845 N MAGNOLIA AVENUE Orlando, FL 32803

Diamela Atencio
Diamela Atencio
MBA

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228517696 28.55658 -81.37661 2 /listing/228517696-150476739/845-n-magnolia-avenue-orlando-fl-32803 False 0 1100000.0 102 S5011658 True
  • $1,100,000
  • 845 N MAGNOLIA AVENUE Orlando, FL 32803
  • 120x75 lot
  • Est payment $5905.04/mo

Property & Neighborhood Info

Courtesy Of REMAX PREMIER PROPERTIES

Vacant Land in ORLANDO

M15 is a 4 story 15 unit multi-family residential project located at 845 N. Magnolia Ave at the corner of Magnolia Ave and Marks St. The project is intended to be a For Rent Apartment project however a For Sale Condo project is still a possibility. The project has six 2 bedrooms and nine 1 bedrooms along with 6 garage spaces and 6 surface spaces (12 spaces total). The project by code requires 15 spaces and therefore a parking deficiency (3 spaces) exists. This deficiency is being resolved by establishing a lease agreement for offsite parking at an adjacent property. The offsite parking lease shall run at least 5 years in duration per City of Orlando.The parking is screened and secured for residents by a masonry wall and gate with public access to the building and the lobby entry on Marks St. Resident Amenities include a Level 1 Club room which also includes a Property Management space. In addition on Level 4 there is a sky deck with unobstructed views to downtown Orlando. Trash and Transformer and Back-Flow Preventer are all screened. All mechanical units for air conditioning shall be located on the roof which is accessed by the stair near Magnolia St. With close proximity to downtown, the 19 story Wells Fargo Office Building, restaurants, coffee shops and other amenities it presents a great opportunity for a resident to leave their car behind and elect to walk or bike to work and social activities.

Courtesy Of REMAX PREMIER PROPERTIES
  1. 120x75 Lot

Main Features

  • Listing Status: Active
  • County: Orange
  • Taxes: $7,940.00
  • Tax Year: 2017
  • Zoning: AC-3A/T
  • Subdivision: Magnolia Park
  • MLS Number:S5011658

Additional Features

  • Property Subtype:
    • Commercial
  • Water Source:
    • None
  • Acreage Range:
    • 889 Sq. Ft.
    • Up to 10
  • Flood Zone:
    • X
  • Frontage:
    • 75
  • Lot Features:
    • Buildable
  • Sewer:
    • None
    • Public Sewer
  • Utilities:
    • Other
  • Road Frontage:
    • City Street
  • Township:
    • 22
  • Legal Description:
    • MAGNOLIA PARK G/126 LOT 10 BLK A (LESS W5 FT FOR ST)
  • Price Per Acre:
    • 5238095
  • Terms:
    • Cash
    • Conventional
    • Private Financing Available
  • CDOM:
    • 43
  • Association Fees:
    • None
  • Listing URL:
    • https://www.state27homes.com/search/listing/S5011658
  • Lot Size Acres:
    • 0.21
  • Lot Size Square Feet:
    • 9014
  • Office URL:
    • http://www.liveandinvestflorida.com
  • Parcel Number:
    • 24-22-29-5440-01-100
  • Tax Block:
    • A
  • Lot Size Dim:
    • 120x75
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.