1221 S Orange Avenue
ORLANDO, FL 32806

$3,100,000

Description

BACK ON THE MARKET!! SPECTACULAR LOCATION!! 1.61 Acres of Lakefront Commercial Land in Downtown Orlando Across from Orlando Regional Medical Center for a Mixed Use Development - 104 (estimated) Residential Apartments and 1st Floor Retail.There are 2 parcels(1221 South Orange Ave and 101 East Copeland Drive) that total 1.61 Acres together. 5 Stories. INCREDIBLE Location for a Planned Development of Residential Apartments & Retail on the 1st floor very similar to nearby SoDo and mixed use developments in Downtown. Please refer to specific zoning documents available & attached as well as a "Mini Market Report" on various Luxury Residential Rental Properties within a few miles radius of this property.The calls are coming in... don't miss out on this PRIME LOCATION!! Multi-Family Locations are rare in this area of Downtown Orlando! Located DIRECTLY ACROSS FROM ORMC (Orlando Regional Medical Center)... one of Orlando's top Hospitals and surrounding medical facilities, shopping, dining, all of Downtown Orlando and major interstates (I-4, East West Expressway) just seconds away!! Major Transportation Improvements are planned within blocks- The SunRail Commuter Line will be located within blocks of these parcels- talks of extending the Lymmo Bus Line from Downtown Orlando to South Orange Ave in this district which leads only to the amenities of Downtown just a few miles away!

Details

MLS#O5156888
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site1825

Features

Story(s)1

Market Activity 32806

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32806
Area32806 - Orlando/Delaney Park/Crystal Lake
Listing VS Median (in 32806)
Price:
$3,100,000
low | high
Med:
$315,000
100% of Average
On Site:
1825
low | high
Med:
126
100% of Average
Listing Updated: 07/14/2018
MLS Number: O5156888
Listing Provided By:
Mark Allen  of  Commercial Real Estate Prof In

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