115 N Summerlin AvenueOrlando, FL 32801MLS Number O5971886

  • Price: $3,100,000
  • 12 Days on Market
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Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801115 N Summerlin Avenue Orlando FL 32801
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  • 0.13Acreage
  • 1915Year Built
  • 3,256Square Feet
The property sits in the heart of Thornton Park, one of Orlando's most desired locations adjacent to Downtown Orlando. The property in its current state is being used as an event space, retail ice cream & deli, office rental, and Airbnb. Its current use had served the seller well, but now that it is transitioning it's time for the right operator to come in and maximize the property's use. The property consists of four building's - three office/ retail/Airbnb properties. All the buildings share a common area/courtyard which features a stage for bands/ceremonies and open outdoor event space. The Veranda is strategically one of the best pieces of real estate in terms of its geography. With major thoroughfares being a three min drive from the property it allows the property's to be easily accessible from all the surrounding areas. Also, its walkability allows it to tap into the immediate Thornton Park area, Eola Heights, Downtown, and Colonial Town South. These two factors (walkability and ease of access) make The Veranda prime for entertainment (bars, restaurants, comedy clubs, etc.) operators. The demographics in the immediate area only further support the suggested use as a food & beverage opportunity. The multiple functions of this investment property/ opportunity are rarely available in historic properties, but this property has the support of the City and Thornton Park, whom our offering incentives for the next owner of this gem. With the community and local municipalities behind the revitalization of this project now is the right time for a seasoned operator to seize this rare opportunity.
Listing Courtesy of 4 ACRE REALTY LLC

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More Info

Location Information

  • Road FrontageBusiness District, City Street

Basic Information

  • Property SubTypeMixed Use
  • Virtual TourView Tour

Property

  • Living Area 3256
  • ZoningPD/T/HP/SP

Utilities

  • Cooling Office Only

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No
  • Waterfront YN No

Other

  • Date Listed09/08/2021
  • MFR Flood Zone Code X

Basic Information

  • List Price$3,100,000
  • MLS NumberO5971886
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • New Construction YN Yes
  • Stories2
  • Year Built1915

Property Information

  • Acreage0.13
  • Construction Materials Wood Frame
  • Lot Size Square Feet 5,710
  • MFR Total Acreage 1/2 to less than 1
  • Number Of Lots 4
  • Property Condition Completed
  • Square Feet3,256

Tax Information

  • Tax Year 2020
  • Taxes$7,502

Location

  • Address115 N Summerlin Avenue
  • AreaOrlando
  • Building Number115
  • CountyOrange
  • Directions Head onto n summerlin ave and the property will be on the corner of e washington st & n summerlin ave.
  • StateFL
  • StreetSummerlin
  • SubdivisionEdgewater Terrace
  • TownOrlando
  • Township 22
  • Zip32801
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
9145 Narcoossee Road
Orlando, FL 32827

Based on information submitted to MFRMLS as of September 19, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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