701 23rd Street, Orlando, FL 32805

Local realty services provided by:ERA Grizzard Real Estate
701 23rd Street,Orlando, FL 32805
$589,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,166 sq. ft.
  • Single family
  • Active
Listed by: faisal sheikh
Office: milestone realty & management inc
MLS#:O6337237
Source:MFRMLS

Price summary

  • Price:$589,000
  • Price per sq. ft.:$493.71

About this home

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).

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Home facts

  • Year built:1945
  • Listing ID #:O6337237
  • Added:106 day(s) ago
  • Updated:January 01, 2026 at 01:25 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,166 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1945
  • Building area:1,166 sq. ft.
  • Lot area:0.63 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$589,000
  • Price per sq. ft.:$493.71
  • Tax amount:$1,904 (2024)
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