Active

525 E JACKSON STREET Unit: 28 units

ORLANDO FL, 32801

$16,000,000


$389.74 per sqft

Active

41,053 sqft

Multi-family

Built in 2006

The Jackson is a Boutique Mid-rise Condo Building Located in The charming Thornton Park Arts and Theatre District in Downtown Orlando Florida. Buy 28 condominiums in this 52 unit building as a legacy Downtown Orlando Multi Family Asset. After assembling 28 units this asset is available for sale for the first time. With over 41,000 square feet of Class A residential, make this the center piece of your muiti family portfolio. All 28 units are furnished and leased out producing a Net Operating Income of over $840,000.00 annually. This type of asset doesn’t present itself often. With apartment rents increasing, buy your Downtown Orlando Fractured condos today. The Hoa is in process of adding a gym for use of all owners and tenants, and is actively studying activating the 9th floor rooftop to add more value to this building. The sale includes a total of 61 bedrooms & 52 bathrooms, the 28 units consist of 16 two bedroom, 4 one bedroom, 7 three bedroom, and 1 four bedroom units. The location and walking score are unparalleled. You can easily walk to many of Downtown’s high end restaurants, the Dr Phillips Performing Arts Center, the Amway Arena, Lake Eola Park and of course all the nightlife. The Jackson is a 30 day minimum high end luxury rental community. All current leases in place are of 1-12 months and units have bigger footprint then most rental units in Orlando. Average unit is 1450 square feet. Each registered owner at the Jackson Is entitled to opt in for a First right of refusal on all future sales in the building. If any units are acquired by the new buyer there’s much more additional upside to be had. Buy your piece of Thornton Park by acquiring these 28 units at 525 E Jackson St.

O6098483

MLS ID

March 21, 2023

Listed

August 30, 2023

Updated

Map

525 E JACKSON STREET Unit: 28 units
ORLANDO FL, 32801

Interior Features

Total Stories

9


Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer


Floor Description

Carpet, Ceramic Tile, Concrete, Laminate, Other, Tile, Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Mini-Split Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.66 acres


Exterior Features

Garage(s), Storage


Lot Features

Central Business District, Corner Lot, City Limits, Near Public Transit, Neighbourhood, Retail Condo, Street Lights, Paved


Roof

Membrane

Other Property Details

Area Name

32801 - Orlando


Taxes

$149,400


Tax Frequency

Annually


Days on Market

137


Association Amenities

Sidewalks


Garage

No


Parking

Deeded, Lighted, Over 30 Spaces, Secured, Under Building


View

No


County

Orange


Water Source

None


Pool

No

Courtesy of PRIME PROPERTIES INT'L LLC
Listing Contact:  

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Data last updated 8/30/2023, 11:18 PM UTC

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