Joann C. Eldred Real Estate, 407-862-1200, presents this rare opportunityto acquire a portfolio of five contiguous lots totaling over one-half acre, Zoned Mixed-Use (MXD-2/T) with 25,804.11 Square Feet of land (0.59 acres with air-rights), in the heart of downtown Orlando suitable for a variety of future Mixed-Use Planned Unit Developments, including possible over twenty story high density high-rise.
This portfolio of five adjacent lots total .59 acres with air-rights features 310 feet of frontage on three main streets, S. Osceola Avenue, E. Pine Street and E. Church Street. Presently income producing with possible owner financing available. Currently at full occupancy, providing $24,000.00 monthly in gross income. Leases may be transferred to the new owner. This is a unique unparalleled investment opportunity. Prime for future high density development. Invest in this highly sought after land a block from Lake Eola, whether it's for a multi-family Mixed-Use Highrise Development, Condominiums, a Luxury Hotel, or many other possiblilities take advantage of this unmatched opportunity to invest in a prime location near beautiful Lake Eola.
This unparalled investment opportunity is only one block South of Lake Eola, next door to The Sanctuary on E. Pine St. and accross E. Church St. from the Camden Appartments. Suitable for a Luxury Up-scale Townhome Planned Unit Development or a Commercial Master Planned Community and Office Park with a Mixed-Use Multi-Story Parking Garage to accommodate the demand for parking. The best investment in heart of Orlando beautiful. Close to all the fun events in downtown Orlando, perfect investment to buy and hold for development.
LOCATION:
1. ONE BLOCK WALK TO LAKE EOLA PARK
2. NEAR ORLANDO'S DYNAMIC BUSINESS DISTRICT
3. WALK TO PUBLIX, SHOPPING DINING, ENTERTAINMENT, AND FARMERS MARKET.
4. CONVENIENT TO PUBLIC TRANPORTATION, 20 MINUTES TO ORLANDO METROPOLITIAN AIRPORT