319 N Magnolia Ave & 320 Palmetto Ave

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Address: 319 N Magnolia Ave, Orlando, FL 32801, USA
Created date: September 13, 2024
Date last updated: September 19, 2024
  • Location: Prime position near Downtown Orlando, within walking distance to Lake Eola Park, major employers, shopping, dining, and entertainment venues.
  • Size: 0.581 acres (approx. 25,310 square feet)
  • Zoning: Approval in place for 26 story mixed-use tower with 232 multifamily units, ±6,000 SF retail, ±15,875 SF office, and 280 parking space garage.
  • Accessibility: Excellent access to major roadways and public transportation, offering seamless connectivity to surrounding areas.
  • Surrounding Area: Surrounded by a mix of residential, commercial, and retail developments, creating a vibrant urban neighborhood atmosphere.

Property Description

Rare opportunity to acquire a highly sought-after assemblage of 0.581 acres in the heart of Orlando’s dynamic urban core. Located just a short distance from Downtown Orlando and the scenic Lake Eola, this site is primed for a high-density development. Approval in place for 26 story (±260 ft. tall) mixed-use tower to include 232 multifamily units, ±6,000 SF of ground floor retail, ±15,875 SF of office, and 280 parking spaces in an integrated parking garage. The property offers an unparalleled investment opportunity in a thriving market with robust demand for urban living.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $9,950,000
No. of Units: 1
Year Built: 1978
Lot Size: 0.58 Sq ft
Opportunity Zone: No
Price per unit: $9,950,000
Property Website Click Here
Address: 319 N Magnolia Ave & 320 Palmetto Ave, Orlando, FL 32801, USA
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