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1200 PALMER STREET

Multi-family For Sale
$1,250,000

BTC: 14.39263097

ETH: 625.00000000

New
0 room(s)
3,247 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Well-maintained 6-unit multifamily property located in the highly desirable Lake Davis-Greenwood neighborhood of Downtown Orlando. Situated on a beautiful corner lot with a large on-site parking area, this property offers a rare combination of neighborhood charm and urban convenience. The property benefits from strong historical leasing activity, excellent long-term tenants, and consistent demand driven by its prime location near Downtown Orlando, Thornton Park, Lake Eola, dining, entertainment, and major employment centers. Zoned for Lake Como School (PK-8) and Boone High School, both well-regarded schools that further support long-term rental stability and tenant appeal. The Lake Davis-Greenwood area is known for its tree-lined streets, proximity to Lake Davis, and established residential character. Clear upside through natural rent growth in such a demanding location. Operating expenses are efficient, and the property has been well cared for with no deferred maintenance. Ideal for investors seeking a turn-key asset in one of Downtown Orlando’s most sought-after residential neighborhoods. Rare opportunity with on-site parking, strong location fundamentals, and long-term income potential.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1984
Lot:
0.30 Acres
Heating:
Central
Price/sqft:
$385
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Open Floorplan

  • Property

    • Exterior Features: Lighting

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 362229686000014

    • Zoning: R-2B/T/AN

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Water Connected

  • Other financial information

    • Annual tax amount: $12,847

  • Source details

    • MLS ID: O6368205

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Inside

    • Living Area: 3247

    • Water Source: Public

    • Subdivision Name: I W PHILLIPS SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: OLDE TOWN BROKERS INC