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68 S Ivanhoe Boulevard, Orlando, FL

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68 S Ivanhoe Boulevard

Orlando, FL 32804 - Downtown Orlando Submarket

(3.4 MB)

Property Type:Land Parcel Size:1.56 Acres
For Sale Price:$4,250,000 Price/Acre:$2,724,359 Price/SF:$62.54

Proposed Use:Office, Hold for Development

On-Site Improv:Raw land

The site was purchased in 2004 and was originally zoned for residential with plans to build a luxury condominium. In 2005, the developer opted to build commercial and partnered with WTCA to build offices.

At time of sale site contained a 1967 office building comprising of 6,890 square feet.

Sale Notes:

Subject property is a 1.56± acre parcel that currently has a structure, but the structure is not considered as having any value in this sale of land.

The zoning and land use provides for a wide range of intense land uses. This District serves the entire metropolitan area, and at the highest intensities available within the region.

Development density for the zoning district is shown to be 200 units per acre with potential for increased density through design standards. There is a 360' height limit due to the properties
proximity to the Orlando Regional Airport.

Located east of I-4 at the intersection of N Orange Ave and N Magnolia Ave. This area of Orlando is known as "Uptown". The property is situated on the south side of N Ivanhoe Blvd and north side of N Orange Ave.

Lightle Beckner Robison, Inc.
Brian L Lightle
(321) 722-0707 x14

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