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Land Bank with Existing Cash Flow - Availability Details

515 E Pine St, Orlando, FL 32801

  • For Sale $1,900,000
  • City Orlando
  • Neighborhood Downtown Orlando
  • Zip Code 32801
  • Property Type Multi-Family
  • Property Size 7,458 Sqft
  • Lot Size 0.14 Acre
  • Year Built 1930
  • Date Updated 24 May, 2021
From the extraordinary Magic Kingdom to the excitement of Orlando City’s Soccer games, Orlando offers something to do for the whole family. Orlando is genuinely nicknamed “The City Beautiful” and its symbol is the mystical fountain in Lake Eola. Located right in the heart of Downtown Orlando. The City Beautiful is also known as “The Theme Park Capital of the World” and its tourist attractions draw more than 68 million tourists a year, including 4 million international guests. The Orlando International Airport (MCO) is the 25th busiest airport in the United States. It is the home of the second largest university in the nation and one of the top research universities, the University of Central Florida Technology Incubator has assisted 55 high tech start-ups over the past decade. Citing the region’s median average salary and a 4.2 percent unemployment rate, Forbes has ranked Orange County’s City of Orlando the No. 1 region for job growth and one of the fastest growing cities in the nation. Highlighting the Dr. Phillips Center for the Performing Arts, SunRail – the nation’s newest commuter rail system and the developing food scene, The New York Times named Orlando No. 13 of 52 Places to Go in 2015. Additionally, U.S. News & World Report recognized the region as one of the Best Places to Travel in 2015 and one of the Top 100 Best Places to Live in the United States in 2016. Also, in 2016, Forbes ranked Orlando as one of the nation’s Best Cities to Buy Housing, third for the Best Big Cities for Jobs and one of the top 10 Cities that Americans Are Moving to Right Now. In 2018 Visit Florida reported Florida drew 126.1 million out-of-state visitors, setting a record for the eighth consecutive year. Orlando had a big year in 2017, setting a record with 72 million visitors, reports Visit Orlando, Orlando’s Tourism agency. Whether you are a visitor, a resident or a business looking to grow and expand your footprint, Orlando provides a young and talented workforce; multi-modal access to destinations around the globe; a do-what-it-takes attitude; and year-round sunshine. Forbes recently announced that Orlando is currently the best city in the nation to buy a home, due to prices increasing by 9 percent in 2017.
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Contacts

broker

Joe LaFleur

100Units.com

(407) 504-1728

Highlights

  • Land Bank with Existing Cash Flow
  • Approved for Up To 16 Stories
  • Across from The Sanctuary
  • Contiguous to 530 E Central
  • 1 Block South of Famous Lake Eola
  • Located in Downtown Orlando

Contact Listing Broker

broker

Joe LaFleur

100Units.com

(407) 504-1728

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