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Sold for $3,900,000 on 02/23/24
  • $3,900,000

    2102 S Orange Blossom Trl, Orlando, FL 32805

    --beds
    0baths
    27,500sqft
    Multi Family
    Built in 1946
    -- sqft lot
    $3,346,000 Zestimate®
    $142/sqft
    $2,925 Estimated rent

    Owner options

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    $2,925/mo

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    $2,925/mo

    Rent Zestimate®

    Refinance and save

    $27,863/mo

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    $27,863/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: February 24, 2024 at 08:37am

    Listing Provided by:

    Robert Kirkwood, IV 321-297-6489,

    MAVREALTY 727-314-3942

    Bought with:

    Patricia Sullivan, 3130492

    OLDE TOWN BROKERS INC

    Source: Stellar MLS,MLS#: O6156609MLS LogoOriginating MLS: Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • None, Other
    • Has fireplace: No
    Interior area
    • Total structure area: 27,500
    • Total interior livable area: 27,500 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 4.27 Acres
    Details
    • Additional parcels included: -
    • Parcel number: 032329140209010
    • Zoning: C-3
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Built-Up
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & neighborhood

    Location
    • Region: Orlando
    • Subdivision: CLEAR LAKE VIEWS

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt
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    Estimated market value
    $3,346,000