$589,000
Active · 106 days on market · MLS# MFRO6337237
| Bedrooms | 3 |
|---|---|
| Bathrooms | 2 |
| Living area | 1,166 sq ft |
| Lot size | 0.63 acres |
| Year built | 1945 |
| Property type | Single Family Residence |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $1,904 |
| County | Orange |
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).
Listing courtesy of Faisal Sheikh, MILESTONE REALTY & MANAGEMENT INC. Presented by MC Homes Realty Inc · 727432218.