SoldMulti FamilySold

2102 S Orange Blossom Trail

Orlando, FL 32805

$3,900,000

27,500Sq Ft
$142Per Sq Ft
4.27Acres
1946Built

Subdivision: Clear Lake Views
County: Orange
MLS®: O6156609

Overview

We are pleased to present Kaley Square, a mixture of 32 commercial/residential units on 12 lots totaling 4.27 acres. The prospective income upon increasing rents is estimated at $500,000 and the seller will consider seller financing. The property has been over 90% occupied for decades and has long term tenants spanning back to the 90's. This investment offers a prospective 10%+ cap with the opportunity to redevelop the site and own nearly an entire city block. Communication with the county shed light on the option to change the zoning and FLU to Neighborhood Commercial and increase value in the site for future redevelopment. This property is truly one of a kind.

Listing Snapshot

Price: $3,900,000
Days On Site: N/A
Bedrooms: N/A
Inside Area (SqFt): 27,500 sqft
Total Baths: N/A
Full Baths: N/A
Partial Baths: 0
Lot Size: 4.27 Acres
Year Built: 1946
MLS® Number: O6156609
Status: Sold
Property Tax: $3,266 (2022)
HOA/Condo/Coop Fees: N/A
Sq Ft Source: Owner

Property Details

General Features

7 items

Acres: 4.27
Foundation: Slab
Property Sub Type: Multi Family
Sewer: Public Sewer
SqFt Total: 27,500
Water Source: Public
Zoning: C-3

Interior Features

3 items

Cooling: Central Air
Heating: Central
Interior: Other

Exterior Features

3 items

Construction Details: Block
Exterior: Other
Roof: Built-Up

Community Features

4 items

MLS Area: 32805 - Orlando/Washington Shores
Township: 23
Financing Terms Available: Cash, Conventional
Roads: Asphalt

Location

2102 S Orange Blossom Trail, Orlando, FL 32805 · 32805 - Orlando/Washington Shores

$3.9M $3.9M

Nearby listings (30)Open in Google Maps

Neighborhood & Commute

ZIP Code 32805

Median household income: $44,072
Income per person: $24,531
Households: 9,547
Average household size: 2.40
Median age: 44.1

Source: Walk Score.

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