720 S MILLS AVENUE at

720 S MILLS AVENUE

$825,000

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Overview

0.24 acres

Property Description

Adjacent parcel for sale!!! Rarely offered large lot zoned R-2B, presenting a unique opportunity for developers, investors, or end users to design and build(up to 4 units) in one of Downtown Orlando’s most desirable neighborhoods. Ideally nestled along South Mills Avenue in the heart of the Lake Davis and Lake Greenwood area, this property is just minutes from some of Orlando’s most beloved hidden gems, including Lake Davis, Lake Greenwood, and Mills Market. The property features an existing duplex with two one-bedroom, one-bath units and offers the ability to generate rental income while planning future improvements or redevelopment. The expansive lot is beautifully shaded by a canopy of mature Florida live oak trees, thoughtfully positioned primarily within the setbacks, allowing flexibility for future development without interference. Zoning allows for a wide range of development options, including single-family homes, tandem duplexes, or smaller apartment buildings, with the ability to build up to three stories and rooftop decks, subject to buyer verification. The location is less than one mile from Lake Cherokee and Delaney Park and approximately one mile from Lake Eola and the heart of Downtown Orlando, offering a highly walkable and lifestyle-driven setting. This is a rare opportunity to own a property with immediate income potential and exceptional long-term upside in one of Downtown Orlando’s highest-demand rental markets, with convenient access to SR-408. A must-see in person to fully appreciate the setting, mature trees, and future potential.

Property Details

MLS#

O6378091

Address

720 MILLS S

City

Orlando

State/county

Zip/Postal Code

32801

Area

H W Fuller Sub

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,924

Maint Fee

$--

Tax Year

2024

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