222 N Parramore Ave Orlando, FL 32801

Property Details for 222 N Parramore Ave

Lot size

0.36 lot acres

Zone code

MU-1/T/PH

Property type

Commercial land

APN

26-22-29-8460-03-010

APU

262229846003010

Description

This exceptional 1.4-acre mixed-use portfolio in Orlando's vibrant Innovation District presents a unique investment opportunity. Comprising eleven parcels, this fee-simple offering includes a 10,902 square foot building at 716 W Robinson St, zoned MU-1/T/PH & R2B/T/PH, and ten additional parcels, several of which are vacant land. Three adjacent vacant parcels at 726 W. Robinson St, 732 W. Robinson St, and 217 Garden Ave, zoned R2B/T/PH, offer significant development potential. Four additional adjacent vacant parcels located at 222 N Parramore Ave, 214 N Parramore Ave, 211 McQuigg Ave, and 215 McQuigg Ave, also zoned MU-1/T/PH & R2B/T/PH, provide further expansion possibilities. A one-story duplex at 209 Garden Ave (3,596 sq ft), zoned R2B/T/PH, and two additional vacant parcels at 202 McQuigg Ave and 824 W. Robinson St (each 3,596 sq ft), zoned R2B/T/PH, complete the portfolio. The MU-1/T/PH zoning allows for medium-intensity mixed residential and office development up to 35 feet, while R2B/T/PH permits single-family homes, duplexes, and small apartment buildings up to 30 feet. The combined potential unit count across the portfolio is estimated at 20 units. This prime location offers exceptional walkability to Creative Village, Exploria Stadium, Amway Center, and other downtown attractions. Importantly, this portfolio is situated within a Community Development Financial Institutions Fund designated area, qualifying for various funding programs including the Bank Enterprise Award, Capital Magnet Fund, and Equitable Recovery programs. This presents a compelling opportunity for investors seeking high-growth potential in a dynamic urban setting. The asking price is $2,100,000.

Location Insight

City

Orlando

County

Orange

State

Florida

Longitude

-81.3895

Latitude

28.5455

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments