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- LoopNet Team
601 E Jackson St
Orlando, FL 32801
DOWNTOWN ORLANDO, FL MIXED USE DEVELOPMENT · Land For Sale
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0.50 AC
Investment Highlights
- +/-0.5 Acres of Premier Land Located in Downtown, Orlando
- Future Land-use: Residential High Intensity | Allowing Roughly 100-Units
- Catty-Corner From the Newly Finished, $88M, 12-Story, 360-Unit Camden Lake Eola
- Property Currently has Three Buildings on-Site Totaling 5,430 SF | Current Yearly Income of $108,000
- 2 Blocks From Downtown Orlando's Centerpiece Lake Eola | Great Walkability
- Conveniently Located in the Thriving Thornton Park/South Eola District | Short Walking Distance to Restaurants & Entertainment
Property Facts
Description
Mixed-use residential development opportunity in the trendy and upscale South Eola/Thornton Park neighborhood of Downtown Orlando. Walking distance to Central Business District, Lake Eola Park and Thornton Park. Total of four lots. South side of site is across from city park. Great established and new development in this high average income and highly desirable area of Downtown. Catty-corner from the newly finished, $88m, 12-story, 364-unit Camden Lake Eola (luxe rentals). Great walkability, close to Publix, shops, dining, art scene, nightlife and the expanding Performing Arts Center. Build up to 130 feet/12-13 stories and about 100 units with density bonus. Current income producing property, +/- $110,000/yr., 1 office and 2 SFR properties. Two of the owners are licensed real estate professionals.
