About 1312 West Kaley Avenue
We are pleased to present Kaley Square, a mixture of 32 commercial/residential units on 12 lots totaling 4.27 acres. The prospective income upon increasing rents is estimated at $500,000 and the seller will consider seller financing. The property has been over 90% occupied for decades and has long term tenants spanning back to the 90's. This investment offers a prospective 10%+ cap with the opportunity to redevelop the site and own nearly an entire city block. Communication with the county shed light on the option to change the zoning and FLU to Neighborhood Commercial and increase value in the site for future redevelopment. This property is truly one of a kind.
Features of 1312 West Kaley Avenue
| MLS® # | O6156678 |
|---|---|
| Price | $4,000,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,406 |
| Acres | 0.16 |
| Year Built | 1945 |
| Type | Residential |
| Sub-Type | Single Family Homes |
| Status | Sold |
Community Information
| Address | 1312 West Kaley Avenue |
|---|---|
| Area | Orlando/Washington Shores |
| Subdivision | CLEAR LAKE VIEWS |
| City | ORLANDO |
| County | Orange |
| State | FL |
| Zip Code | 32805 |
Amenities
| Parking | Driveway, On Street |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ninguno |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Other |
|---|---|
| Roof | Shingle |
| Foundation | Block, Slab |
School Information
| Elementary | Catalina Elem |
|---|---|
| Middle | Memorial Middle |
| High | Jones High |
Additional Information
| Date Listed | November 10th, 2023 |
|---|---|
| Days on Market | 103 |
| Zoning | C-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |