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Listing 9 out of 173
$1,100,000 For Sale

845 N Magnolia Avenue
Orlando, FL 32803

lot: 9148 sq ft | Residential Lots & Land
120 × 75 - MLS# S5011658
Property Photo
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Description

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.

Features

  • Property Type: Residential Lots & Land
  • Sub Type: Commercial
  • Listing Status: Active
  • County/Area: Orange County
  • Zip Code: 32803
  • Subdivision/Neighborhood: Magnolia Park
  • Lot Size: 9148 sq ft
  • Country: US
  • Front Footage: 75
  • Lot Dimensions: 120x75
  • Lot Features: Buildable
  • Lot Size Square Feet: 9014
  • Parcel Number: 24-22-29-5440-01-100
  • Road Frontage Type: City Street
  • Tax Year: 2017
  • Total Acreage: Up to 10889 Sq. Ft.
  • Township: 22
Courtesy of Remax Premier Properties


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Michael Joynt, Orlando Real Estate
Michael Joynt
Homestead Realty Inc. 
14115 Town Loop Blvd. 
Orlando Florida 32837 
Office: (407)855-1994 
Desk: (407)855-1994 
Ljoynt@cfl.rr.com

Michael Joynt, PA, Homestead Realty

Michael Joynt llc | Homestead Realty Inc. | Lic# CQ260152 | Office: (407)855-1994 | Desk: (407)855-1994 | Email:Ljoynt@cfl.rr.com 
14115 Town Loop Blvd. | Orlando Florida 32837 
Copyright 2015 © Michael Joynt llc | Homestead Realty Inc. | All Rights Reserved

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