$589,000

$505/sq ft

$6,000
Price Decreased

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Overview

Bedroom

3

Bath

2

Year Built

1945

Sqft

1166

Property Type

Single Family Residence

Property Description

Multifamily Development Opportunity close to Orlando Health Hospital South of Downtown Orlando. This offering includes both the home (701 23rd St) and the neighboring parcel (709 23rd St) a unique chance to acquire a sprawling piece of land in an area where space is at a premium. House was fully remodeled in 2018 and is rented for a steady $2,000 monthly, providing an instant return on your investment. With its exceptional size and sought-after location, this property is perfect for a savvy investor or developer looking for a valuable asset with both immediate cash flow and significant long-term appreciation. Furthermore, based on an estimation from the county, approximately 9 to 12 units can be built on the property when merging both parcels (buyer is responsible for verification).

Property Details

MLS#

O6337237

Total Floor in Bldg

1

Address

701 23RD

City

Orlando

State/county

FL

Zip/Postal Code

32805

Area

Angebilt Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,904

Maint Fee

$--

Tax Year

2024

Microwave

Other

Range

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Boris Gelfand