BEDS38
BATHS
SQUARE FEET19,392
MLS#TB8485557
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWESTFIELD
Property 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, Florida's 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 6.33 Acres
Roof Type: Shingle
Taxes: $23,125
Year Built: 1960
Amenities
Other
Courtyard
Feature Descriptions
Annual Net Income: 282400.00
Days on Site: 8
Directions: Downtown Orlando.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Frontage Lake: 355
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 6.33
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks
Special Sale Provisions: None
Special View Info: Water
Units: 37
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access: Lake
Water Access Y/N: Yes
Waterfront Features: Lake Front
Water View: Lake
Zoning: R-1A
Listed By / Shown By
Listed By
Agency Name: FLORIDA REALTY INVESTMENTS
Agency Contact: 407-207-2220
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813.908.8500
Estimate Your Payment
Estimated Payment
$ 13,254.63 per month $10,015.05 Principal & Interest $1,927.08 Property Tax $1,312.50 Homeowner's Insurance
2222 W South Street | MLS# TB8485557
This multi-family property located at 2222 W South Street , Orlando, FL 32805 is currently listed for sale with an asking price of $4,500,000. Search Orlando real estate on www.floridaexecutiverealty.com today.