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Apartment Community with Extended Stay Suites
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1200 Holden Avenue & 4855 South Orange Blossom Trail, Orlando, FL 32839

Two Orlando-area apartment properties totaling 246 units feature strong frontage and high-volume traffic along South Orange Blossom Trail.

Property SizeContact for details
Days on Market121

Property Features for 1200 Holden Avenue & 4855 South Orange Blossom Trail

General Information

Standard status Active
Property subtype Multifamily
Occupancy 90%

Site & Location

Traffic Count 62,000 vehicles/day
Road Access Yes

Additional Details

Multifamily Units 246

Building Details

Tenancy Multi
Listing Agency: Cushman & Wakefield - Tampa, Florida
Listed By: Nicholas Meoli · License #FL SL3215432
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 9:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Tampa, Florida

Investment Insights

Based on property information with market context.

Palm Grove & Key Suites is an apartment community with 140 units and an extended stay property with 106 units. The offering totals 246 units across the two buildings.

The properties have excellent frontage to South Orange Blossom Trail, with an average daily traffic count of 62,000 vehicles per day. The description states the properties are minutes from the Mall at Millenia, which has 1,118,000 rentable square feet and 147 retail stores.

For Key Suites, additional rent increases are implemented starting October 1st: $10 per week on studios and $15 per week on one-bedrooms, which the seller estimates will increase revenue by $59,520 based on a trailing 90 percent occupancy.

Key Highlights

  • Palm Grove & Key Suites in Orlando, FL: 246 units total—140 apartment units plus 106 extended stay suites
  • Strong frontage on South Orange Blossom Trail with average daily traffic of 62,000 vehicles per day
  • Key Suites extended stay area will implement weekly rent increases starting October 1st: $10 on studios and $15 on one‑bedrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Storage Facility Nail Salon Spa & Massage Center

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

Lease Details

246
Residential units
62,000 VPD
Traffic count
90%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby

Demographics for 32839, FL

58,641
Population
24,325
Households
2.4
Avg Household Size
32
Median Age
21%
College-Educated
83%
High-School Grad
7.4 sq mi
ZIP Area
7,924
Density / Sq Mi
$50,814
Median Household Income
$31,648
Median Earnings
$1,429
Median Rent
$250,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two Orlando-area apartment properties totaling 246 units feature strong frontage and high-volume traffic along South Orange Blossom Trail.
Where is this apartment building located?
The property is located at 1200 Holden Avenue & 4855 South Orange Blossom Trail Orlando, FL.
What are key features of this property?
This property features: Palm Grove & Key Suites in Orlando, FL: 246 units total—140 apartment units plus 106 extended stay suites; Strong frontage on South Orange Blossom Trail with average daily traffic of 62,000 vehicles per day; Key Suites extended stay area will implement weekly rent increases starting October 1st: $10 on studios and $15 on one‑bedrooms
More about this property
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