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Property profile & analytics
OFF-MARKET
Commercial real estate

2100 Grant Ave Orlando, FL 32806

0.29 ac lot
Property ID
US18-8713079
Property summary
AI-generated overview

This exceptional 0.29-acre lot in Orlando's highly sought-after 32806 zip code presents a remarkable multifamily development opportunity. Located near Downtown Orlando, Orange Avenue, and Orlando Health Regional Medical Center, this property boasts a prime location with convenient access to major thoroughfares. The land comprises two lots, currently zoned R-3 multifamily residential with a density of 10 units per acre, allowing for various development options. Existing zoning permits the construction of two single-family homes per lot, each with the potential for accessory dwelling units, or a triplex townhome development, or a fourplex with a minor variance. The upcoming 2050 development code will further enhance possibilities, allowing for fourplexes or duplexes on each lot. Significant cost savings are anticipated due to the availability of gravity public sewer, a rare feature in this area. Mature trees provide natural shading, and all public utilities, including sewer, are readily accessible. The property previously housed two homes and an accessory building, potentially reducing or eliminating impact fees. Complete architectural plans for a triplex development, including site plans and truss engineering, are available. These plans detail three-bedroom, three-bathroom multigenerational units, each offering 1584 square feet of under-air living space and a total of 2307 square feet. The asking price for this exceptional development opportunity is $440,000. The property's address is 2100 E Grant Ave, Orlando, FL, with APN 06-23-30-0024-01-400. No HOA fees apply.

Property profile
Verified
Property type Commercial real estate
Lot 0.29 ac (12,632 SF)
APN 06-23-30-0024-01-400
UPID US18-8713079
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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