5305 San Antonio AveOrlando, FL 32839
- Office properties
- 2,036 SF
Property Details for 5305 San Antonio Ave
- Year built
- 1984
- Lot size
- 3.82 AC
- Property size (Sq ft)
- 2,036 SF
- Zone code
- R-3
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 15-23-29-0146-00-070
- APU
- 152329014600070
Description
This exceptional 65-unit apartment building presents a compelling investment opportunity in Orlando, Florida. The property, situated on a 3.88-acre lot, boasts a total of 56,268 gross square feet within a single, two-story concrete block structure with a pitched shingle roof. Completed in 2022, the extensive renovations ensure a modern and attractive living environment for residents. All 65 units are one-bedroom, one-bathroom apartments, each featuring central air conditioning and a private porch or balcony. Tenant convenience is maximized with separately metered electricity (tenant-paid) and landlord-paid water, sewer, and trash services. Community amenities include a sparkling swimming pool, a tennis court, and on-site laundry facilities. The property's prime location offers easy access to major transportation hubs, including Orlando International Airport (20 minutes) and the Amtrak SunRail (under 10 minutes). Projected first-year income is $1,287,000. This well-maintained, income-producing asset is zoned R-3, providing flexibility for future development or operational strategies. The property's strong tenant base and desirable location make it an ideal investment for discerning buyers seeking a stable and profitable multifamily asset in a thriving market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $401,075
- 6.5%
- $370,223
- 7%
- $343,779
-
Comparable approach
- Method
- Valuation
- Relative Method
- $319,713
- Geo Method
- $319,713
-
Alternative Use
- Use
- Valuation
- Residential
- $459,077
- Hospitality
- $420,512
- Educational
- $349,861
- Medical
- $361,893
- Retail
- $544,228
Location Insight
- City
- Orlando
- County
- Orange
- State
- Florida
- Latitude
- 28.4896
- Longitude
- -81.4039
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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