Mixed-use residential development opportunity in the trendy and upscale South Eola/Thornton Park neighborhood of Downtown Orlando. Walking distance to Central Business District, Lake Eola Park and Thornton Park. Total of four lots. South side of site is across from city park. Great established and new development in this high average income and highly desirable area of Downtown. Catty-corner from the newly finished, $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 up to about 100 units with density bonus.
Current income producing property, $106,000/yr., 1 office and 2 SFR properties. Two of the owners are licensed real estate professionals.