300 Eola DrOrlando, FL 32801

Property Details for 300 Eola Dr

Year built

1933

Lot size

0.14 AC

Property size (Sq ft)

1,973 SF

Zone code

MXD-2/T/AN

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

25-22-29-9320-06-010

APU

252229932006010

Description

This exceptional retail property, located at 300 S Eola Dr in Orlando, Florida (APN 25-2229-9320-06-010), presents a unique investment opportunity. Currently operating as a convenience store, the 1,973 square foot building sits on a 987 square foot lot and boasts a prime corner location in the vibrant South Eola historic district, just east of downtown and south of Lake Eola. Surrounded by high- and mid-rise condominiums, this two-story building (built in 1980) ensures high visibility and foot traffic. The MXD-2T/AN zoning permits a variety of uses, making it ideal for retail, dining, or professional services. The property's strategic location offers easy access to Lake Eola and the bustling downtown business district, combining historic charm with urban convenience. The asking price is $1,800,000, with an occupancy date of October 11, 2024. Note that the current business operation is not included in the sale, but a Conditional Use Permit (CUP) for a walk-up window is transferable to the new owner. This second-generation space has been completely renovated, offering numerous business opportunities or redevelopment potential. This is a rare chance to acquire a highly desirable property in a thriving Orlando neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $595,413

  6.5%

  $549,612

  7%

  $510,354

• Comparable approach

  Method

  Valuation

  Relative Method

  $480,221

  Geo Method

  $480,221

• Alternative Use

  Use

  Valuation

  Residential

  $549,612

  Hospitality

  $503,441

  Educational

  $418,857

  Medical

  $433,263

  Retail

  $651,556

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.539

Longitude

-81.37

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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