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    1205 Nela Ave Orlando, FL 32809

    For Sale
    $1,255,000

    Land - ORLANDO, FL

    Lot size:
    2.31 Acres
    Days on Market:
    396
    Last Refresh:
    Dec 10 at 11:06 am

    Property Features for 1205 Nela Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-2
    APN
    25-23-29-3340-00-083
    Lot size
    2.31 Acres

    Utilities

    Water front features
    Pond, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Joseph La Rosa (321) 939-3748 [email protected]

    Listing agent Christopher Salhab (321) 939-3748 License #3379026

    Listing date Nov 10, 2024

    MLS# O6141027 Listing URL

    Copyright © 2025 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.

    Overview

    Orlando Development Opportunity with Permits

    This property presents an excellent development opportunity with approved permits for a 12-unit apartment community. Zoned R-2 Low/Medium density, the 2.31-acre lot in Orlando, Florida, has the potential to develop up to 20 dwelling units. The property is located in Orange County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.36391
    Latitude
    28.462635

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    FAQs

    What type of property is this?
    Apartment building - Approved permits for 12-unit apartment community on 2.31 acres.
    Where is this apartment building located?
    The property is located at 1205 Nela Ave Orlando, FL.
    What is the asking price?
    The asking price for this property is $1,255,000.
    What are key features of this property?
    This property features: - Approved permits for a 12-unit apartment community.; - Excellent development opportunity.; - R-2 Low/Medium density zoning.
    (321) 939-3748
    Request Owner's contact information
    1205 Nela Ave Orlando, FL 32809
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    Orlando, FL 32809
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    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
    1205 Nela Ave Orlando, FL 32809
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