621 W South Street, Orlando, FL 32805
- $20,000,000
- 28
- BD
- 10
- BA
- 3,248
- SqFt
- List Price
- $20,000,000
- Status
- Active
- Days on Market
- 81
- MLS#
- O6402329
- Property Style
- Quadruplex
- Year Built
- 1968
- Bedrooms
- 28
- Bathrooms
- 10
- Living Area
- 3,248
- Lot Size
- 18,673
- Acres
- 0.43
- Total Acreage
- 1 to less than 2
- Legal Subdivision Name
- James B Parramores Add
- MLS Area Major
- Orlando/Washington Shores
Property Description
Rare opportunity to acquire a diverse, income-producing portfolio in the rapidly evolving Parramore area of Orlando. This offering includes 32 properties totaling 103 units, featuring a strong mix of asset types: duplexes, quadplexes, a 6-plex, 8-plex, and 10-plex, along with two single-family homes. The portfolio offers immediate cash flow, with the majority of units already leased and generating consistent rental income. Unit configurations range from studios to 3-bedroom units, providing broad tenant appeal and diversified income streams. Strategically located in the heart of Orlando’s urban core, these properties are within walking distance to the Kia Center, Inter&Co Stadium, and Camping World Stadium—major entertainment and sports hubs that continue to drive strong rental demand and neighborhood growth. This portfolio positions investors to benefit from ongoing redevelopment, population growth, and long-term appreciation in the Parramore submarket. With scale, density, and strong rental demand, this is an ideal opportunity for investors seeking both stable returns and future upside potential. Whether you’re looking to expand your existing holdings or establish a significant footprint in one of Orlando’s most promising areas, this portfolio delivers on all fronts. Don’t miss this chance to secure a high-performing, large-scale investment in a prime Central Florida location.
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Additional Information
- Taxes
- $10963
- Annual Gross Income
- 1201774
- Community Features
- No Deed Restriction
- Zoning
- R-2B/T/PH
- Interior Layout
- Kitchen/Family Room Combo
- Interior Features
- Kitchen/Family Room Combo
- Utilities
- Other
- Heating
- Ductless
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Cement Siding, Concrete, Stucco
- Exterior Features
- Fence, Sidewalk
- Roof
- Cement, Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 26-22-29-6716-16-031
- Legal Description
- JAMES B PARRAMORES ADDITION C/66 LOT 3 BLK P
Listing courtesy of RADIUS REALTY GROUP LLC. 407-541-0779
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