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Apartment Portfolio With 10-Plex Units
For Sale
$20,000,000

621 W SOUTH Street, Orlando, FL 32805

MULTI_FAMILY - ORLANDO, FL

Property Size3,248 SF
Lot Size0.43 Acres
Price / SF$6,157
Days on Market93

Property Features for 621 W SOUTH Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-2B/T/PH
Bedrooms 28
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 6, Bedroom 22, Bedroom 16, Bedroom 27, Bedroom 26, Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 28, Bedroom 13, Bedroom 8, Bathroom 1, Bathroom 9, Bedroom 6, Bedroom 15, Bedroom 1, Bathroom 5, Bedroom 11, Bathroom 3, Bedroom 12, Bedroom 7, Bedroom 24, Bedroom 9, Bedroom 23, Bedroom 19, Bedroom 3, Bedroom 10, Bedroom 20, Bedroom 25, Bedroom 14, Bathroom 7, Bedroom 5, Bedroom 18, Bedroom 21, Bathroom 8, Family Room, Bedroom 17, Bathroom 10
Interior features Kitchen/Family Room Combo
Exterior features Fence, Sidewalk
Fencing Fenced
Subdivision JAMES B PARRAMORES ADD
Directions This is a multi unit portfolio for 32 addresses. The direction is for 621 W South St. From I-4 get exit to South Street, head west, Property will be on your right.
Standard status Active
APN 26-22-29-6716-16-031
Size 3,248 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description JAMES B PARRAMORES ADDITION C/66 LOT 3 BLK P
Tax Annual Amount 10963
Legal Description JAMES B PARRAMORES ADDITION C/66 LOT 3 BLK P

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1968
Building materials Cement Siding, Concrete, Stucco
Roof type Shingle
Listing Agency: RADIUS REALTY GROUP LLC
Listed By: Ellen Sousa · License #3258784
Added: May 7 Changed: Aug 3 Last Checked: Aug 7 at 2:06AM
MLS# O6402329

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment buildings portfolio includes 32 properties totaling 103 units, offering a mix of duplexes, quadplexes, a 6-plex, 8-plex, and 10-plex, plus two single-family homes. Unit types range from studios to 3-bedroom configurations, supporting a diversified tenant mix. The portfolio is described as having most units already leased, supporting immediate cash flow.

The properties are located in the Parramore area of Orlando, within walking distance to Kia Center, Inter&Co Stadium, and Camping World Stadium. The overall site is identified at 0.43 acres, with a stated property size of 3,248 square feet. Zoning is listed as R-2B/T/PH.

Construction is described as cement siding, concrete, and stucco, with a shingle roof. Heating is listed as ductless, with cooling provided by window and wall/window unit(s). Exterior features include fencing and sidewalk, and the water source and sewer service are both public.

Key Highlights

  • Portfolio includes 32 properties totaling 103 units: duplexes, quadplexes, a 6‑plex, 8‑plex, and 10‑plex plus two single‑family homes
  • Unit mix spans studios through 3‑bedroom configurations
  • Zoning listed as R‑2B/T/PH

Property Analytics

Current Use

Quadplexes

Suggested Use

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

103
Residential units

Location Intelligence

Trade Area within ½ mile

1,714
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment portfolio in R-2B/T/PH zoning with public water and public sewer, built in 1968.
Where is this apartment building located?
The property is located at 621 W SOUTH Street Orlando, FL.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: Portfolio includes 32 properties totaling 103 units: duplexes, quadplexes, a 6‑plex, 8‑plex, and 10‑plex plus two single‑family homes; Unit mix spans studios through 3‑bedroom configurations; Zoning listed as R‑2B/T/PH
More about this property
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