Commercial property in Orlando, Florida 314.38 sq.m. № 1403251

Commercial property in Orlando, Florida 314.38 sq.m. № 1403251
ID1403251 $ 650 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Discover the perfect investment in the heart of Downtown Orlando’s New Opportunity Zone! This prime multifamily unit is just blocks away from the impressive Amway Arena and Exploria Soccer Stadium, surrounded by vibrant developments in the Creative Village area. The Apartments at McFall feature six spacious units in a solid concrete block structure, built in 1952 and thoughtfully updated in 2013, with one unit refreshed as recently as 2019. Currently, all tenants are on a month-to-month lease, providing new ownership the flexibility to make updates or changes as desired. With a strong history of high occupancy rates, this multifamily property is always in demand due to its unbeatable location. Don't miss out on the opportunity to invest in a growing area with immense potential!
MLS #: O6247008
Orlando - Statistics
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ParametersOrlando
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 885.55
Apartment (1 bedroom) Outside of Centre$ 1 717.05
Apartment (3 bedrooms) in City Centre$ 3 201.54
Apartment (3 bedrooms) Outside of Centre$ 2 618.26
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 3 210.52
Price per Square Meter to Buy Apartment Outside of Centre$ 2 353.83
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ParametersOrlando
Crime Index49.47
Cost of Living and Rent Index57.99
Purchasing Power Index147.25
Property Price to Income Ratio3.00
Safety Index50.53
Traffic CO₂ Index9558.27
Traffic Inefficiency Index213.79
Rent Index44.91
Health Care Index60.90
Groceries Index79.89
Pollution Index34.90
Traffic Commute Time Index36.34
Restaurant Price Index76.53
Climate Index87.23
Cost of Living Index68.79
Quality of Life Index186.28
Traffic Index176.53
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ParametersOrlando
Restaurants
Meal, Inexpensive Restaurant$ 25.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 85.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 10.25
Domestic Beer (0.5 liter draught)$ 6.00
Imported Beer (0.33 liter bottle)$ 7.00
Coke/Pepsi (0.33 liter bottle)$ 2.80
Water (0.33 liter bottle) $ 2.44
Cappuccino (regular)$ 4.93
Markets
Milk (regular), (1 liter)$ 1.20
Loaf of Fresh White Bread (500g)$ 3.84
Eggs (regular) (12)$ 4.42
Local Cheese (1kg)$ 12.41
Water (1.5 liter bottle)$ 2.10
Bottle of Wine (Mid-Range)$ 15.00
Domestic Beer (0.5 liter bottle)$ 2.04
Imported Beer (0.33 liter bottle)$ 3.39
Cigarettes 20 Pack (Marlboro)$ 9.00
Apples (1kg)$ 5.94
Chicken Fillets (1kg)$ 11.90
Oranges (1kg)$ 6.38
Potato (1kg)$ 3.33
Lettuce (1 head)$ 2.37
Rice (white), (1kg)$ 4.87
Tomato (1kg)$ 3.92
Banana (1kg)$ 2.02
Onion (1kg)$ 3.51
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 16.33
Transportation
One-way Ticket (Local Transport)$ 2.00
Monthly Pass (Regular Price)$ 50.00
Gasoline (1 liter)$ 0.91
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 31 406.50
Taxi Start (Normal Tariff)$ 2.90
Taxi 1km (Normal Tariff)$ 1.90
Taxi 1hour Waiting (Normal Tariff)$ 35.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 25 419.35
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 197.13
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 77.03
$ 65.74
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 634.14
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.62
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 40.25
Tennis Court Rent (1 Hour on Weekend)$ 6.13
Cinema, International Release, 1 Seat$ 15.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 48.17
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 36.75
1 Pair of Nike Running Shoes (Mid-Range)$ 83.56
1 Pair of Men Leather Business Shoes$ 108.25
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 1 175.00
International Primary School, Yearly for 1 Child$ 6 833.33
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityOrlando
Address412 MCFALL AVENUE
TypeCommercial property
Living space314.38 m²
  • sq. ft
Completion dateIV quarter, 1952
Price
  • Price
  • per m²
$ 650 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £