Active

$825,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRO6378091
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$825,000
HOA Fee:
N/A
Tax Amount:
$7924
Price per SqFt:
$78.81
Tax Legal Description:
H W FULLER SUB J/135 THE S 28.7 FT LOT 2& N 46.3 FT LOT 3
Exterior Features
Lot Size:
10468
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    720 S MILLS AVE
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

img
  • Featured
  • Active

5938 MASTERS BLVD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 999,950
img
  • Featured
  • Active

8153 LILY CO RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 350,000
img
  • Featured
  • Active

720 and 730 S MILLS AVE

  • 0
  • 0 m²
avt
Daniel Dourado
$ 1,300,000
img
  • Featured
  • Active

750 N WEKIWA SPRINGS RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 649,000
img
  • Featured
  • Active

730 S MILLS AVE

  • 0
  • 0 m²
avt
Daniel Dourado
$ 525,000
img
  • Featured
  • Active

2016 THORNHILL RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 490,000
img
  • Featured
  • Active

3304 W SHELL POINT RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 575,000
img
  • Featured
  • Active

13619 CARNOUSTIE CIR

  • 0
  • 0 m²
avt
Daniel Dourado
$ 250,000
img
  • Featured
  • Active

12510 ROBINHOOD RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 489,900
img
  • Featured
  • Active

2470 ABSHER RD

  • 0
  • 0 m²
avt
Daniel Dourado
$ 1,350,000
avt
Daniel Dourado
$ 1,395,000
img
  • Featured
  • Active

3780 SE 145TH ST

  • 0
  • 0 m²
avt
Daniel Dourado
$ 479,999