$595,000
701 23RD STREET
ORLANDO, FL, 32805
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).
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).
Property Details
Price:
$595,000
MLS #:
O6337237
Status:
Active
Beds:
3
Baths:
2
Address:
701 23RD STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ANGEBILT ADD
Neighborhood:
32805orlandowashingtonshores
City:
ORLANDO
Listed Date:
Sep 16, 2025
State:
FL
Finished Sq Ft:
1,166
Total Sq Ft:
1,193
ZIP:
32805
Lot Size:
27,500 sqft / 0.63 acres (approx)
Year Built:
1945
Schools
Interior
Appliances
Microwave, Other, Range
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile, Vinyl
Heating
Central, Electric
Laundry Features
Inside, Laundry Room
Exterior
Construction Materials
Concrete
Exterior Features
Garden, Lighting, Other, Private Mailbox
Roof
Shingle
Financial
Tax Year
2024
Taxes
$1,904
Mortgage Calculator
Map
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Courtesy of MILESTONE REALTY & MANAGEMENT INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than Treasured Home Collection include the name of the listing broker. Neither the listing company nor Treasured Home Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Orlando/Tampa – FL. All rights reserved. 701 23RD STREET
ORLANDO, FL
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