$595,000
For Sale

701 23RD STREET

Orlando, FL 32805
1193 sqft | 3 beds | 2 baths | 0.63 acres | #O6337237
Browse 19 photos
Type:Purchase
Structure:House
Zone:Residential

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

Amy GatesReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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