Residential Property - Single Family Residence in Orlando
Listing Price: $594,000 (Mortgage Calculator →)
Description of Property
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).
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,193
Garage: No
Carport: No
Parking Features:
Spa Features:
Water Frontage:
Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Orlando
County: Orange
Subdivision: Angebilt Add
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,193
Sq. Ft. Living Area: 1,166
Cost per (heated) sqare foot: $509
Year built: 1945
Annual Tax: $1,904
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Range
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Concrete
Foundation: Concrete Perimeter
Roof: Shingle
Exterior Features: Private Mailbox
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.63
Lot Size (sq. ft.): 27,500 square feet
Front Exposure: North
Additional Parcels: Yes
Additional Parcels Description: 03-23-29-0180-30-210
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 032329018030230
Zoning: R-2
Tax Legal Desc.: ANGEBILT ADDITION H/79 LOTS 23 & 24 BLK30
Section: 3
Range: 29
Listing courtesy of MILESTONE REALTY & MANAGEMENT INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.