Orlando, FL 32811

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$15,800,000
Annual Taxes:$16,244
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Krimus Realty, LLC.

A rare trophy development opportunity in the heart of Orlando.

Description

A rare trophy development opportunity in the heart of Orlando. This prime property offers exceptional potential forcommercial, mixed use, and/or residential development, including affordable housing, making it an idealacquisition for investors, developers, and owner users seeking a strategic location. The property is currentlyoperating as a well established open storage yard with a successful operating history spanning more than 40years. The longstanding operation provides exceptional income, offering immediate cash flow while allowing abuyer to evaluate future redevelopment opportunities. The property also includes an approximately 1,300 squarefoot air conditioned office with a kitchenette, bathroom, and shower, providing functional on site facilities for theexisting operation or a future owner user. This unique combination of established income, existing infrastructure,and significant development potential creates a compelling investment opportunity. Continue the profitableexisting operation or pursue the site's future commercial, mixed use, residential, or affordable housingdevelopment potential. Can build over 50K sqft commercial and or over 220k sqft residential. For internationalinvestors, this acquisition may also present an opportunity to explore certain U.S. investor visa programs, subjectto eligibility requirements and independent legal and immigration counsel.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.