MLS® ID: S5011658

845 N MAGNOLIA AVENUE

ORLANDO, Florida, 32803

$1,100,000 Active
  • - SQFT
M15 is a 4 story 15 unit multi-family residential project located at 845 N. Magnolia Ave at the corner of Magnolia Ave and Marks St. The project is intended to be a For Rent Apartment project however a For Sale Condo project is still a possibility. The project has six 2 bedrooms and nine 1 bedrooms along with 6 garage spaces and 6 surface spaces (12 spaces total). The project by code requires 15 spaces and therefore a parking deficiency (3 spaces) exists. This deficiency is being resolved by establishing a lease agreement for offsite parking at an adjacent property. The offsite parking lease shall run at least 5 years in duration per City of Orlando. The parking is screened and secured for residents by a masonry wall and gate with public access to the building and the lobby entry on Marks St. Resident Amenities include a Level 1 Club room which also includes a Property Management space. In addition on Level 4 there is a sky deck with unobstructed views to downtown Orlando. Trash and Transformer and Back-Flow Preventer are all screened. All mechanical units for air conditioning shall be located on the roof which is accessed by the stair near Magnolia St. With close proximity to downtown, the 19 story Wells Fargo Office Building, restaurants, coffee shops and other amenities it presents a great opportunity for a resident to leave their car behind and elect to walk or bike to work and social activities.
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Listing courtesy of REMAX PREMIER PROPERTIES

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    32803
  • Office name
    REMAX PREMIER PROPERTIES
  • Subdivision
    MAGNOLIA PARK
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Land
  • Zoning type
    AC-3A/T
  • Year built
    0
  • Lot size
    0.21
  • Waterfront
    No
  • Tax year
    2017
  • Agent name
    Diamela Atencio V.
  • Tax amount
    $ 7940.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Area
    32803 - Orlando/Colonial Town
  • Office ID
    272504038
  • Agent ID
    272506800

Location

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