Local realty services provided by:ERA ONETEAM REALTY
720 S Mills Avenue,Orlando, FL 32801
$825,000
- 0.24 Acres
- Lots / Land
- Active
Listed by: wael georgey
Office: properties in town
MLS#:O6378091
Source:MFRMLS
Price summary
- Price:$825,000
About this home
Rarely offered large lot zoned R-2B, presenting a unique opportunity for developers, investors, or end users to design and build(up to 4 units) in one of Downtown Orlando’s most desirable neighborhoods. Ideally nestled along South Mills Avenue in the heart of the Lake Davis and Lake Greenwood area, this property is just minutes from some of Orlando’s most beloved hidden gems, including Lake Davis, Lake Greenwood, and Mills Market.
The property features an existing duplex with two one-bedroom, one-bath units and offers the ability to generate rental income while planning future improvements or redevelopment. The expansive lot is beautifully shaded by a canopy of mature Florida live oak trees, thoughtfully positioned primarily within the setbacks, allowing flexibility for future development without interference.
Zoning allows for a wide range of development options, including single-family homes, tandem duplexes, or smaller apartment buildings, with the ability to build up to three stories and rooftop decks, subject to buyer verification. The location is less than one mile from Lake Cherokee and Delaney Park and approximately one mile from Lake Eola and the heart of Downtown Orlando, offering a highly walkable and lifestyle-driven setting.
This is a rare opportunity to own a property with immediate income potential and exceptional long-term upside in one of Downtown Orlando’s highest-demand rental markets, with convenient access to SR-408. A must-see in person to fully appreciate the setting, mature trees, and future potential.
Contact an agent
Home facts
- Listing ID #:O6378091
- Added:1 day(s) ago
- Updated:January 31, 2026 at 01:36 AM
Structure and exterior
- Lot area:0.24 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$825,000
- Tax amount:$7,924 (2024)
New listings near 720 S Mills Avenue
- New
$675,000Active5 beds 4 baths3,494 sq. ft.857 Timber Isle Drive, ORLANDO, FL 32828
MLS# O6376569Listed by: EXP REALTY LLC - New
$525,000Active2 beds 1 baths784 sq. ft.730 S Mills Avenue, ORLANDO, FL 32801
MLS# O6378030Listed by: PROPERTIES IN TOWN - New
$313,900Active3 beds 3 baths1,272 sq. ft.10193 Ridgebloom Avenue, ORLANDO, FL 32829
MLS# O6378033Listed by: BB GROUP REALTY CORP - New
$525,000Active0.23 Acres730 S Mills Avenue, ORLANDO, FL 32801
MLS# O6378061Listed by: PROPERTIES IN TOWN - Open Sat, 12 to 2pmNew
$385,000Active4 beds 2 baths1,550 sq. ft.2843 Calico Court, ORLANDO, FL 32822
MLS# S5142838Listed by: EXP REALTY LLC - New
$1,695,000Active2 beds 3 baths2,300 sq. ft.9648 Bryanston Drive, ORLANDO, FL 32827
MLS# O6374401Listed by: LAKE NONA REALTY LLC - New
$349,900Active2 beds 2 baths1,330 sq. ft.10 N Summerlin Avenue #7, ORLANDO, FL 32801
MLS# OM717567Listed by: BRAVO'S PROPERTIES & MAN LLC - New
$364,900Active3 beds 2 baths1,708 sq. ft.4232 Pacifica Drive, ORLANDO, FL 32817
MLS# O6378387Listed by: ENTERA REALTY LLC - New
$90,000Active2 beds 1 baths1,020 sq. ft.2518 Skan Court #C, ORLANDO, FL 32839
MLS# P4937690Listed by: MY FLORIDA HOME SWEET HOME, LLC