Commercial property in Orlando, Florida 334.45 sq.m. № 1429128
ID1429128
$ 799 999
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
PROFORMA INCOME IS ROUGHLY 6800 PER MONTH Outstanding opportunity to acquire a 5 unit Multifamily in one of Orlando's most dynamic neighborhoods. Just minutes from downtown, this property provides easy access to world-class entertainment, dining, nightlife, employers and transportation. Ideally situated less than 10 minutes from Universal Studios and 30 minutes from Walt Disney World, this asset is surrounded by major demand drivers. The property features a mix of updated units of a 3bed/1 bath and 2 bed/1bath and 3 efficiencies that are 1/1. This turnkey investment represents an excellent opportunity to do a 1031 exchange or just simply acquire an income-producing property with upside potential in one of the fastest growing metro areas in the U.S. Perfect for out-of-state investors seeking a hands-off multifamily asset . Act quickly, this won't last! Units are currently being renovated and property is being sold turnkey.MLS #: O6254704
Orlando - Statistics
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| Parameters | Orlando |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 933.00 |
| Apartment (1 bedroom) Outside of Centre | $ 1 727.58 |
| Apartment (3 bedrooms) in City Centre | $ 3 239.17 |
| 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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| Parameters | Orlando |
|---|---|
| Crime Index | 49.47 |
| Cost of Living and Rent Index | 58.30 |
| Purchasing Power Index | 145.14 |
| Property Price to Income Ratio | 3.12 |
| Safety Index | 50.53 |
| Traffic CO₂ Index | 9558.27 |
| Traffic Inefficiency Index | 213.79 |
| Rent Index | 45.80 |
| Health Care Index | 60.90 |
| Groceries Index | 79.23 |
| Pollution Index | 34.90 |
| Traffic Commute Time Index | 36.34 |
| Restaurant Price Index | 76.24 |
| Climate Index | 87.23 |
| Cost of Living Index | 68.48 |
| Quality of Life Index | 185.35 |
| Traffic Index | 176.53 |
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| Parameters | Orlando |
|---|---|
| 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) | $ 2.76 |
| Water (0.33 liter bottle) | $ 2.42 |
| Cappuccino (regular) | $ 4.98 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.15 |
| Loaf of Fresh White Bread (500g) | $ 3.64 |
| Eggs (regular) (12) | $ 4.18 |
| 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 | $ 195.19 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 77.11 |
| $ 68.74 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 458.17 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.62 |
| 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
Address1313 39TH STREET
TypeCommercial property
Living space334.45 m²
- m²
- sq. ft
Completion dateIV quarter, 1951
Price
- Price
- per m²
$ 799 999
- EUR €
- USD $
- RUB ₽
- GBP £
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