2222 South Street, ORLANDO, FL 32805
Priced at Only: $4,500,000
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- MLS#: TB8485557 ( Residential Income )
- Street Address: 2222 South Street
- Viewed: 14
- Price: $4,500,000
- Price sqft: $0
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Lake Front
- Year Built: 1960
- Bldg sqft: 0
- Bedrooms: 38
- Total Baths: 37
- Days On Market: 3
- Additional Information
- Geolocation: 28.5376 / -81.4106
- County: ORANGE
- City: ORLANDO
- Zipcode: 32805
- Subdivision: Westfield Sub
- Provided by: FLORIDA REALTY INVESTMENTS
- Contact: Tito Urbano Perez
- 407-207-2220
- DMCA Notice
Description
a 37 unit multifamily investment opportunity in Downtown Orlando consisting of 36 one bedroom units and 1 two bedroom unit. The property sits on 6.33 acres, offering potential for future development or expansion. Over the past two years, the property has undergone approximately $300,000 in renovations. Multiple units overlook Sunset Lake, providing attractive water views. Units are separately metered for water and electric and currently operates with below market rents, presenting investors with a clear value add opportunity through future rent growth.
Strategically located in the urban core, the property offers convenient access to major transportation corridors including John Young Parkway, SR 408, Floridas Turnpike, and I 4. The property is within a mile of Camping World Stadium and just minutes from the Kia Center and Inter&Co Stadium, home of the Orlando Magic and Orlando City SC, supporting strong rental demand driven by nearby employment, entertainment, and continued growth in Downtown Orlando.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Courtyard
- Living Area: 19392.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Wall/Window Unit(s)
- Heating: Ductless
- Sewer: Public Sewer
- Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Rental Information
- Tenant Pays: Electricity, Sewer, Water
Other Features
- Country: US
- Interior Features: Other
- Legal Description: WESTFIELD M/80 LOTS 1 THRU 7 & THAT PT OF LOTS 8 & 9 LYING NWLY OF FOLLOWING DESC LINE BEG 6 FT NWLY OF NW COR OF LOT 9RUN SELY TO A POINT 6 FT SELY OF SW COROF LOT 9 & BEG SW COR OF LOT 9 RUN SELY6 FT SWLY PARALLEL TO NWLY LINE OF LOT 9TO WATERS EDG E NWLY ALONG WATERS EDGE TO A POINT ON PROLONGATION LINE OF NWLY LINE OF LOT 9 THENCE NELY TO POB BLK 10& THAT PT OF OCCUPIED PLATTED LAKE LYINGBETWEEN THE W LINE OF LOT 1 BLK 10 EXTENDED TO THE S BOUNDARY OF PLAT AND THE ELINE PROPERTY LINE EXTENDE D TO A POINTOF INTERSECTION OF THE E LINE OF LOT 4 BLK 10
- Area Major: 32805 - Orlando/Washington Shores
- Parcel Number: 28-22-29-9200-10-010
- Views: 14
- Zoning Code: R-1A
