$4,500,000
2222 South Street
Orlando, FL 32805
Listing updated: April 1, 2026 at 2:56 PM ET
Listing courtesy of Florida Realty Investments · Tito Urbano Perez · MLS #TB8485557 · Active · 407-207-2220Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Local Insight
At $232/sqft for a 1960s waterfront asset on 6.33 acres with 38 units, you're getting land value and development potential that a typical stabilized multifamily wouldn't offer, though the per-unit economics ($118k/unit) suggest this is priced more as a redevelopment or value-add play than a turnkey income property. The Orlando waterfront location and acreage are genuinely rare for the market, but you'll want to dig into what those 38 units actually generate in rent and occupancy—older waterfront properties in this area can carry deferred maintenance costs that offset the land premium. No HOA and X flood zone are positives, but verify what water access really means for operations and whether the unit mix (roughly equal beds and baths) reflects revenue-generating efficiency or conversion potential.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history21 days on market
- Status: ActiveMar 11, 2026
- Listed$4,500,000Mar 11, 2026
- Price increased$4,500,000
Facts & features
- Property type
- Residential Income
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 21
- Subdivision
- Westfield Sub
- County
- Orange
- Year built
- 1960
- Living area
- 19,392 sq ft
- Price/sq ft
- $232
- Lot size
- 275,734 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- X
- Annual taxes
- $23,125 (2024)
- Parcel #
- 28-22-29-9200-10-010
- Zoning
- R-1A
- MLS #
- TB8485557
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Interior Details
- Bedrooms
- 38
- Interior features
- Other
- Laundry
- None
Heating & Cooling
- Heating
- Ductless
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Courtyard
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2026-03-11
- On market date
- 2026-03-11
- Original list price
- $4,500,000
- MLS area
- 32805 - Orlando/Washington Shores
- Listing AOR
- Orlando Regional
- Status changed
- 2026-03-11
- Tax legal description
- WESTFIELD M/80 LOTS 1 THRU 7 & THAT PT OF LOTS 8 & 9 LYING NWLY OF FOLLOWING DESC LINE BEG 6 FT NWLY OF NW COR OF LOT 9RUN SELY TO A POINT 6 FT SELY OF SW COROF LOT 9 & BEG SW COR OF LOT 9 RUN SELY6 FT SWLY PARALLEL TO NWLY LINE OF LOT 9TO WATERS EDG E NWLY ALONG WATERS EDGE TO A POINT ON PROLONGATION LINE OF NWLY LINE OF LOT 9 THENCE NELY TO POB BLK 10& THAT PT OF OCCUPIED PLATTED LAKE LYINGBETWEEN THE W LINE OF LOT 1 BLK 10 EXTENDED TO THE S BOUNDARY OF PLAT AND THE ELINE PROPERTY LINE EXTENDE D TO A POINTOF INTERSECTION OF THE E LINE OF LOT 4 BLK 10
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Downtown Orlando.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 1, 2026 at 2:56 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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