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319 N Magnolia Ave - Magnolia Mixed-Use Tower Development 0.58 Acres of Commercial Land Offered at $13,588,317 CAD in Orlando, FL 32801
Investment Highlights
- Location: Prime position near Downtown Orlando, within walking distance to Lake Eola Park, major employers, shopping, dining, and entertainment venues
- 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.
- Surrounding Area: Surrounded by a mix of residential, commercial, and retail developments, creating a vibrant urban neighborhood atmosphere.
- Size: 0.581 acres (approx. 25,310 square feet)
- Accessibility: Excellent access to major roadways and public transportation, offering seamless connectivity to surrounding areas.
Executive Summary
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.
Property Facts
1 Lot Available
Lot
| Price | $13,588,317 CAD | Lot Size | 0.58 AC |
| Price Per AC | $23,428,131.94 CAD |
| Price | $13,588,317 CAD |
| Price Per AC | $23,428,131.94 CAD |
| Lot Size | 0.58 AC |
0.581 acres in the heart of Orlando’s dynamic urban core.
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 26-2229-8596-00-112 | Improvements Assessment | $375,706 CAD |
| Land Assessment | $2,828,752 CAD | Total Assessment | $3,204,458 CAD |
Property Taxes
Parcel Number
26-2229-8596-00-112
Land Assessment
$2,828,752 CAD
Improvements Assessment
$375,706 CAD
Total Assessment
$3,204,458 CAD
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319 N Magnolia Ave - Magnolia Mixed-Use Tower Development
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