319 N Magnolia Ave & 320 Palmetto Ave

319 N Magnolia Ave & 320 Palmetto Ave, Orlando, FL 32801

  • For Sale $9,950,000
  • Property Type VacantLand
  • Property Size 3,050 SF
  • Units 1
  • Lot Size 0.58 Acre
  • Additional Rent Contact for pricing
  • Year Built 1978
  • Date Updated Sep 13, 2024
Prime Urban Location: Situated just minutes away from Downtown Orlando, the property benefits from its proximity to the city’s Central Business District, where a thriving mix of corporate offices, co-working spaces, and entrepreneurial hubs creates a dynamic environment for professionals and businesses alike. This prime location provides future residents with immediate access to Orlando’s bustling downtown area, filled with a diverse array of dining, shopping, and entertainment options. Iconic Lake Eola Nearby: The property is just a short walk from Lake Eola Park, one of Orlando’s most beloved landmarks. Known for its stunning views, swan boat rides, and walking paths, Lake Eola is the cultural and recreational heartbeat of the city. The park hosts various events, concerts, farmers’ markets, and festivals throughout the year, offering a lively and engaging lifestyle for future residents. Unmatched Walkability and Connectivity: The neighborhood’s excellent walkability score is enhanced by its closeness to essential services, parks, boutique shops, high-end restaurants, and vibrant nightlife. With major roadways, such as I-4 and SR 408, in close proximity, and access to public transportation options including SunRail and LYNX buses, the location provides seamless connectivity to the greater Orlando area and beyond. Emerging Urban Hub: The area surrounding the property is undergoing substantial growth and revitalization, characterized by a surge of new developments, including luxury residential high-rises, boutique hotels, and innovative commercial spaces. This growth continues to attract young professionals, families, and retirees, adding to the area’s diversity and vibrancy. Close to Key Attractions and Amenities: The assemblage is also strategically located near key cultural institutions, such as the Dr. Phillips Center for the Performing Arts, Amway Center, and the Orlando Science Center. Residents will have easy access to a rich array of cultural, educational, and recreational amenities, providing a well-rounded urban living experience.Rare opportunity to acquire a highly sought-after assemblage of 0.581 acres in the heart of Orlando’s dynamic urban core. Located just a short distance from Downtown Orlando and the scenic Lake Eola, this site is primed for a high-density development. Approval in place for 26 story (±260 ft. tall) mixed-use tower to include 232 multifamily units, ±6,000 SF of ground floor retail, ±15,875 SF of office, and 280 parking spaces in an integrated parking garage. The property offers an unparalleled investment opportunity in a thriving market with robust demand for urban living.

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Highlights

  • Location: Prime position near Downtown Orlando, within walking distance to Lake Eola Park, major employers, shopping, dining, and entertainment venues.
  • Size: 0.581 acres (approx. 25,310 square feet)
  • Zoning: Approval in place for 26 story mixed-use tower with 232 multifamily units, ±6,000 SF retail, ±15,875 SF office, and 280 parking space garage.
  • Accessibility: Excellent access to major roadways and public transportation, offering seamless connectivity to surrounding areas.
  • Surrounding Area: Surrounded by a mix of residential, commercial, and retail developments, creating a vibrant urban neighborhood atmosphere.

Contacts

broker

Matt Hall

Boutique National

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise
  • Transit Score ®

    74/100 Excellent Transit
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Orlando, FL
  • Neighborhood Downtown Orlando
  • Zip Code 32801
  • Market Orlando

