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Downtown Orlando Multifamily Investment
For Sale
$950,000

2119 S FERN CREEK Ave, Orlando, FL 32806

Multifamily property with 10 units across three buildings, currently occupied by long-term tenants.

Property Size1,594 SF
Days on Market121

Property Features for 2119 S FERN CREEK Ave

General Information

Standard status Active
Size 1,594 SF
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 10

Taxes and HOA fees

Annual Taxes $3,243

Amenities

mature landscaping
on-site parking
storage and shed space
tree house

Building Details

Building Size 1,594 SF
Year Built 1950
Tenancy Multi
Listed By: Robert Christiano
Source: Elliman
Added: May 10 Changed: Aug 28 Last Checked: Sep 6 at 9:02AM

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 Robert Christiano

Investment Insights

Based on property information with market context.

This multifamily property offers 10 total units spread across three separate buildings. The main building includes four units, while the second and third buildings together provide six efficiency units, creating a diversified rental layout.

The property is situated on just over half an acre in the SODO/Downtown Orlando corridor. It features mature landscaping, additional on-site parking, and extra storage and shed space, along with a unique tree house located toward the rear of the site.

Currently, nine long-term tenants are in place, supporting immediate occupancy. The asset is presented as an income-producing residential income opportunity in a central Orlando location near Downtown, Orlando Health, shopping, dining, entertainment, major highways, and parks.

Key Highlights

  • 10‑unit multifamily property across three separate buildings (built in 1950)
  • Currently occupied with nine long‑term tenants in place
  • Generates over $92,000 in gross annual income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Storage Facility Cafe & Coffee Shop Locksmith

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

10
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

924
Businesses Nearby

Demographics for 32806, FL

26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
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 - Multifamily property with 10 units across three buildings, currently occupied by long-term tenants.
Where is this apartment building located?
The property is located at 2119 S FERN CREEK Ave Orlando, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10‑unit multifamily property across three separate buildings (built in 1950); Currently occupied with nine long‑term tenants in place; Generates over $92,000 in gross annual income
More about this property
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