845 N Magnolia Avenue

    Orlando, FL 32803
    • $1,100,000
    • STATUS: Active
    • ON SITE: 132 days
    • MLS #: S5011658
    UPDATED: 60 min ago
    $1,100,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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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    © 2019 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-05-20T22:40:47.923.
    www.theduncanduo.com/homes/90648844

    845 N Magnolia Avenue Orlando, FL 32803

    • Price: $1,100,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: S5011658
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    Neighborhood:
    Magnolia Park
    County:
    Orange
    Area:
    Orlando/Colonial Town
    Property Description
    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.
    Exterior Features

    Front Footage 75 Lot Features Buildable Lot Size Dimensions 120X75 Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Sewer NonePublic Sewer Water Source None

    Property Features

    Additional Parcels Yn No Association Fee Requirement None Association Yn No Disclosures None Flood Zone Code X For Lease Yn No Listing Terms CashConventionalPrivate Financing Available Property Sub Type Commercial Realtor Info List Agent is Related To OwnerSignSold As-Is Special Listing Conditions None Tax Annual Amount 8647 Tax Year 2018 Utilities Other Zoning Ac-3A/T


    Listing information © 2019 Florida Regional MLS.
    Listing provided courtesy of Remax Premier Properties.



    © 2019 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-05-20T22:40:47.923.
     
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