For Sale
$3,800,000

54 Jersey StOrlando, FL 32806

5-Unit Multifamily Investment, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity in Orlando, Florida's thriving SoDo district. This newly constructed (2024), single-family rental portfolio comprises five luxury townhomes totaling 13,398 square feet, situated at 54 W Jersey St, Orlando, FL 32806. Each unit boasts approximately 2,100-2,300 square feet of living space, featuring 10-foot ceilings, open staircases with modern metal railings, chef's kitchens with expansive center islands and high-end appliances, and luxurious master suites with premium fixtures. The property enjoys a prime location, offering walkability to upscale shopping, dining, and fitness options, and is minutes from Orlando Health's main campus, Downtown Orlando, and Lake Eola Park. Currently generating a $153,000 Net Operating Income (NOI) with a 4.03% cap rate, and an asking price of $3,800,000 ($760,000 per unit), this portfolio presents a compelling return on investment. One unit currently rents for $3,800 per month, with newer and end units projected to command over $4,000 per month. The property is zoned AC-2/T/SP, benefits from low HOA fees, and provides convenient access to I-4. This move-in ready portfolio is ideal for discerning investors seeking immediate cash flow and strong appreciation potential in a high-demand Orlando location.

Highlights

  • New construction with luxury finishes.
  • Prime location near abundant retail amenities.
  • Low HOA fees.
  • Convenient access to I-4 and ORMC.

Property Details for 54 Jersey St

Property type
Residential income homes
Square Feet
13,398 SF
Year Built
2024
Buildings
1
Units
5

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.513848205949
Longitude
-81.377957963657
54 Jersey St, Orlando, Florida

FAQs

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54 Jersey St
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