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$4,500,000
Active
2222 W SOUTH STREET
ORLANDO, FL 32805 — WESTFIELD SUB
38 Beds
37 Baths
19,392 sqft
6.33 acres
Built 1960
About This Property
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.
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.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Multi-Family 5+
- MLS Number
- TB8485557
- Year Built
- 1960
Size & Structure
- Living Area
- 19,392 sqft
- Lot Size
- 6.33 acres
- Lot Sq Ft
- 275,734 sqft
- Bedrooms
- 38
Interior
- Interior Features
- Other
- Laundry
- None
- A/C
- Wall/Window Unit(s)
- Heating
- Ductless
Exterior & Lot
- Exterior Features
- Courtyard
- Construction
- Block
- Roof
- Shingle
- Foundation
- Slab
Water & Pool
- Waterfront
- Yes — Lake Front
- Water View
- Lake
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Cooling
- Wall/Window Unit(s)
- Heating
- Ductless
- Flood Zone
- X
Financial
- List Price
- $4,500,000
- Annual Taxes
- $23,125
- Tax Year
- 2024
- Listing Terms
- Cash, Conventional
- Special Conditions
- None