222 N Parramore Ave Orlando, FL 32801

This diversified 1.40-acre collection of 11 parcels is located within the Innovation District of Downtown Orlando. The portfolio includes a 10,902 SF building at 716 W Robinson St, which has a total of 11,376 SF, and three adjacent vacant land parcels at 726 W. Robinson St, 732 W. Robinson St, and 217 Garden Ave, which total 26,360 SF when combined with 716 W Robinson St. There are also four adjacent vacant land parcels at 222 N Parramore Ave, 214 N Parramore Ave, 211 McQuigg Ave, and 215 McQuigg Ave, totaling 26,136 SF. These parcels are directly across the street from 716 W Robinson St and the other three adjacent vacant land parcels. Additionally, the portfolio features a one-story duplex at 209 Garden Ave (3,596 SF), a vacant land parcel at 202 McQuigg Ave (3,596 SF), and a vacant land parcel at 824 W. Robinson St (3,596 SF). The properties are within walking distance of Creative Village, Orlando City Soccer Exploria Stadium, and Amway Center. The zoning for the 716 W Robinson St and the four vacant land parcels on Parramore Ave is MU-1/T/PH & R2B/T/PH, which allows for Medium Intensity Mixed Residential and Office with a maximum height of 35 ft. The zoning for the three vacant land parcels on Robinson St and Garden Ave, the duplex on Garden Ave, and the vacant land parcels on McQuigg Ave and Robinson St is R2B/T/PH, which allows for single family homes, duplexes, small apartment buildings of 3-5 units, garage apartments, and accessory apartments with a maximum height of 30 ft. When you combine the three adjacent vacant land parcels, you can get a total of 4 single family units. When you combine the four adjacent vacant land parcels, you can get a total of 16 units. The portfolio is within the U.S. Department of Treasury’s Community Development Financial Institutions Fund designated area and qualifies for the Bank Enterprise Award, Capital Magnet Fund, and the Equitable Recovery programs.