415 S Parramore AvenueOrlando, FL 32805MLS Number S5044162

  • Price: $750,000
  • 38 Days on Market
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Federal 30-year interest rate: 2.77% last updated on Jan 21, 2021
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415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805415 S Parramore Avenue Orlando FL 32805
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  • 0.24Acreage
  • 1952Year Built
  • 4,343Square Feet
Located in Downtown Orlando, at the heart of the City and the fast-growing Parramore area, this is the lowest-priced commercial property portfolio (3 entities) in progressive downtown. Close to the iconic multi-million dollar Amway Arena and the Exploria Soccer Stadium, not to forget the Camping World Stadium and all other billion-dollar investments taking place in the Downtown area (and luxury apartment across to be built following the City's future plans). This mixed property has: an 8-rooming house makes $54000/year, a leased single home/duplex $14100/year, in addition a restaurant making $9600/year on the first floor of the rooming house; producing a gross income $77780; net operating income $60880. CAP RATE 8.12%. Insurance $5000. Parking for 6-12 cars, recent renovations include both bathrooms in the rooming house, porch and hallways, new carpet, new interior paint, SFH's roof fixed and new appliances.
Listing Courtesy of KELLER WILLIAMS LEGACY REALTY

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More Info

Location Information

  • Road FrontageMain Throrughfare

Basic Information

  • Property SubTypeMixed Use
  • Virtual TourView Tour

Property

  • Business Type Commercial, Mixed, Residential, Restaurant
  • Living Area 3835
  • ZoningAC1/T

Utilities

  • Cooling Wall/Window Unit(s)
  • Electric 220 Volts, Separate Meters
  • Sewer Private Sewer
  • Utilities Private

Water Body

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

Other

  • Date Listed12/18/2020
  • MFR Flood Zone Code x
  • View Count2

Basic Information

  • List Price$750,000
  • MLS NumberS5044162
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Levels Two
  • RoofBuilt-Up, Shingle
  • Year Built1952

Interior

  • Flooring Carpet

Property Information

  • Acreage0.24
  • Construction Materials Block
  • Lot DescriptionCentral Business District, City Limits, Interior Lot, Paved
  • Lot Size Square Feet 10,436
  • MFR Front Footage 50
  • MFR Total Acreage 0 to less than 1/4
  • Property Condition Completed
  • Square Feet4,343

Tax Information

  • Tax Year 2019
  • Taxes$2,460

Location

  • Address415 S Parramore Avenue
  • AreaOrlando/Washington Shores
  • Building Number415
  • CountyOrange
  • Directions From hwy 50 south on parramore to 415 south parramore
  • Leasable Area 3835
  • StateFL
  • StreetParramore
  • TownOrlando
  • Township 22
  • Zip32805

Amenities

  • Community Features Activity Core/Center, Airport/Runway
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
9145 Narcoossee Road
Orlando, FL 32827

Based on information submitted to MFRMLS as of January 25, 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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