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2222 W SOUTH STREET
Orlando, FL 32805
$4,500,000
Sunset apartments is a 37-unit multifamily investment opportunity in Downtown Orlando consisting of 36 one-bedroom units and 1 two-bedroom unit. The property sits on 6.33 acres, offering potential for future development or expansion. Over the past two years, the property has undergone approximately $300,000 in renovations. Multiple units overlook Sunset Lake, providing attractive water views. Units are separately metered for water and electric and currently operates with below-market rents, presenting investors with a clear value-add opportunity through future rent growth.
Strategically located in the urban core, the property offers convenient access to major transportation corridors including John Young Parkway, SR-408, Florida’s Turnpike, and I-4. The property is within a mile of Camping World Stadium and just minutes from the Kia Center and Inter&Co Stadium, home of the Orlando Magic and Orlando City SC, supporting strong rental demand driven by nearby employment, entertainment, and continued growth in Downtown Orlando.
Listing Courtesy of: FLORIDA REALTY INVESTMENTS
407-207-2220
| Listing Id: | TB8485557 |
|---|---|
| List Price: | $4,500,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Multi-Family 5+ |
| Status: | Active |
| Bedrooms Total: | 38 |
| Bathrooms Full: | 37 |
| Living Area: | 19,392 |
| Tax Annual Amount: | $23,125 |
| Lot Size Square Feet: | 275,734 |
| Lot Size Acres: | 6.33 |
| Waterfront?: | Yes |
| City: | Orlando |
| County Or Parish: | Orange |
| Subdivision Name: | Westfield Sub |
| Postal Code: | 32805 |
| Year Built: | 1960 |
| Number Of Units Total: | 37 |
| Additional Parcels?: | Yes |
| Bathrooms Total Integer: | 37 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Block |
| Cooling: | Wall/Window Unit(s) |
| Directions: | Downtown Orlando. |
| Exterior Features: | Courtyard |
| Gross Income: | $374,220 |
| Heating: | Ductless |
| Interior Features: | Other |
| Laundry Features: | None |
| Lease Term: | Twelve Months |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 6.33 |
| Postal Code Plus4: | 3301 |
| MLS Area Major: | 32805 - Orlando/Washington Shores |
| MLS Area Major: | 32805 - Orlando/Washington Shores |
| Original List Price: | $4,500,000 |
| Parcel Number: | 28-22-29-9200-10-010 |
| Township: | 22 |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2024 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Additional Parcels Description: | 28-22-29-9200-07-010 |
| Tenant Pays: | Electricity, Sewer, Water |
| Financial Data Source: | Owner |
| Utilities: | Electricity Connected, Sewer Connected, Water Connected |
| Water Source: | Public |
| Number Of Lots: | 2 |
| Public Survey Range: | 29 |
| Public Survey Section: | 28 |
| Zoning: | R-1A |
| Waterfront Features: | Lake Front |
| Alternate Key Folio Num: | 292228920010010 |
| Annual Expenses: | 91780 |
| Annual Net Income: | 282400.00 |
| Calculated List Price By Calcula: | 232.05 |
| Cddyn: | No |
| Flood Zone Code: | X |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 1801.57 |
| Lot Size Square Meters: | 25617 |
| Realtor Info: | As-Is, See Attachments |
| Sdeo yn: | No |
| Total Acreage: | 5 to less than 10 |
| Total Num Buildings: | 7 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access: | Lake |
| Water Access Yn: | Yes |
| Water Extras Yn: | No |
| Water Frontage Feet Lake: | 355 |
| Waterfront Feet Total: | 355 |
| Water View: | Yes |
| Association 2 Yn: | 0 |
| Attribution Contact: | 407-207-2220 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-03-11 |
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Property Last Updated: October 21, 2026 06:43 AM - ET
