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 Number: O6337237
  • Price: $595,000
  • Property Type: Single Family Homes
  • Subdivision Name: ANGEBILT ADD
  • County: Orange
  • BuiltYear: 1945
  • Tax Amount: 1904.33
  • Area: 1,166 Sq.Ft.
  • LotAcres: 1

Exterior Features

  • Exterior Features: Garden, Lighting, Other, Private Mailbox
  • Construction Type: Concrete

Interior Features

  • Cooling: Central Air
  • Heating: Central, Electric
  • Flooring: Tile, Vinyl
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Other, Thermostat
  • Appliances: Microwave, Other, Range
Listing provided courtesy of MILESTONE REALTY & MANAGEMENT INC
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  • Alcides Vargas
  • +17863725014
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