ORLANDO, FL 32803 1216 VIRGINIA DRIVE
$1,700,000
Pending
6 more
Presented By: LPT REALTY, LLC with 877-366-2213. - 877-366-2213
Beds • 14
Baths • 7
SQFT • 5,376
Home Details
Under contract-accepting backup offers. Welcome to 1216 Virginia Dr, a prime cash-flowing investment opportunity located in the heart of Downtown Orlando! This 8-unit multifamily property offers unbeatable location appeal, just minutes from top restaurants, shopping, and entertainment in one of Orlando’s most vibrant and walkable neighborhoods.
The building is remodeled, offering a strong mix of updated interiors and long-term upside. 6 out of 8 units feature in-unit laundry, a highly desirable amenity that commands higher rents and reduces turnover. The property has been well maintained, with significant updates already completed—ideal for investors looking for immediate returns with minimal effort.
With strong rental history and solid in-place income, this is your chance to own a turn-key asset in one of Central Florida’s most sought-after urban cores.
Don't miss out on this rare opportunity in the Downtown Orlando market
Presented By: LPT REALTY, LLC with 877-366-2213. - 877-366-2213
Interior Features for 1216 VIRGINIA DRIVE
Bedrooms
Total Bedrooms14
Bathrooms
Total Baths7
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesother
Laundry Featuresnone
General for 1216 VIRGINIA DRIVE
Additional Parcels Y/NNo
Appliancesrange, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Cityorlando
Construction Materialsblock, other
Coolingcentral air, wall/window unit(s)
Countyorange
Directionstake i-4 eastbound. take exit 85 princeton st and make left. go right on mills ave and then turn left to virginia dr. 1216 virginia dr will be on the right.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income142620
HOANo
Heatingcentral
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Description1st addition mt vernon heights e/88 lot1 (less s 2 ft & n 15 ft) blk c
Listing Termscash, conventional, other
Living Area Unitssquare feet
Lot Size Square Feet12333
Lot Size Unitssquare feet
MLS Area32803 - orlando/colonial town
ModificationTimestamp2025-10-02t14:46:53.300z
New ConstructionNo
Number Of Units Total8
Ownershipfee simple
Property Conditioncompleted
Property Subtypemulti family
Property Typeresidential income
Roofother
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namemt vernon heights add 01
Tax Annual Amount27661
Tax Lot1
Tax Year2025
Tenant Payssewer
Utilitiescable available
Water Access Y/NNo
Water View Y/NNo
Year Built1955
Zoningr-3a/t/sp
Exterior for 1216 VIRGINIA DRIVE
Exterior Amenitieslighting
Foundation Detailsother
Lot Size Acres0.28
Lot Size Area12333
Number of Buildings1
Private PoolNo
Road Surface Typeother
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Steven Silcock
Broker Owner