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Other Land - SUNSET PARK SUB for Sale

222 N PARRAMORE, ORLANDO, FL 32801

Asking Price$2,900,000 Change Price$600,000

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  • Days on market:

    683 day(s)
  • Original Price:

    $3,500,000
  • Tax Legal Description:

    SUNSET PARK SUB F/115 LOTS 1,2,13 & 14 BLK C
  • Tax Year:

    2021
  • Property Type:

    Land
  • Special Listing Conditions:

    None

Description

$2,900,000

Downtown orlando mixed-use portfolio. this is a diversified 1.40-acre collection of 11 parcels within the innovation district. walking distance to creative village, orlando city soccer exploria stadium, amway center, and much more. besides our great tourist attractions, orlando is busy leading the nation in technologies like advanced manufacturing, bio tech, aerospace, defense, simulation and more. making orlando a great place to invest. not to mention, this portfolio is within the u.s. department of treasury’s community development financial institutions fund designated area and qualifies for the bank enterprise award, capital magnet fund, and the equitable recovery programs. the community development financial institutions fund supports creating jobs, building businesses, and revitalizing neighborhoods through these unique programs with tailored resources that leverage federal dollars with private capital. this portfolio features the following properties: • 10,902 sf building - 716 w robinson st – zoning is mu -1/t/ph & r2b/t/ph. total 11,376 sf. • 3 adjacent vacant land parcels - 726 w. robinson st & 732 w. robinson st & 217 garden ave -zoning is r2b/t/ph. when you combine the all properties, you can get a total of 4 single family units. total 26,360 sf combined with 716 w robinson st which is adjacent. • 4 adjacent vacant land parcels - 222 n parramore ave & 214 n parramore ave & 211 mcquigg ave & 215 mcquigg ave – zoning is mu -1/t/ph & r2b/t/ph. total 26,136 sf. when you combine the all properties, you can get a total of 16 units. directly across the street to 716 w robinson st and the 3 other adjacent vacant land parcels. • one-story duplex – 209 garden ave – zoning is r2b/t/ph. total 3,596 sf. • 1 vacant land parcel –202 mcquigg ave- zoning is r2b/t/ph. total 3,596 sf. • 1 vacant land parcel–824 w. robinson st-zoning is r2b/t/ph. total 3,596 sf. mu -1/t/ph allows for medium intensity mixed residential and office with a maximum height of 35 ft. r2b/t/ph allows for single family homes, duplexes, small apartment buildings of 3—5 units, garage apartments and accessory apartments with a maximum height of 30 ft.

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