538 N PARRAMORE AVENUE at

538 N PARRAMORE AVENUE

For sale Days on market 118

$499,000

$354/sq ft

$51,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1925

Sqft

1408

Property Type

Single Family Residence

Property Description

Under contract-accepting backup offers. **Priced well below appraised value with seller financing available! This property qualifies for a credit through the seller's preferred lender** Prime opportunity in Downtown Orlando at 538 N Parramore Avenue, directly across from Creative Village and positioned within one of the city’s most transformative and forward-thinking districts. This location places you at the center of Orlando’s expanding westward growth corridor, surrounded by new residential, educational, office, and mixed-use development. The existing 1,408 SF building offers flexibility under ORL-I-G / T / PH zoning (Industrial General with Transit and Parramore Heritage overlays). Potential permitted uses may include office, professional services, studio, light industrial, or future redevelopment (buyer to verify intended use with the City of Orlando). Whether you envision repositioning the existing structure or holding for long-term appreciation, the zoning supports a broad range of possibilities. Accessibility is exceptional. The property is just two blocks from Colonial Drive (Hwy 50), moments from Amelia Street, and offers immediate connectivity to I-4, SR-408, and US-441. Its central Downtown Orlando location provides convenient access throughout Central Florida. Creative Village, UCF Downtown, Valencia College Downtown Campus, and major municipal and employment centers are all nearby, reinforcing the area’s continued public and private investment, infrastructure improvements, and measurable urban revitalization. Ideal for an owner-user, investor, or buyer seeking flexibility within a rapidly evolving Downtown Orlando district. Strategically located, well-connected, and positioned within an active growth corridor, 538 N Parramore Avenue presents a rare opportunity to establish a presence in one of Orlando’s most dynamic urban areas. For additional details, zoning verification, or to schedule a private tour, please contact the listing agent.

Property Details

MLS#

O6378557

Address

538 PARRAMORE N

City

Orlando

State/county

Zip/Postal Code

32801

Area

Orange Grove Park

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,319

Maint Fee

$--

Tax Year

2024

Other

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