Points of Interest

  • Lynx Central Station

    0.26 miles

  • AdventHealth

    1.85 miles

  • Orlando Transportation Specialists

    5.33 miles

  • Maitland

    6.17 miles

  • King's Cross Station

    7.30 miles

  • King's Cross Station

    7.31 miles

  • City Walk

    7.38 miles

  • Hogsmeade Station

    7.68 miles

  • Universal's Endless Summer Resort – Surfside Inn and Suites

    7.95 miles

  • Universal’s Endless Summer Resort – Dockside Inn & Suites

    7.98 miles

  • 7-Eleven

    0.48 miles

  • Chevron

    1.05 miles

  • Chevron

    1.08 miles

  • 7-Eleven

    1.15 miles

  • Citgo

    1.43 miles

  • Sunoco

    1.58 miles

  • 7-Eleven

    1.77 miles

  • Chevron

    1.85 miles

  • Mobil

    1.91 miles

  • Citgo

    2.01 miles

  • Orange County Courthouse Garage

    0.19 miles

  • Jefferson Street Garage

    0.26 miles

  • Washington Street Garage

    0.29 miles

  • Library Garage

    0.33 miles

  • Central Boulevard Garage

    0.34 miles

  • Bob Carr Parking

    0.39 miles

  • Magnolia Place Garage

    0.41 miles

  • Garland Ave Lot

    0.41 miles

  • 55 West Garage

    0.42 miles

  • CentroPlex Garage II

    0.42 miles

  • Home2 Suites by Hilton Orlando Downtown;Hilton Garden Inn Orlando Downtown

    0.10 miles

  • Embassy Suites by Hilton Orlando Downtown

    0.35 miles

  • Marriott Orlando Downtown

    0.43 miles

  • Residence Inn by Marriott Orlando Downtown

    0.46 miles

  • Eo Inn

    0.48 miles

  • Courtyard by Marriott Orlando Downtown

    0.54 miles

  • Grand Bohemian Hotel Orlando, Autograph Collection

    0.54 miles

  • Crowne Plaza Orlando Downtown

    0.56 miles

  • AC Hotel by Marriott Orlando Downtown

    0.57 miles

  • Aloft Orlando Downtown

    0.70 miles

  • The Neighborhood Eatery

    0.08 miles

  • Philly Style Hoagies

    0.09 miles

  • Empire Szechuan

    0.10 miles

  • Fratelli's Taste of Italy Restaurant

    0.11 miles

  • City Diner

    0.12 miles

  • Gringos Locos

    0.23 miles

  • Fat Daddy's Grill

    0.24 miles

  • Subway

    0.27 miles

  • The Harp Restaurant

    0.33 miles

  • The Pita Pit

    0.33 miles

  • Lake Eola Charter School

    0.15 miles

  • Da Vinci Charter High School

    0.15 miles

  • Trinity Evangelical Lutheran School

    0.16 miles

  • Saint James School

    0.39 miles

  • Florida A&M University College of Law

    0.39 miles

  • The Chicone Building

    0.43 miles

  • Orange Technical College

    0.47 miles

  • Howard Middle School

    0.61 miles

  • Hillcrest Elementary School

    0.75 miles

  • OCPS Academic Center for Excellence

    0.87 miles

  • Kid-E-Place

    2.26 miles

  • College Park Kiddie Kampus

    2.29 miles

  • Kids Time Kiddie Care

    2.37 miles

  • All Gods Angels Preschool & Childcare

    3.30 miles

  • Heavenly Family Home Daycare

    4.83 miles

  • Columbus Center Child Care

    5.74 miles

  • Smarty Pants Early Learning Center

    5.80 miles

  • Kids Ark Development Center

    8.06 miles

  • Happy Faces Prep School 2

    8.28 miles

Frequently Asked Questions

How much does 319 N Magnolia Ave & 320 Palmetto Ave cost?

The space currently listed for sale at 319 N Magnolia Ave & 320 Palmetto Ave asks for $9,950,000.

What is the total square footage of 319 N Magnolia Ave & 320 Palmetto Ave?

319 N Magnolia Ave & 320 Palmetto Ave totals 3,050 square feet.

When was this property built?

319 N Magnolia Ave & 320 Palmetto Ave was built in 1978.

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Contact Listing Broker

broker

Matt Hall

Boutique National