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).
|
Prior to Oct 22, '25
|
$595,000
|
| Oct 22, '25 - Today |
$594,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Microwave, Other, Range |
| AREA |
32805 - Orlando/Washington Shores |
| CONSTRUCTION |
Concrete |
| EXTERIOR |
Garden, Lighting, Other |
| HEAT |
Central, Electric |
| INTERIOR |
Open Floorplan, Other |
| LOT |
0.63 acre(s) |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
ANGEBILT ADD |
| TAXES |
1904.33 |
| UTILITIES |
Electricity Connected, Other, Sewer Connected, Water Connected |
| WATER |
Public |
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Listing provided by Faisal Sheikh, MILESTONE REALTY & MANAGEMENT INC, 407-749-6566
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/28/25 3:35 AM PDT.
This IDX solution is (c) Diverse Solutions 2025.
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