Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    205 Eola Dr Orlando, FL 32801

    Sponsored
    For Sale
    $6,990,000

    144-unit apartment project, prime location

    Property size:
    8,163 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully approved 13-story mixed-use development plan in the heart of downtown Orlando, Florida. Situated on a half-acre parcel at 205 S Eola Dr, this prime Thornton Park address is just two blocks from Lake Eola Park and surrounded by a vibrant mix of restaurants, cafes, bars, and retail establishments. The approved project encompasses 144 studio and one-bedroom rental units, catering to the high demand for urban living. The building design includes a six-level parking garage with 133 spaces, bicycle storage, and personal storage units. The ground floor offers 6,280 square feet of retail and restaurant space, perfectly positioned to capitalize on the area's bustling activity. With a total building area of 8,163 square feet, this project offers significant potential for substantial returns. Market rents for comparable new units in the immediate area range from $3.75 to $4.25 per square foot, indicating strong rental income prospects. The existing zoning, Eola and Church PD Mixed Use Residential/Commercial, allows for this versatile development, making it an attractive investment in a thriving urban environment. The asking price for this exceptional opportunity is $6,990,000.

    Property Features for 205 Eola Dr

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,163 SF

    Building Details

    Stories
    13
    Units
    144

    HighLights

    • $6,990,000 asking price.
    • 0.5‑acre mixed‑use land parcel in Orlando, FL.
    • Approved plans for a 13‑story building with 144 studio and one‑bedroom apartments.
    • Includes 133 parking spaces, bicycle storage, and personal storage units.
    • Ground floor offers 6,280 square feet of retail/restaurant space.
    • Prime downtown Orlando location, two blocks from Lake Eola Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cfdfl the Center For Drug Counselor Larry D. Smith Attorney Alexis Homes Contractor mysmartquote Insurance Agency PetHotels.com - Orlando Dog ... Pet Boarding Service

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply Gym & Fitness Realty agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.3696524
    Latitude
    28.5402246

    Nearby Similar for Sale

    • New
      $480,000
      1,501 SF

      Renovated Orlando Duplex Investment Opportunity

      Fully renovated duplex in Orlando with income potential.
      96 W Esther St, Orlando, FL 32806
      View Details
    • $1,725,000
      4,121 SF

      Lakefront Estate with Development Potential

      Versatile estate on 11.5 acres with lake access and multiple residences.
      16692 Lake Pickett Rd, Orlando, FL 32820
      View Details
    • $1,799,000
      1,176 SF

      Orlando Multifamily Investment Opportunity

      Six townhouses in Orlando, ideal for investors, close to attractions.
      11110 Essex Ridge Ct, Orlando, FL 32837
      View Details
    • $1,300,000
      3,263 SF

      College Park Income-Producing Quadruplex

      Four-unit property in College Park, ideal for investors.
      2223 Amherst Ave, Orlando, FL 32804
      View Details
    • New
      $515,000
      2,393 SF

      Orlando Duplex: Remodeled, Fully Leased

      Remodeled Orlando duplex with strong rental income potential.
      4711 Eggleston Ave, Orlando, FL 32804
      View Details
    • $1,495,500
      3,453 SF

      Orlando Luxury Income Property

      New construction duplex near Orlando Health, generating rental income.
      239 E Harding St, Orlando, FL 32806
      View Details
    • $3,400,000
      7,947 SF

      Multi-Building Site on 5.4 Acres

      Multi-building site on 5.4 acres with future commercial land use.
      8826 Trevarthon Rd, Orlando, FL 32817
      View Details
    • $1,228,000
      3,150 SF

      Updated Triplex in Baldwin Park

      Live, work, and earn in one updated Orlando property.
      1550 Lake Baldwin Ln, Orlando, FL 32814
      View Details
    • $2,450,000
      9,918 SF

      Renovated Orlando Office Building

      Prime Orlando office building with long-term governmental tenant.
      701 E South St, Orlando, FL 32801
      View Details
    • New
      $415,000
      1,144 SF

      Orlando Duplex Investment Opportunity

      Duplex in Historic Lake Eola District, Orlando. Vacant and gutted.
      200 Hibiscus Ct, Orlando, FL 32801
      View Details
    • $699,900
      1,889 SF

      Orlando Triplex Investment Opportunity

      Well-maintained triplex in Crystal Lake area, ideal for investors.
      3105 S Crystal Lake Dr, Orlando, FL 32806
      View Details
    • $275,000
      Pending

      Renovated Duplex Near Camping World Stadium

      Income-producing duplex with renovation upside in Orlando, Florida.
      917 Mack Ave, Orlando, FL 32805
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 144-unit apartment project, prime location
    Where is this mixed-use property located?
    The property is located at 205 Eola Dr Orlando, FL.
    What is the asking price?
    The asking price for this property is $6,990,000.
    What are key features of this property?
    This property features: $6,990,000 asking price.; 0.5-acre mixed-use land parcel in Orlando, FL.; Approved plans for a 13-story building with 144 studio and one-bedroom apartments.
    Request Owner's contact information
    205 Eola Dr Orlando, FL 32801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    205 Eola Dr
    Orlando, FL 32801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 Eola Dr Orlando, FL 32801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.