701 23RD STREET
Orlando, FL 32805
1193 sqft | 3 beds | 2 baths | 0.63 acres | #O6337237
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).
Property Details
- InteriorCeiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Other, Thermostat
- Utility FeaturesElectricity Connected, Other, Sewer Connected, Water Connected
- Exterior MaterialsGarden, Lighting, Other, Private Mailbox
- Property SubtypeSingle Family Residence
- FoundationConcrete Perimeter
- Sewer InformationPublic Sewer
- SubdivisionANGEBILT ADD
- Property TypePurchase
- Original List Price$595,000
- MLS #O6337237
- MLS #O6337237
- Utility SourcePublic
- CountyOrange
- Taxes Annual$1,904
- Cost595000
- Acres0.63
- Square Feet1193
- Year Built1945
- Bedrooms3
- Bathrooms2
- Full Baths2
- Stories1
- Days on Market (Cumulative)1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: {realtor_group_name}
Last Updated:Â . Source: SMLS
Provided By
Listing Agent: Faisal Sheikh (#MFR261208210)
Listing Office: MILESTONE REALTY & MANAGEMENT INC (#MFR261014838)

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