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.
For sale
$4,500,000
2222 W SOUTH STREET, ORLANDO, FL 32805
38beds
37baths
19,392sqft
:
Get pre-qualified$30,543/mo
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$232/sqft
$-- HOA
What's special
Attractive water views
- 141 days |
- 492 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Tito Urbano Perez 407-907-0350,
FLORIDA REALTY INVESTMENTS 407-207-2220
Source: Stellar MLS,MLS#: TB8485557
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 38
- Bathrooms: 37
Heating
- Wall Units / Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Other
- Has fireplace: No
Interior area
- Total interior livable area: 19,392 sqft
Video & virtual tour
Property
Features
- Exterior features: Courtyard
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake Privileges
Lot
- Size: 6.33 Acres
Details
- Additional parcels included: 28-22-29-9200-07-010
- Parcel number: 282229920010010
- Zoning: R-1A
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WESTFIELD SUB
HOA
- Has HOA: No
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $430,738
- Annual tax amount: $23,125
- Date on market: 3/11/2026
- Cumulative days on market: 142 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 0
- Tenant pays: Electricity, Sewer, Water
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,383/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listed for sale | $4,500,000$232/sqft |
Source:  Stellar MLS #TB8485557 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,341 +6.3% | $411,908 +10% |
| 2023 | $8,789 +9.2% | $374,462 +10% |
| 2022 | $8,051 +15% | $340,420 +10% |
| 2021 | $7,001 -2.1% | $309,473 -1.9% |
| 2020 | $7,153 +11.5% | $315,449 +20.5% |
| 2019 | $6,416 +4.5% | $261,707 +10% |
| 2018 | $6,139 | $237,915 +8.1% |
| 2017 | $6,139 +12% | $220,093 +11.9% |
| 2016 | $5,480 +6.5% | $196,624 +0.2% |
| 2015 | $5,144 +3.1% | $196,137 +7.7% |
| 2014 | $4,992 +3.9% | $182,174 -0.3% |
| 2013 | $4,805 -18.1% | $182,732 -24.2% |
| 2010 | $5,867 -29.8% | $241,145 -40.3% |
| 2007 | $8,358 -1.8% | $404,225 +7.2% |
| 2006 | $8,513 +40.1% | $377,080 +53.8% |
| 2004 | $6,078 +1.6% | $245,154 +3.8% |
| 2003 | $5,983 | $236,076 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lake Sunset
Nearby schools
GreatSchools rating
- 4/10Orange Center ElementaryGrades: PK-5Distance: 0.3 mi
- 4/10Memorial Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Jones High SchoolGrades: 9-12Distance: 0.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
