Listed by MAVREALTY. Sold by OLDE TOWN BROKERS INC
Listed by MAVREALTY
Status: Sold
1312 W Kaley Ave
Orlando, FL 32805
Sold Price
$3,900,000
Sold on Feb 23, 2024
We are pleased to present Kaley Square, a mixture of 32 commercial/residential units on 12 lots totaling 4.27 acres. The prospective income upon increasing rents is estimated at $500,000 and the seller will consider seller financing. The property has been over 90% occupied for decades and has long term tenants spanning back to the 90's. This investment offers a prospective 10%+ cap with the opportunity to redevelop the site and own nearly an entire city block. Communication with the county shed light on the option to change the zoning and FLU to Neighborhood Commercial and increase value in the site for future redevelopment. This property is truly one of a kind.
Read more
- Bedrooms
- 4
- Baths
- 2
- House Size
- 1,406 sqft
- Year Built
- 1945
- Lot Size
- 0.16 ac
Location
Curious what your home is worth?
Get the most accurate free home valuation in minutes
Get My Free ValuationOrchard is 25% more accurate than the rest
Interior Information
- appliances
- Range
- Refrigerator
- cooling
- Wall/window Unit(s)
- flooring
- Other
Exterior Information
- features
- Other
- road surface
- Paved
- roof
- Shingle
Property Information
- construction
- Block
- foundation
- Block
- Slab
- parking
- Driveway
- On Street
- sewer
- Public Sewer
- subdivision name
- Clear Lake Views
- water source
- Public
- Listed By Robert Kirkwood, IV
- (727) 314-3942
- MAVREALTY
- (727) 314-3942
- adam@mavrealty.com
- MLS O6156678
- Sold by Patricia Sullivan
- OLDE TOWN BROKERS INC
- MLS 261090423
