Active

$788,000

Features:
  • 5 Bedrooms
  • 5 Bathrooms
  • 1799 sq ft
Overview
  • ID: MFRO6339300
  • Bedrooms: 5
  • Bathrooms: 5
  • Size: 1799 sq ft
Property Details
Remarks
Don't miss this rare opportunity to own an income-producing multi-family property in the heart of Downtown Orlando. Located at 516 Daniels Ave, this property features multiple rental units generating steady cash flow, with strong tenant demand in this high-growth area. Sitting on an oversized lot, the property also offers a large backyard with ample space for expansion or the addition of an accessory dwelling unit (ADU), garage apartment, or additional rental structure (subject to city approval). This is a perfect value-add opportunity for investors looking to increase ROI. Property is conveniently located just minutes from Lake Eola, Thornton Park, dining, shopping, public transportation, and all that Downtown Orlando has to enjoy. Zoned for multi-family use and positioned in a rapidly developing area, this property combines immediate income with long-term development potential.
Financial Considerations
Price:
$788,000
HOA Fee:
N/A
Tax Amount:
$6935
Price per SqFt:
$438.02
Tax Legal Description:
DANIEL BROS SUB F/23 LOT 20 BLK A
Exterior Features
Lot Size:
7499
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
5
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1933
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    516 DANIELS AVE
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