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Downtown Apartment Building with Development Approval
For Sale
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515 E Pine St, Orlando, FL 32801

Existing six-unit apartment building, with approval for a high-rise up to 16 stories in downtown Orlando.

Property SizeContact for details
Days on Market120

Property Features for 515 E Pine St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: 100UNits.com
Listed By: Joe LaFleur · License #BK3206282
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 12:57PM

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.

The existing apartment building features six rental units, each described as large 1,130 sf units. The property has approval for a high-rise development of up to 16 stories.

The site is located at 515 E Pine St in downtown Orlando, directly across Pine St from The Sanctuary. It is also contiguous to 530 E Central, two of downtown Orlando’s high-rise residential condo properties, where adjacent owners are open to discussing a future high-rise development concept that includes an air bridge over E Pine Street.

The remarks indicate the building is located just a block away from Lake Eola and Downtown Orlando.

Key Highlights

  • Existing 6‑unit apartment building in downtown Orlando, FL
  • Six rental units, each approximately 1,130 SF
  • Approved for a high‑rise development up to 16 stories

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Tanning Salon Clothing & Fashion Store Veterinary Clinic

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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

9,255
Businesses Nearby

Demographics for 32801, FL

17,728
Population
12,133
Households
1.5
Avg Household Size
36
Median Age
63%
College-Educated
95%
High-School Grad
2.2 sq mi
ZIP Area
8,058
Density / Sq Mi
$77,626
Median Household Income
$63,090
Median Earnings
$1,773
Median Rent
$397,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Existing six-unit apartment building, with approval for a high-rise up to 16 stories in downtown Orlando.
Where is this apartment building located?
The property is located at 515 E Pine St Orlando, FL.
What are key features of this property?
This property features: Existing 6‑unit apartment building in downtown Orlando, FL; Six rental units, each approximately 1,130 SF; Approved for a high‑rise development up to 16 stories
More about this property
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