415 S Parramore Avenue

ORLANDO, FL 32805

About this property

Located in Downtown Orlando, at the heart of the City and the fast-growing Parramore area, this is the lowest-priced commercial property portfolio (3 entities) in progressive downtown. Close to the iconic multi-million dollar Amway Arena and the Exploria Soccer Stadium, not to forget the Camping World Stadium and all other billion-dollar investments taking place in the Downtown area (and luxury apartment across to be built following the City's future plans). This mixed property has: an 8-rooming house makes $54000/year, a leased single home/duplex $14100/year, in addition a restaurant making $9600/year on the first floor of the rooming house; producing a gross income $77780; net operating income $60880. CAP RATE 8.12%. Insurance $5000. Parking for 6-12 cars, recent renovations include both bathrooms in the rooming house, porch and hallways, new carpet, new interior paint, SFH's roof fixed and new appliances.

Date Added
December 18, 2020
Listing Status
Active
Days On Site
39
MLS#
S5044162

Features and Additional Information

Lot Size
10,454 SqFt
Acreage
0.24
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1952
Zoning
AC1/T
Square Feet
3,835
Units
0
Story(s)
0
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$750,000 Active
3,835 SQFT

Presented By Coldwell Banker Coast Realty

Port Orange

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Port Orange
(386) 275-1000

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