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6770 Turkey Lake Rd 1.24 Acres of Commercial Land in Orlando, FL 32819
Investment Highlights
- APARTMENTS BY MARRIOTT BONVOY
Executive Summary
Apartments by Marriott Bonvoy has been launched, a new development opportunity for owners globally to work with Marriott International.
AMB offers the luxury of space, combined with the warmth of home. Feel like a local in beautifully designed, residential spaces complete with full kitchens, private bedrooms, even dining and living rooms for, well, living.
The location, Dr. Phillips, is a neighborhood in the southwest portion of Orlando. The area is known for its upscale residential communities, shopping and dining options, and proximity to major theme parks like Universal Studios and Walt Disney World. The community is also home to several golf courses, including the Bay Hill Club and Lodge, which hosts the annual Arnold Palmer Invitational PGA Tour event. One of the most popular destinations in Dr. Phillips is Restaurant Row, a stretch of Sand Lake Road that is home to dozens of restaurants offering a wide range of cuisines. The area is also known for its shopping, including the upscale Mall at Millenia and the Orlando Premium Outlets. Dr. Phillips is a thriving community that is popular with both tourists and locals. It is conveniently located near major highways like Interstate 4 and the Florida Turnpike, making it easy to access other parts of the Orlando area. One of the favorite investments of global buyers in Orlando is the purchase of vacation homes in condominiums near the parks. These are called Vacation Homes, which allow seasonal rentals. Thus, obtaining income from the rental activity, which makes the investment extremely interesting. Orlando receives more than 70 million people annually, mostly tourists. All this audience guarantees a great outlet for vacation rentals. Many travelers are swapping hotels for Orlando vacation homes.
C-PACE Financing Available
AMB offers the luxury of space, combined with the warmth of home. Feel like a local in beautifully designed, residential spaces complete with full kitchens, private bedrooms, even dining and living rooms for, well, living.
The location, Dr. Phillips, is a neighborhood in the southwest portion of Orlando. The area is known for its upscale residential communities, shopping and dining options, and proximity to major theme parks like Universal Studios and Walt Disney World. The community is also home to several golf courses, including the Bay Hill Club and Lodge, which hosts the annual Arnold Palmer Invitational PGA Tour event. One of the most popular destinations in Dr. Phillips is Restaurant Row, a stretch of Sand Lake Road that is home to dozens of restaurants offering a wide range of cuisines. The area is also known for its shopping, including the upscale Mall at Millenia and the Orlando Premium Outlets. Dr. Phillips is a thriving community that is popular with both tourists and locals. It is conveniently located near major highways like Interstate 4 and the Florida Turnpike, making it easy to access other parts of the Orlando area. One of the favorite investments of global buyers in Orlando is the purchase of vacation homes in condominiums near the parks. These are called Vacation Homes, which allow seasonal rentals. Thus, obtaining income from the rental activity, which makes the investment extremely interesting. Orlando receives more than 70 million people annually, mostly tourists. All this audience guarantees a great outlet for vacation rentals. Many travelers are swapping hotels for Orlando vacation homes.
C-PACE Financing Available
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Hotel |
| No. Lots | 1 | Total Lot Size | 1.24 AC |
| Property Type | Land | ||
| Zoning | RSTD C-1 | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hotel |
| Total Lot Size | 1.24 AC |
| Zoning | RSTD C-1 |
1 Lot Available
Lot
| Lot Size | 1.24 AC |
| Lot Size | 1.24 AC |
FULLY APPROVED, SHOVEL READY!
Description
INVESTMENT HIGHLIGHTS: 1) Marriott Franchise Agreement in place. 2) 70 Apartments units with a total of 128 rooms. 3) In Dr Phillips area across from Universal studios Cabana Bay Resort. 4) Fully Approved , shovel ready! 5) Apartments by Marriott Bonvoy (AMB) represents Marriott International Strategic entry into the branded apartment segment, designed to bridge the gap between traditional hotel accommodations and the short term rental market. 6) C-PACE Financing Available.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
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6770 Turkey Lake Rd