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
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Listing Office: METRO CITY REALTY
Attribution contact: 407-237-3331
