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Sold for $1,250,000
  • $1,250,000

    1200 Palmer St, Orlando, FL 32801

    --beds
    0baths
    3,247sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $385/sqft
    $1,575 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,575/mo

    Zestimate® history
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    What's special

    At seller’s request, highest and best offers are due by 5:00 PM 12/23. Well-maintained 6-unit multifamily property located in the highly desirable Lake Davis-Greenwood neighborhood of Downtown Orlando. Situated on a beautiful corner lot with a large on-site parking area, this property offers a rare combination of neighborhood charm and urban convenience. The property benefits from strong historical leasing activity, excellent long-term tenants, and consistent demand driven by its prime location near Downtown Orlando, Thornton Park, Lake Eola, dining, entertainment, and major employment centers. Zoned for Lake Como School (PK-8) and Boone High School, both well-regarded schools that further support long-term rental stability and tenant appeal. The Lake Davis-Greenwood area is known for its tree-lined streets, proximity to Lake Davis, and established residential character. Clear upside through natural rent growth in such a demanding location. Operating expenses are efficient, and the property has been well cared for with no deferred maintenance. Ideal for investors seeking a turn-key asset in one of Downtown Orlando’s most sought-after residential neighborhoods. Rare opportunity with on-site parking, strong location fundamentals, and long-term income potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Sullivan 407-719-6550,

    OLDE TOWN BROKERS INC 407-425-5069

    Bought with:

    Gordy Singh, 3463706

    FLORIDA HOME FINDERS

    Source: Stellar MLS,MLS#: O6368205MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Open Floorplan
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,247 sqft

    Property

    Features
    • Exterior features: Lighting
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 362229686000014
    • Zoning: R-2B/T/AN
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block
    • Foundation: Block
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: I W PHILLIPS SUB
    HOA
    • Has HOA: No
    Location
    • Region: Orlando

    Financial & listing details

    • Price per square foot: $385/sqft
    • Tax assessed value: $842,244
    • Annual tax amount: $12,847
    • Date on market: 12/18/2025
    • Cumulative days on market: 5 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/19/2026Listing removed$1,500
    Source: Zillow Rentals Report a problem
    4/2/2026Listed for rent$1,500+41.5%
    Source: Zillow Rentals Report a problem
    12/30/2025Sold$1,250,000$385/sqft
    Source: Stellar MLS #O6368205 Report a problem
    12/27/2025Pending sale$1,250,000$385/sqft
    Source: Stellar MLS #O6368205 Report a problem
    12/18/2025Listed for sale$1,250,000+541%$385/sqft
    Source: Stellar MLS #O6368205 Report a problem
    2/28/2021Listing removed--
    Source: Owner Report a problem
    5/2/2020Listing removed$1,060
    Source: Owner Report a problem
    2/7/2020Listed for rent$1,060
    Source: Owner Report a problem
    12/20/1995Sold$195,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$12,847 +7.5%$606,936 +10%
    2023$11,951 +12.2%$551,760 +10%
    2022$10,650 +11.5%$501,600 +10%
    2021$9,553 +5.9%$456,000 +10%
    2020$9,024 +6.6%$414,545 +10%
    2019$8,462 +6.7%$376,859 +10%
    2018$7,931 $342,599 +3.4%
    2017$7,931 +24.3%$331,204 +17%
    2016$6,379 +10.2%$283,140 +0.6%
    2015$5,789 -2.1%$281,556 +0.7%
    2014$5,912 +7.9%$279,526 +2.4%
    2013$5,478 -0.5%$272,935 +0.1%
    2012$5,505 +6.8%$272,656 +7.5%
    2011$5,156 +11.2%$253,667 +8.5%
    2010$4,639 $233,757 -5.3%
    2009-- $246,927 -29.1%
    2008$6,529 +20.8%$348,295 +16.2%
    2007$5,407 -5.4%$299,756 +3%
    2006$5,715 -3.6%$291,114 -0.7%
    2005$5,930 +53.1%$293,291 +53%
    2004$3,872 +4.1%$191,745 +5.2%
    2003$3,720 +2%$182,336 +2%
    2002$3,648 -5.1%$178,755 -2.7%
    2001$3,845 -2.2%$183,634 +0.3%
    2000$3,931 $183,064
    Find assessor info on the county website

    Neighborhood: Lake Davis-Greenwood

    Nearby schools

    GreatSchools rating
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