Active
2222 W SOUTH ST
$4,500,000
Features:
Property Details
Remarks
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.
Financial Considerations
Price:
$4,500,000
HOA Fee:
N/A
Tax Amount:
$23125
Price per SqFt:
$232.05
Tax Legal Description:
WESTFIELD M/80 LOTS 1 THRU 7 & THAT PT OF LOTS 8 & 9 LYING NWLY OF FOLLOWING DESC LINE BEG 6 FT NWLY OF NW COR OF LOT 9RUN SELY TO A POINT 6 FT SELY OF SW COROF LOT 9 & BEG SW COR OF LOT 9 RUN SELY6 FT SWLY PARALLEL TO NWLY LINE OF LOT 9TO WATERS EDG E NWLY ALONG WATERS EDGE TO A POINT ON PROLONGATION LINE OF NWLY LINE OF LOT 9 THENCE NELY TO POB BLK 10& THAT PT OF OCCUPIED PLATTED LAKE LYINGBETWEEN THE W LINE OF LOT 1 BLK 10 EXTENDED TO THE S BOUNDARY OF PLAT AND THE ELINE PROPERTY LINE EXTENDE D TO A POINTOF INTERSECTION OF THE E LINE OF LOT 4 BLK 10
Exterior Features
Lot Size:
275734
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
38
Bathrooms:
37
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1960
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard
Additional Features 2:
N/A
Map
- Address2222 W SOUTH ST
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