1200 Palmer St - Apartments FOR SALE


Orlando, FL 32801- Lake Davis
$1,250,000 USD
407-719-6550
1200 Palmer St, Orlando, FL for Sale
$1,250,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1200 Palmer St
Orlando, FL 32801
Lake Davis


OVERVIEW

Well-maintained 6-unit multifamily property located in the highly desirable Lake Davis-Greenwood neighborhood of Downtown Orlando. Situated on a beautiful corner lot with a large on-site parking area, this property offers a rare combination of neighborhood charm and urban convenience. The property benefits from strong historical leasing activity, excellent long-term tenants, and consistent demand driven by its prime location near Downtown Orlando, Thornton Park, Lake Eola, dining, entertainment, and major employment centers. Zoned for Lake Como School (PK-8) and Boone High School, both well-regarded schools that further support long-term rental stability and tenant appeal. The Lake Davis-Greenwood area is known for its tree-lined streets, proximity to Lake Davis, and established residential character. Clear upside through natural rent growth in such a demanding location. Operating expenses are efficient, and the property has been well cared for with no deferred maintenance. Ideal for investors seeking a turn-key asset in one of Downtown Orlando’s most sought-after residential neighborhoods. Rare opportunity with on-site parking, strong location fundamentals, and long-term income potential.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$178 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palmer Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R-2B/T/AN

APN/PARCEL ID

36-2229-6860-00-014

ASK ABOUT THIS PROPERTY

Patricia SullivanOlde Town BrokersMore Info
407-719-6550

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Patricia SullivanOlde Town BrokersMore Info
407-719-6550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.