1. Florida
2. Orlando
3. 701 23RD STREET

701 23RD STREET, Orlando, FL 32805

• 3 beds |
• 2 baths |
• 1,166 sqft

Property Description

Multifamily Development Opportunity close to Orlando Health Hospital South of Downtown Orlando. This offering includes both the home (701 23rd St) and the neighboring parcel (709 23rd St) a unique chance to acquire a sprawling piece of land in an area where space is at a premium. House was fully remodeled in 2018 and is rented for a steady $2,000 monthly, providing an instant return on your investment. With its exceptional size and sought-after location, this property is perfect for a savvy investor or developer looking for a valuable asset with both immediate cash flow and significant long-term appreciation. Furthermore, based on an estimation from the county, approximately 9 to 12 units can be built on the property when merging both parcels (buyer is responsible for verification).

Listing Status:

Active

Date Added:

September 16, 2025 at 05:00AM

Listing Office:

MILESTONE REALTY & MANAGEMENT INC : 407-749-6566

Listing Agent:

Faisal Sheikh : 407-900-7371

MLS ID:

O6337237

Interior

• General: Ceiling Fan(s)Living Room/Dining Room ComboOpen FloorplanOtherThermostat
• Appliances: MicrowaveOtherRange
• Laundry: InsideLaundry Room
• Flooring: TileVinyl
• A/C: Central Air
• Heating: CentralElectric

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Faisal Sheikh, MILESTONE REALTY & MANAGEMENT INC