319 N Magnolia Ave - Magnolia Mixed-Use Tower Development
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319 N Magnolia Ave - Magnolia Mixed-Use Tower Development
0.58 Acres of Commercial Land Offered at $9,950,000 in Orlando, FL 32801
Investment Highlights
- Location: Prime position near Downtown Orlando, within walking distance to Lake Eola Park, major employers, shopping, dining, and entertainment venues
- Zoning: Approval in place for 26 story mixed-use tower with 232 multifamily units, ±6,000 SF retail, ±15,875 SF office, and 280 parking space garage.
- Surrounding Area: Surrounded by a mix of residential, commercial, and retail developments, creating a vibrant urban neighborhood atmosphere.
- Size: 0.581 acres (approx. 25,310 square feet)
- Accessibility: Excellent access to major roadways and public transportation, offering seamless connectivity to surrounding areas.
Executive Summary
Rare opportunity to acquire a highly sought-after assemblage of 0.581 acres in the heart of Orlando’s dynamic urban core. Located just a short distance from Downtown Orlando and the scenic Lake Eola, this site is primed for a high-density development. Approval in place for 26 story (±260 ft. tall) mixed-use tower to include 232 multifamily units, ±6,000 SF of ground floor retail, ±15,875 SF of office, and 280 parking spaces in an integrated parking garage. The property offers an unparalleled investment opportunity in a thriving market with robust demand for urban living.
Property Facts
| Price | $9,950,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.58 AC |
| Price | $9,950,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.58 AC |
1 Lot Available
Lot
| Price | $9,950,000 | Lot Size | 0.58 AC |
| Price Per AC | $17,155,172 |
| Price | $9,950,000 |
| Price Per AC | $17,155,172 |
| Lot Size | 0.58 AC |
0.581 acres in the heart of Orlando’s dynamic urban core.
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 29-2226-8596-00-112 | Improvements Assessment | $223,137 |
| Land Assessment | $1,931,911 | Total Assessment | $2,155,048 |
PROPERTY TAXES
Parcel Number
29-2226-8596-00-112
Land Assessment
$1,931,911
Improvements Assessment
$223,137
Total Assessment
$2,155,048
zoning
| Zoning Code | AC-3A/T |
| AC-3A/T |
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319 N Magnolia Ave - Magnolia Mixed-Use Tower Development
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