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701 23rd St
For Sale $589,000 ($505.15 per Sq Ft)
$589,000 ($505.15 per Sq Ft)
- 3 Bedrooms
- 2 Bathrooms
- 1,166 Sq Ft
- 27,500 Sq Ft
Description
Multifamily Development Opportunity close to Orlando Health Hospital South of Downtown Orlando.
This offering includes both the home (701 23rd St) and the neighboring parcel (709 23rd St) a unique chance to acquire a sprawling piece of land in an area where space is at a premium.
House was fully remodeled in 2018 and is rented for a steady $2,000 monthly, providing an instant return on your investment. With its exceptional size and sought-after location, this property is perfect for a savvy investor or developer looking for a valuable asset with both immediate cash flow and significant long-term appreciation. Furthermore, based on an estimation from the county, approximately 9 to 12 units can be built on the property when merging both parcels (buyer is responsible for verification).
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $589,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,166 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1945 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 032329018030230 |
| MLS # | O6337237 |
| Property ID | 322179591 |
| Lot Sqft | 27,500 |
| Zoning | R-2 |
| Days on Market | 80 |
| Original List Price | $595,000 |
| Applicances | Microwave, Other, Range% |
| Date Updated | November 11, 2025 |
| Date Created | September 16, 2025 |
Listing Provided By
Faisal Sheikh an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 11, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT