private company. It is classified as corporate owned and is currently operating.
When was The 5th Floor Orlando founded?
The 5th Floor Orlando was founded in 2020. It employs 1 to 10 people.
Where is The 5th Floor Orlando based?
The 5th Floor Orlando is headquartered in Orlando, United States, in the North America region.
How does The 5th Floor Orlando make money?
Four revenue lines are on record. Coworking Memberships are the primary driver. The others are meeting and Event Space Rentals, virtual Office Services and professional Services.
Who are The 5th Floor Orlando's main competitors?
Emerging players on record are The Wing and BioCity (now part of MediCity). Regional players are District Cowork and Workbar. Direct peers are Mindspace, Convene, WeWork, Serendipity Labs and Industrious. IWG (Regus, Spaces, HQ) is listed as a broad incumbent.
Does The 5th Floor Orlando have an API?
No public API is recorded for The 5th Floor Orlando.
What industry is The 5th Floor Orlando in?
The 5th Floor Orlando's product category is Coworking and Flexible Workspace Services. Its primary akta.pro industry code is IMAIAAAD, Workplace & Office Support Services (Reception/Mailroom/Porterage/Helpdesk), with a secondary code of BPABAFAL, Meeting & Event Space Services (Setup/Teardown). Its NAICS code is 561210 and its SIC code is 8744.