Sold for $1,670,000

$1,670,000

1216 VIRGINIA DRIVE, ORLANDO, FL 32803

6beds

3baths

5,376sqft

Multi Family

Built in 1955

-- sqft lot

$-- Zestimate^®

$311/sqft

$4,770 Estimated rent

Home value

Not available

Estimated sales range

Not available

$4,770/mo

Zestimate^® history

Owner options

List your home for rent

$4,770/mo

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$4,770/mo

Rent Zestimate^®

Refinance and save

$12,097/mo

Est. payment

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$12,097/mo

Est. payment

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What's special

Updated interiorsIn-unit laundry

Welcome to 1216 Virginia Dr, a prime cash-flowing investment opportunity located in the heart of Downtown Orlando! This 8-unit multifamily property offers unbeatable location appeal, just minutes from top restaurants, shopping, and entertainment in one of Orlando’s most vibrant and walkable neighborhoods. The building is remodeled, offering a strong mix of updated interiors and long-term upside. 6 out of 8 units feature in-unit laundry, a highly desirable amenity that commands higher rents and reduces turnover. The property has been well maintained, with significant updates already completed—ideal for investors looking for immediate returns with minimal effort. With strong rental history and solid in-place income, this is your chance to own a turn-key asset in one of Central Florida’s most sought-after urban cores. Don't miss out on this rare opportunity in the Downtown Orlando market

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Central

Cooling

Central Air, Wall/Window Unit(s)

Appliances

Included: Range, Refrigerator
Laundry: None

Features

Other
Has fireplace: No

Interior area

Total interior livable area: 5,376 sqft

Property

Features

Exterior features: Lighting

Lot

Size: 0.28 Acres

Details

Parcel number: 242229582203011
Zoning: R-3A/T/SP
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block, Other
Foundation: Other
Roof: Other

Condition

Completed
New construction: No
Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: MT VERNON HEIGHTS ADD 01

HOA

Has HOA: No

Location

Region: Orlando

Financial & listing details

Price per square foot: $311/sqft
Tax assessed value: $1,452,326
Annual tax amount: $27,661
Date on market: 9/26/2025
Cumulative days on market: 5 days
Listing terms: Cash,Conventional,Other
Ownership: Fee Simple
Total actual rent: 0
Tenant pays: Sewer
Road surface type: Other

Price history

Date	Event	Price
10/31/2025	Sold	$1,670,000-1.8%$311/sqft
Source: Stellar MLS #S5135466 Report a problem
10/2/2025	Pending sale	$1,700,000$316/sqft
Source: Stellar MLS #S5135466 Report a problem
9/26/2025	Listed for sale	$1,700,000+61.1%$316/sqft
Source: Stellar MLS #S5135466 Report a problem
6/5/2023	Listing removed	--
Source: Zillow Rentals Report a problem
6/2/2023	Price change	$1,500-6.3%
Source: Zillow Rentals Report a problem
5/23/2023	Listed for rent	$1,600+14.3%
Source: Zillow Rentals Report a problem
7/15/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/12/2022	Listed for rent	$1,400+3.7%
Source: Zillow Rental Manager Report a problem
7/6/2020	Listing removed	$1,350
Source: G WORLD PROPERTIES #S5034502 Report a problem
5/22/2020	Listed for rent	$1,350
Source: G WORLD PROPERTIES #S5034502 Report a problem
6/29/2018	Sold	$1,055,000$196/sqft
Source: Stellar MLS #O5709383 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$26,866 +3.6%	$1,452,326 +4.6%
2023	$25,932 +10.9%	$1,388,300 +10%
2022	$23,393 +8.5%	$1,262,091 +10%
2021	$21,555 +3.4%	$1,147,355 +4.2%
2020	$20,843 -0.8%	$1,100,965 +0.6%
2019	$21,011 +90%	$1,094,393 +291.4%
2018	$11,058	$279,616 +2.2%
2017	$11,058 +102.9%	$273,543 +18.4%
2016	$5,451 +10.2%	$231,087 +0.5%
2015	$4,946 +0.6%	$229,858 +3.6%
2014	$4,918 +7.6%	$221,818 +2.5%
2013	$4,571 +1.5%	$216,452 +0.2%
2012	$4,503 +10.2%	$215,944 +14.1%
2011	$4,086 +2.7%	$189,279 +0%
2010	$3,978	$189,226 -4.7%
2009	--	$198,613 -51.9%
2008	$7,870 +7.7%	$412,955 +3.1%
2007	$7,310 -21.6%	$400,701 -15.5%
2006	$9,321 +55.4%	$474,076 +63.8%
2005	$5,999 +39.8%	$289,464 +39.7%
2004	$4,290 +5.4%	$207,163 +6.1%
2003	$4,071 +3.6%	$195,330 +3.7%
2002	$3,931 -1.9%	$188,288 +0.7%
2001	$4,008 -2.6%	$186,906 -0.2%
2000	$4,116	$187,325