2222 W South Street, Orlando, FL 32805

$4,500,000
38
BD
37
BA
19,392
SqFt

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List Price
$4,500,000
Status
Active
Days on Market
140
MLS#
TB8485557
Property Style
Multi-Family 5+
Year Built
1960
Bedrooms
38
Bathrooms
37
Living Area
19,392
Lot Size
275,734
Acres
6.33
Total Acreage
5 to less than 10
Legal Subdivision Name
Westfield Sub
MLS Area Major
Orlando/Washington Shores

Property Description

Sunset apartments is a 37-unit multifamily investment opportunity in Downtown Orlando consisting of 36 one-bedroom units and 1 two-bedroom unit. The property sits on 6.33 acres, offering potential for future development or expansion. Over the past two years, the property has undergone approximately $300,000 in renovations. Multiple units overlook Sunset Lake, providing attractive water views. Units are separately metered for water and electric and currently operates with below-market rents, presenting investors with a clear value-add opportunity through future rent growth. Strategically located in the urban core, the property offers convenient access to major transportation corridors including John Young Parkway, SR-408, Florida’s Turnpike, and I-4. The property is within a mile of Camping World Stadium and just minutes from the Kia Center and Inter&Co Stadium, home of the Orlando Magic and Orlando City SC, supporting strong rental demand driven by nearby employment, entertainment, and continued growth in Downtown Orlando.

Additional Information

Taxes
$23125
Annual Gross Income
374220
Community Features
No Deed Restriction
Zoning
R-1A
Interior Layout
Other
Interior Features
Other
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Ductless
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Exterior Features
Courtyard
Roof
Shingle
Foundation
Slab
Pool
No Pool
Water View
Lake
Water Access
Lake
Water Frontage
Lake Front
Flood Zone Code
X
Parcel ID
28-22-29-9200-10-010
Legal Description
WESTFIELD M/80 LOTS 1 THRU 7 & THAT PT OF LOTS 8 & 9 LYING NWLY OF FOLLOWING DESC LINE BEG 6 FT NWLY OF NW COR OF LOT 9RUN SELY TO A POINT 6 FT SELY OF SW COROF LOT 9 & BEG SW COR OF LOT 9 RUN SELY6 FT SWLY PARALLEL TO NWLY LINE OF LOT 9TO WATERS EDG E NWLY ALONG WATERS EDGE TO A POINT ON PROLONGATION LINE OF NWLY LINE OF LOT 9 THENCE NELY TO POB BLK 10& THAT PT OF OCCUPIED PLATTED LAKE LYINGBETWEEN THE W LINE OF LOT 1 BLK 10 EXTENDED TO THE S BOUNDARY OF PLAT AND THE ELINE PROPERTY LINE EXTENDE D TO A POINTOF INTERSECTION OF THE E LINE OF LOT 4 BLK 10

Listing courtesy of FLORIDA REALTY INVESTMENTS. 407-207-2220

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