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Palmer Apartments 1200 Palmer St 6 Unit Apartment Building $1,250,000 ($208,333/Unit) Orlando, FL 32801



EXECUTIVE SUMMARY
At seller’s request, highest and best offers are due by 5:00 PM 12/23.
Well-maintained 6-unit multifamily property located in the highly desirable Lake Davis-Greenwood neighborhood of Downtown Orlando. Situated on a beautiful corner lot with a large on-site parking area, this property offers a rare combination of neighborhood charm and urban convenience. The property benefits from strong historical leasing activity, excellent long-term tenants, and consistent demand driven by its prime location near Downtown Orlando, Thornton Park, Lake Eola, dining, entertainment, and major employment centers. Zoned for Lake Como School (PK-8) and Boone High School, both well-regarded schools that further support long-term rental stability and tenant appeal. The Lake Davis-Greenwood area is known for its tree-lined streets, proximity to Lake Davis, and established residential character. Clear upside through natural rent growth in such a demanding location. Operating expenses are efficient, and the property has been well cared for with no deferred maintenance. Ideal for investors seeking a turn-key asset in one of Downtown Orlando’s most sought-after residential neighborhoods. Rare opportunity with on-site parking, strong location fundamentals, and long-term income potential.
Well-maintained 6-unit multifamily property located in the highly desirable Lake Davis-Greenwood neighborhood of Downtown Orlando. Situated on a beautiful corner lot with a large on-site parking area, this property offers a rare combination of neighborhood charm and urban convenience. The property benefits from strong historical leasing activity, excellent long-term tenants, and consistent demand driven by its prime location near Downtown Orlando, Thornton Park, Lake Eola, dining, entertainment, and major employment centers. Zoned for Lake Como School (PK-8) and Boone High School, both well-regarded schools that further support long-term rental stability and tenant appeal. The Lake Davis-Greenwood area is known for its tree-lined streets, proximity to Lake Davis, and established residential character. Clear upside through natural rent growth in such a demanding location. Operating expenses are efficient, and the property has been well cared for with no deferred maintenance. Ideal for investors seeking a turn-key asset in one of Downtown Orlando’s most sought-after residential neighborhoods. Rare opportunity with on-site parking, strong location fundamentals, and long-term income potential.
PROPERTY FACTS
| Price | $1,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $208,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| No. Units | 6 | Building Size | 3,247 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1984 |
| Zoning | R-2B/T/AN - Residential - 2B | ||
| Price | $1,250,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,247 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Zoning | R-2B/T/AN - Residential - 2B |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 1,170 |
1 1
PROPERTY TAXES
| Parcel Number | 36-2229-6860-00-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $734,393 |
PROPERTY TAXES
Parcel Number
36-2229-6860-00-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$734,393
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Palmer Apartments | 1200 Palmer St
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