502 Washington StOrlando, FL 32801

  • Land
  • 0.27 AC
For Sale
$1,650,000 View listing

Property Details for 502 Washington St

Lot size
0.27 AC
Zone code
PD/T/PH
Property type
Land
Property subtype
Commercial land
APN
26-22-29-3804-01-140
APU
262229380401140

Description

This exceptional 0.47-acre mixed-use development site, located in the heart of Orlando, Florida, presents a unique investment opportunity. The property, encompassing two parcels (APN 26-22-29-3804-01-140, 26-22-29-5588-04-012, and 26-22-29-5588-04-011), is situated at 502 & 448 W. Washington Street, in Orange County, zip code 32801. Its strategic location offers unparalleled access to key city amenities. Directly across from the Orlando Federal Courthouse, the site enjoys proximity to popular venues such as the Amway Center and Orlando City Soccer Stadium, and is also minutes away from Creative Village. The permitted zoning (PD/T/PH) allows for a diverse range of development options, including residential, office, and commercial uses, providing flexibility for a variety of project visions. The asking price for this prime development land is $1,650,000. This presents a rare chance to acquire a highly desirable parcel in a rapidly growing urban core, poised for significant future appreciation. The property's central location and versatile zoning make it an ideal investment for developers seeking to capitalize on Orlando's thriving real estate market. Don't miss this opportunity to secure a piece of Orlando's vibrant future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,301,571
    Hospitality
    $3,024,221
    Educational
    $2,516,116
    Medical
    $2,602,650
    Retail
    $3,913,959
502 Washington St, Orlando, Florida

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5437
Longitude
-81.3851
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,864
$199,461
-
$199,461
-
$199,461
-
$199,461

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