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Renovated 16-Unit Apartment Property
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14 & 34 South Ortman Drive Orlando, Orlando, FL 32805

Sixteen two-bedroom units are in a concrete-block, two-building complex with central HVAC and fully renovated interiors.

Property SizeContact for details
Days on Market120

Property Features for 14 & 34 South Ortman Drive Orlando

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: 100UNits.com
Listed By: Joe LaFleur · License #BK3206282
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 4:08PM

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 100UNits.com

Investment Insights

Based on property information with market context.

Cherry Oaks Apartments is a 16-unit multifamily property consisting of two 2-story apartment buildings constructed with concrete block. The complex includes approximately 16,576 square feet and is sited on 1.81 acres, with 0.78 acres described as vacant and zoned for an additional 8 units.

Unit interiors have been renovated, including new kitchens, bathrooms, tile flooring throughout, interior painting, and new windows. The property also has new roofs, and all units include central HVAC systems. Tenant-paid electrical is noted, while the owner pays water, sewer, trash, and outside lighting.

The property is located within an Opportunity Zone.

Key Highlights

  • 16‑unit multifamily complex on 1.81 acres with two 2‑story concrete block buildings totaling approx. 16,576 SF
  • All interiors renovated with new kitchens, bathrooms, tile flooring throughout, interior painting, and new windows
  • All units have central HVAC; tenants pay electrical while owner pays water, sewer, trash, and outside lighting

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Pharmacy Parking Lot & Garage

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

562
Businesses Nearby

Demographics for 32805, FL

23,331
Population
9,332
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
6.8 sq mi
ZIP Area
3,431
Density / Sq Mi
$39,425
Median Household Income
$29,592
Median Earnings
$1,112
Median Rent
$226,100
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 - Sixteen two-bedroom units are in a concrete-block, two-building complex with central HVAC and fully renovated interiors.
Where is this apartment building located?
The property is located at 14 & 34 South Ortman Drive Orlando Orlando, FL.
What are key features of this property?
This property features: 16‑unit multifamily complex on 1.81 acres with two 2‑story concrete block buildings totaling approx. 16,576 SF; All interiors renovated with new kitchens, bathrooms, tile flooring throughout, interior painting, and new windows; All units have central HVAC; tenants pay electrical while owner pays water, sewer, trash, and outside lighting
More about this property
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