Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2222 W South St Orlando, FL 32805

    View on Map
    Sponsored
    For Sale
    $4,500,000

    Multi-Family 5+ - ORLANDO, FL

    Property size:
    19,392 SF
    Lot size:
    6.33 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 14 at 9:06 pm

    Property Features for 2222 W South St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1A
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    38
    APN
    28-22-29-9200-10-010
    Exterior features
    Courtyard
    Size
    19,392 SF
    Lot size
    6.33 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)
    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Year built
    1960
    Number of units
    37
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Tito Urbano Perez

    Lawhun Enterprises, LLC (407) 207-2220

    Listing agent Tito Urbano Perez (407) 207-2220 License #3470017

    Listing date Mar 11, 2026

    MLS# TB8485557 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Multifamily Investment Opportunity in Orlando

    This is a 37-unit multifamily investment opportunity located in Downtown Orlando. The property includes 36 one-bedroom units and 1 two-bedroom unit. Situated on a 6.33-acre lot, the property offers potential for future development or expansion. Approximately $300,000 has been invested in renovations over the past two years. Several units offer water views overlooking Sunset Lake. Each unit is separately metered for water and electric. The property currently operates with below-market rents, presenting a value-add opportunity through future rent growth. The property is located in the urban core, providing convenient access to major transportation corridors including John Young Parkway, SR-408, Florida’s Turnpike, and I-4. It is located within a mile of Camping World Stadium and minutes from the Kia Center and Inter&Co Stadium, home of the Orlando Magic and Orlando City SC, supporting rental demand driven by nearby employment, entertainment, and continued growth in Downtown Orlando. The property size is 19392 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.41062
    Latitude
    28.53761

    Nearby Similar for Sale

    • $795,000
      4,957 SF

      Established Liquor Business Opportunity

      Profitable liquor business with 3PS license in prime Orlando location.
      7336 Curry Ford Rd, Orlando, FL 32822
      View Details
    • $600,000
      1,567 SF

      Orlando Flex Office For Sale

      Strategically located flex office space in Orlando's southwest quadrant.
      8615 Commodity Cir, Orlando, FL 32819
      View Details
    • $448,500
      1,175 SF

      Turnkey Restaurant on Colonial Drive

      Restaurant with strong fundamentals and expansion potential in Orlando.
      9852 E Colonial Dr, Orlando, FL 32817
      View Details
    • New
      $600,000
      1,098 SF

      Versatile Mixed-Use Property in Orlando

      Flexible commercial space near Semoran Blvd and Colonial Drive.
      4749 Hargrave St, Orlando, FL 32803
      View Details
    • $322,000
      631 SF

      Move-in Ready Commercial Office Space

      Versatile commercial space in a vibrant Orlando business corridor.
      4725 W Sand Lake Rd, Orlando, FL 32819
      View Details
    • $450,000
      19,494 SF

      Turnkey Supermarket on Orange Blossom

      19,494 SF supermarket with prime frontage on Orange Blossom Trail.
      4626 S Orange Blossom Trl, Orlando, FL 32839
      View Details
    • $650,000
      3,149 SF

      Orlando Retail Dry Cleaner Site

      Retail dry cleaner site for sale in Orlando, Florida.
      4000 Old Winter Garden Rd, Orlando, FL 32805
      View Details
    • New
      $489,900
      1,537 SF

      Orlando Office Space For Sale

      Centrally located office space in MetroWest Office Park.
      1507 Park Center Dr, Orlando, FL 32835
      View Details
    • $2,500,000
      3,996 SF

      Mechanic Shop/Retail Property in Orlando

      Well-located mechanic shop/retail property with established automotive infrastructure.
      4070 S Goldenrod Rd, Orlando, FL 32822
      View Details
    • $5,990,000
      9,479 SF

      Downtown Orlando Redevelopment Opportunity

      Prime location near Lake Eola Park with redevelopment potential.
      421 E Robinson St, Orlando, FL 32801
      View Details
    • New
      $2,400,000
      11,171 SF

      Orlando Industrial Asset For Sale

      Two-building industrial asset in Orlando's SoDo district.
      10 W Illiana St, Orlando, FL 32806
      View Details
    • $2,450,000
      9,918 SF

      Renovated Orlando Office Building

      Prime Orlando office building with long-term governmental tenant.
      701 E South St, Orlando, FL 32801
      View Details

    FAQs

    What type of property is this?
    Apartment building - 37-unit multifamily property with value-add potential in Downtown Orlando.
    Where is this apartment building located?
    The property is located at 2222 W South St Orlando, FL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Value-add opportunity with below-market rents and potential for future rent growth.; - Prime Downtown Orlando location with convenient access to major transportation corridors.; - Significant renovations of approximately $300,000 completed in the past two years.
    (407) 207-2220
    Request Owner's contact information
    2222 W South St Orlando, FL 32805
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2222 W South St
    Orlando, FL 32805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2222 W South St Orlando, FL 32805
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tito Urbano Perez
    Real Estate License ID: 3470017
    (407) 207-2220 (407) 907-0350
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!