$2,600,000
$3,200,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 06/29/2023
Key Details
Sold Price $2,600,000
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Wilmotts Plan
MLS Listing ID O6039480
Sold Date 06/29/23
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $6,676
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 117x185
Property Sub-Type Mixed Use
Property Description
Prime residential/mixed-use development opportunity in Downtown Orlando's most desired neighborhood. 3 blocks from Central Business District in the trendy and upscale South Eola/Thornton Park neighborhood of Downtown Orlando. Walking distance to CBD, Lake Eola Park and Thornton Park. A total of four lots at the end of the block facing South Eola Drive. South side of site is across from city park and dog run. Great established and new development in this high average income and highly desirable area of Downtown. Catty-corner from the new $88m, 12-story, 364-unit Camden Lake Eola (luxe rentals). Great walkability, close to Publix, shops, dining, art scene, nightlife and the expanding Performing Arts Center.
Build up to 130 feet/12-13 stories and about 100 units with density bonus.
Current income producing property, $108,000/yr., 1 office and 2 SFR properties. Two of the owners are licensed real estate professionals.
Location
State FL
County Orange
Community Wilmotts Plan
Zoning MXD-2/T/AN
Exterior
Community Features Sidewalks
Utilities Available BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Cable Connected, Electrical Nearby, Electricity Available, Fiber Optics, Fire Hydrant, Natural Gas Available, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
Building
Lot Description Central Business District, City Limits
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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