720 S Mills Ave, Orlando, FL 32801 | For Sale

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For Sale $825,000

$825,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 10,468 Sq Ft

Description

Adjacent parcel for sale!!! Rarely offered large lot zoned R-2B, presenting a unique opportunity for developers, investors, or end users to design and build(up to 4 units) in one of Downtown Orlando’s most desirable neighborhoods. Ideally nestled along South Mills Avenue in the heart of the Lake Davis and Lake Greenwood area, this property is just minutes from some of Orlando’s most beloved hidden gems, including Lake Davis, Lake Greenwood, and Mills Market.

The property features an existing duplex with two one-bedroom, one-bath units and offers the ability to generate rental income while planning future improvements or redevelopment. The expansive lot is beautifully shaded by a canopy of mature Florida live oak trees, thoughtfully positioned primarily within the setbacks, allowing flexibility for future development without interference.

Zoning allows for a wide range of development options, including single-family homes, tandem duplexes, or smaller apartment buildings, with the ability to build up to three stories and rooftop decks, subject to buyer verification. The location is less than one mile from Lake Cherokee and Delaney Park and approximately one mile from Lake Eola and the heart of Downtown Orlando, offering a highly walkable and lifestyle-driven setting.

This is a rare opportunity to own a property with immediate income potential and exceptional long-term upside in one of Downtown Orlando’s highest-demand rental markets, with convenient access to SR-408. A must-see in person to fully appreciate the setting, mature trees, and future potential.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $825,000
Property Type Lots/Land
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
APN # 362229290000021
MLS # O6378091
Property ID 317323891
Lot Sqft 10,468
Zoning R-2B/T/AN
Days on Market 4
Original List Price $825,000
Date Updated January 31, 2026
Date Created January 29, 2026
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Listing Provided By

Wael Georgey an agent of .


© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 31, 2026 The information being provided is 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.



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