701 23rd St, Orlando, FL 32805 - OrlandoRealEstateLink.com
Orlando Real Estate
Homes, Condos and Townhomes for Sale in Orlando, Florida
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Orlando, FL
$589,000
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Details
List Price$589,000
Property IDO6337237
Bedrooms3
Property TypeSingle Family Home
Full Bathrooms2
Square Feet/m2 1,166 sq.ft. (108 m2)
StatusActive
Description
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).
This listing is courtesy of Stockworth Realty Group. Property Listing Data contained within this site is the property of Stellar MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
This listing is courtesy of Milestone Realty & Management Inc. Property Listing Data contained within this site is the property of Stellar MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.