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:
$594,000
MLS #:
O6337237
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ANGEBILT ADD
Neighborhood:
32805orlandowashingtonshores
Listed Date:
Sep 16, 2025
Finished Sq Ft:
1,166
Total Sq Ft:
1,193
Lot Size:
27,500 sqft / 0.63 acres (approx)
Year Built:
1945
See this Listing
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
Map
Community
- Address701 23RD STREET ORLANDO FL
- SubdivisionANGEBILT ADD
- CityORLANDO
- CountyOrange
- Zip Code32805
Market Summary
Current real estate data for Single Family in ORLANDO as of Oct 25, 2025
3,165
Single Family Listed
104
Avg DOM
286
Avg $ / SqFt
$663,398
Avg List Price
Property Summary
- Located in the ANGEBILT ADD subdivision, 701 23RD STREET ORLANDO FL is a Single Family for sale in ORLANDO, FL, 32805. It is listed for $594,000 and features 3 beds, 2 baths, and has approximately 1,166 square feet of living space, and was originally constructed in 1945. The current price per square foot is $509. The average price per square foot for Single Family listings in ORLANDO is $286. The average listing price for Single Family in ORLANDO is $663,398. To schedule a showing of MLS#o6337237 at 701 23RD STREET in ORLANDO, FL, contact your Stonecrest International Realty agent at 561-707-9933.
Similar Listings Nearby
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 Stonecrest International Realty include the name of the listing broker. Neither the listing company nor Stonecrest International Realty 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