Under contract-accepting backup offers. 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
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
Property Details
Price:
$1,700,000
MLS #:
S5135466
Status:
Pending
Beds:
14
Baths:
7
Type:
Multi Family
Subdivision:
MT VERNON HEIGHTS ADD 01
Neighborhood:
32803orlandocolonialtown
Listed Date:
Sep 26, 2025
Finished Sq Ft:
5,376
Lot Size:
12,333 sqft / 0.28 acres (approx)
Year Built:
1955
Units:
8
See this Listing
Schools
Interior
Appliances
Range, Refrigerator
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central
Laundry Features
None
Exterior
Construction Materials
Block, Other
Exterior Features
Lighting
Roof
Other
Financial
Tax Year
2025
Taxes
$27,661
Map
Community
- Address1216 VIRGINIA DRIVE ORLANDO FL
- SubdivisionMT VERNON HEIGHTS ADD 01
- CityORLANDO
- CountyOrange
- Zip Code32803
Market Summary
Current real estate data for Multi Family in ORLANDO as of Oct 24, 2025
52
Multi Family Listed
113
Avg DOM
369
Avg $ / SqFt
$952,065
Avg List Price
Property Summary
- Located in the MT VERNON HEIGHTS ADD 01 subdivision, 1216 VIRGINIA DRIVE ORLANDO FL is a Multi Family for sale in ORLANDO, FL, 32803. It is listed for $1,700,000 To schedule a showing of MLS#s5135466 at 1216 VIRGINIA DRIVE in ORLANDO, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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Courtesy of LPT REALTY, LLC. 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. 1216 VIRGINIA DRIVE
ORLANDO, FL