Active

$595,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1166 sq ft
Overview
  • ID: MFRO6337237
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1166 sq ft
Property Details
Remarks
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).
Financial Considerations
Price:
$595,000
HOA Fee:
N/A
Tax Amount:
$1904.33
Price per SqFt:
$510.29
Tax Legal Description:
ANGEBILT ADDITION H/79 LOTS 23 & 24 BLK30
Exterior Features
Lot Size:
27500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Microwave, Other, Range
Furnished:
No
Floor:
Tile, Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1945
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Garden, Lighting, Other, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    701 23RD ST
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