7601 Canada Ave Orlando, FL 32819-8252

Property Details for 7601 Canada Ave

Lot size

2.32 lot acres

Zone code

C-2

Property type

Commercial land

APN

25-23-28-3459-00-001

APU

252328345900001

Description

This exceptional investment opportunity presents a two-unit, Class B multifamily property located in Orlando, Florida's vibrant International Drive tourist corridor. Built in 1999, this single-building, six-story property boasts a total of 1,084 square feet of net rentable space, currently operating at 73% occupancy. Each unit is fully furnished and features a complete kitchen, a pull-out couch with a TV in the living room, and a bedroom with two full-size beds. The property's prime location offers unparalleled access to major attractions, including Universal Studios, SeaWorld, and numerous restaurants and shops, all within a short distance. The proximity to the Orange County Convention Center and the high volume of tourism in the area contribute to strong rental demand and potential for significant rental income. The property is zoned for short-term rentals, providing flexibility for various rental strategies, including Airbnb. Historical sales data indicates comparable properties in the area have sold for significantly higher prices, suggesting strong potential for appreciation. This turnkey investment offers a compelling opportunity to capitalize on Orlando's thriving tourism market and generate substantial returns. The asking price is $115,999 per unit, or $231,998 for both. Financial performance data suggests a strong return on investment, with occupancy rates mirroring the overall market rebound. The property's location near major theme parks, the convention center, and other attractions ensures consistent demand and high occupancy rates. This is a rare opportunity to acquire a well-located, income-generating property in one of the nation's top tourist destinations.