Listing Agency: La Rosa Realty, Llc

Listed By: Christopher Salhab

Source: Crexi

Added: Mar 30, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:12AM

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Investment Insights

Based on property information with market context.

This property presents an excellent development opportunity with approved permits for a 12-unit apartment community. Zoned R-2 Low/Medium density, the site has the potential to develop up to 20 dwelling units. The property size is 100464 square feet.

Key Highlights

• Approved permits for a 12‑unit apartment community.
• Excellent development opportunity.
• R‑2 Low/Medium density zoning.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

531

Businesses Nearby

Explore this area Business Placement

Demographics for 32809, FL

29,478

Population

10,674

Households

2.8

Avg Household Size

36

Median Age

23%

College-Educated

79%

High-School Grad

10.4 sq mi

ZIP Area

2,834

Density / Sq Mi

$52,203

Median Household Income

$30,985

Median Earnings

$1,368

Median Rent

$281,000

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Approved permits for 12-unit apartment community, development opportunity.

Where is this residential land & home lot located?

The property is located at 1205 Nela Avenue Orlando, FL.

What is the asking price?

The asking price for this property is $1,255,000.

What are key features of this property?

This property features: Approved permits for a 12‑unit apartment community.; Excellent development opportunity.; R‑2 Low/Medium density zoning.