Orlando, FL 32803,1216 VIRGINIA DR
Listed by LPT REALTY, LLC
$1,700,000
Est. payment /mo
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14 Beds
7 Baths
5,376 SqFt
Exclusive Listing
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1216 VIRGINIA DR Orlando, FL 32803

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,376 sqft

Price per Sqft $316

Subdivision Mt Vernon Heights Add 01

MLS Listing ID S5135466

Bedrooms 14

Construction Status Completed

HOA Y/N No

Year Built 1955

Annual Tax Amount $27,661

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

Welcome to 1216 Virginia Dr, a prime cash-flowing investment opportunity located in the heart of Downtown Orlando! This 8-unit multifamily property offers unbeatable location appeal, just minutes from top restaurants, shopping, and entertainment in one of Orlando's most vibrant and walkable neighborhoods.
The building is remodeled, offering a strong mix of updated interiors and long-term upside. 6 out of 8 units feature in-unit laundry, a highly desirable amenity that commands higher rents and reduces turnover. The property has been well maintained, with significant updates already completed—ideal for investors looking for immediate returns with minimal effort.
With strong rental history and solid in-place income, this is your chance to own a turn-key asset in one of Central Florida's most sought-after urban cores.
Don't miss out on this rare opportunity in the Downtown Orlando market

Location

State FL

County Orange

Community Mt Vernon Heights Add 01

Area 32803 - Orlando/Colonial Town

Zoning R-3A/T/SP

Interior

Interior Features Other

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Appliance Range, Refrigerator

Laundry None

Exterior

Exterior Feature Lighting

Utilities Available Cable Available

Roof Type Other

Garage false

Private Pool No

Building

Foundation Other

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Other

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None


Stellar MLS

Learn More About LPT Realty

Carmen Segarra

Carmen Segarra

Agent

+1(407) 319-5715

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1216 VIRGINIA DR