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$1,670,000
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Property Description
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
Full Property Details
Full Property Details for 1216 Virginia Dr
General
- Sold For: $1,670,000
- Taxes: $27,661 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: S5135466
- Added to Site: 112 day(s) ago
Interior
- Interior Features: Other
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 14
Exterior
- Exterior Features: Lighting
Location
- Area: 32803 - Orlando/Colonial Town
- County: Orange
- Development Name: 32803 - Orlando/Colonial Town
- Subdivision: MT VERNON HEIGHTS ADD 01
- Driving Directions: Take I-4 eastbound. take exit 85 Princeton st and make left. Go right on mills ave and then turn left to Virginia dr. 1216 Virginia dr will be on the right.
Community
- Community Name: 32803 - Orlando/Colonial Town
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Other
- Roof: Other
- Square Feet: 5,376
- Sq. Ft. Source: Public Records
- Living Area: 5,376 Sq. Ft.
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,333
- Lot Size: 12333
- Lot Dimensions: 0 x 0
- Street/Road Desc.: Other
Financial Considerations
- Tax Amount: $27,661
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 1ST ADDITION MT VERNON HEIGHTS E/88 LOT1 (LESS S 2 FT & N 15 FT) BLK C
- Flood Zone Info: X
- APN: 242229582203011
- Property ID: 242229582203011
- Block/Lot/Section: C
Listed by Lpt Realty, Llc
Sold by C Brenner Inc
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Schools
Schools serving 1216 Virginia Dr
School District:Orange County School District
| Name | Grades | Distance |
|---|---|---|
Audubon Park School 1500 Falcon Drive, Orlando, FL 32803 | PK-8 | 1.1 mi |
Edgewater High School 3100 Edgewater Drive, Orlando, FL 32804 | 9-12 | 2.2 mi |
Winter Park High School 2100 Summerfield Road, Winter Park, FL 32792 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1216 Virginia Dr
Date
Details
Price
Change
Source
10/31/2025
Sold
$1,670,000
-1.76%
MLS
9/26/2025
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1216 Virginia Drive, Orlando, FL 32803 (MLS# S5135466) is a Multi-Family property that was sold at $1,670,000 on October 31, 2025. Want to learn more about 1216 Virginia Drive? Do you have questions about finding other Multi-Family real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

