About 516 Daniels Avenue
Don't miss this rare opportunity to own an income-producing multi-family property in the heart of Downtown Orlando. Located at 516 Daniels Ave, this property features multiple rental units generating steady cash flow, with strong tenant demand in this high-growth area. Currently tenanted and will cash flow from day one, this property comes furnished and fully equipped to start earning ROI. Sitting on an oversized lot, the property also offers a large backyard with ample space for expansion or the addition of an accessory dwelling unit (ADU), garage apartment, or additional rental structure (subject to city approval). This is a perfect value-add opportunity for investors looking to increase ROI. Property is conveniently located just minutes from Lake Eola, Thornton Park, dining, shopping, public transportation, and all that Downtown Orlando has to enjoy. Zoned for multi-family use and positioned in a rapidly developing area, this property combines immediate income with long-term development potential.
Features of 516 Daniels Avenue
| MLS® # | O6339300 |
|---|---|
| Price | $788,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Square Footage | 1,799 |
| Acres | 0.17 |
| Year Built | 1933 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | OLDE TOWN BROKERS INC |
|---|
Listing Map
Neighborhood Information for 516 Daniels Avenue
Very Rapid Population Growth, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Cherokee Public - Kindergarten to 5Th Grade |
0 Miles | |
|
|
Jmj Academy Catholic - to |
1 Miles | |
|
|
Veritas Academy Of Central Florida Private - Kindergarten to 12Th Grade - Closest Elementry School |
1 Miles | |
|
|
The Christ School Private - Kindergarten to 8Th Grade - Closest Middle School |
1 Miles | |
|
Howard Middle School Public - 6Th Grade to 8Th Grade |
1 Miles | |
|
|
St James Cathedral School Catholic - Preschool to 8Th Grade |
1 Miles | |
|
Workforce Advantage Academy Charter Public - 11Th Grade to 12Th Grade |
1 Miles |
School data provided by GreatSchools