Address
621 W South Street, ORLANDO, FL
Price
$ 20,000,000
Property Attributes
  • MLS#O6402329
  • TypeIncome
  • Listing Status Active
  • CountyOrange
  • CityORLANDO
  • AreaOrlando/Washington Shores
  • NeighborhoodJAMES B PARRAMORES ADD
  • Zip32805
  • StyleQuadruplex
  • Year Built1968
  • Taxes$ 10963
  • Price$ 20,000,000
  • Bedrooms28
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage3248
  • Lot Size0.43 Acres
Data Source:
Stellar MLS
Property Description

Rare opportunity to acquire a diverse, income-producing portfolio in the rapidly evolving Parramore area of Orlando. This offering includes 32 properties totaling 103 units, featuring a strong mix of asset types: duplexes, quadplexes, a 6-plex, 8-plex, and 10-plex, along with two single-family homes. The portfolio offers immediate cash flow, with the majority of units already leased and generating consistent rental income. Unit configurations range from studios to 3-bedroom units, providing broad tenant appeal and diversified income streams. Strategically located in the heart of Orlando’s urban core, these properties are within walking distance to the Kia Center, Inter&Co Stadium, and Camping World Stadium—major entertainment and sports hubs that continue to drive strong rental demand and neighborhood growth. This portfolio positions investors to benefit from ongoing redevelopment, population growth, and long-term appreciation in the Parramore submarket. With scale, density, and strong rental demand, this is an ideal opportunity for investors seeking both stable returns and future upside potential. Whether you’re looking to expand your existing holdings or establish a significant footprint in one of Orlando’s most promising areas, this portfolio delivers on all fronts. Don’t miss this chance to secure a high-performing, large-scale investment in a prime Central Florida location.

Price History
5/8/2026 Listed $20,000,000

General Features

Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Other
Roof Cement,Shingle
Zoning R-2B/T/PH
Construction Materials Cement Siding,Concrete,Stucco
Year Built 1968
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Gross Income 1201774
Additional Parcels Description 26-22-29-6716-15-041,35-22-29-3092-03-080,34-22-29-6628-01-140,35-22-29-3092-03-091,34-22-29-9168-16-120,27-22-29-5744-05-030,27-22-29-5744-03-070,35-22-29-5348-00-152,35-22-29-1928-03-090,27-22-29-5740-00-260,27-22-29-5740-00-280,26-22-29-8424-00-320,
County Orange
New Construction false
Property Type Residential Income
Subdivision Name JAMES B PARRAMORES ADD
Garage Y/N false
Status Active
Directions This is a multi unit portfolio for 32 addresses. The direction is for 621 W South St. From I-4 get exit to South Street, head west, Property will be on your right.
City ORLANDO
Senior Community Y/N false
MLS Area 32805 - Orlando/Washington Shores
Lot Size Units Square Feet
Lot Size Square Feet 18673
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 10963
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6402329
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 3
Legal Description JAMES B PARRAMORES ADDITION C/66 LOT 3 BLK P
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Yes

Interior Features

Interior Amenities Kitchen/Family Room Combo
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 28
LivingAreaSource Public Records
Total Baths 10

Exterior Features

Exterior Amenities Fenced,Sidewalk
Water Source Public
Lot Size Area 18673
Foundation Details Slab
Number of Buildings 37
Lot Size Acres 0.43
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Number of Lots 32

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 32805

Price
AVG $5.43M
$20M
Taxes
AVG $11,049
$10,963
Year Built
AVG 1956
1968