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$20,000,000
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Property Description
Rare opportunity to acquire a diverse, income-producing portfolio in the rapidly evolving Parramore area of Orlando. This offering includes 32 properties totaling 103 units, featuring a strong mix of asset types: duplexes, quadplexes, a 6-plex, 8-plex, and 10-plex, along with two single-family homes. The portfolio offers immediate cash flow, with the majority of units already leased and generating consistent rental income. Unit configurations range from studios to 3-bedroom units, providing broad tenant appeal and diversified income streams. Strategically located in the heart of Orlando's urban core, these properties are within walking distance to the Kia Center, Inter&Co Stadium, and Camping World Stadium-major entertainment and sports hubs that continue to drive strong rental demand and neighborhood growth. This portfolio positions investors to benefit from ongoing redevelopment, population growth, and long-term appreciation in the Parramore submarket. With scale, density, and strong rental demand, this is an ideal opportunity for investors seeking both stable returns and future upside potential. Whether you're looking to expand your existing holdings or establish a significant footprint in one of Orlando's most promising areas, this portfolio delivers on all fronts. Don't miss this chance to secure a high-performing, large-scale investment in a prime Central Florida location.
Full Property Details
Full Property Details for 621 W South St
General
- Price: $20,000,000
- Taxes: $10,963 (2025)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6402329
- Updated: 5/8/2026
- Added to Site: 21 day(s) ago
Interior
- Interior Features: Kitchen and Family Room Combination
Rooms
Bathrooms
- Total Bathrooms: 10
Bedrooms
- Total Bedrooms: 28
Exterior
- Exterior Features: Fenced, Sidewalk
Location
- Area: 32805 - Orlando/Washington Shores
- County: Orange
- Development Name: 32805 - Orlando/Washington Shores
- Subdivision: JAMES B PARRAMORES ADD
- Driving Directions: This is a multi unit portfolio for 32 addresses. The direction is for 621 W South St. From I-4 get exit to South Street, head west, Property will be on your right.
Community
- Community Name: 32805 - Orlando/Washington Shores
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- # Buildings: 37
- Exterior Const.: Cement Siding, Concrete, Stucco
- Roof: Cement, Shingle
- Square Feet: 3,248
- Sq. Ft. Source: Public Records
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,673
- Lot Size: 18673
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $10,963
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: JAMES B PARRAMORES ADDITION C/66 LOT 3 BLK P
- Flood Zone Info: X
- APN: 262229671616031
- Property ID: 262229671616031
- Block/Lot/Section: P
Listed by Radius Realty Group Llc
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Schools
Schools serving 621 W South St
School District:Orange County School District
| Name | Grades | Distance |
|---|---|---|
OCPS Academic Center for Excellence 701 W Livingston St, Orlando, FL 32803 | PK-8 | 0.7 mi |
Jones High School 801 Rio Grande Avenue, Orlando, FL 32805 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 621 W South St
Date
Details
Price
Change
Source
5/07/2026
Listed
$20,000,000
2317.79%
MLS
12/02/2005
Sold
$827,200
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 621 W South St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,963
8%
$478,229
-29%
2024
$10,137
-4%
$675,843
-20%
2023
$10,506
40%
$839,757
79%
2021
$7,498
-22%
$469,214
-38%
2022
$9,584
28%
$754,723
58%
2021
$7,498
12%
$478,921
14%
2019
$6,670
6%
$419,309
6%
2018
$6,301
28%
$396,170
67%
2017
$4,928
13%
$237,428
29%
2016
$4,363
-1%
$184,377
—
2015
$4,422
1%
$183,508
3%
2014
$4,357
6%
$178,121
1%
2013
$4,123
—
$176,219
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 621 W South St
621 W South Street, Orlando, FL 32805 (MLS# O6402329) is a Multi-Family property with units containing 28 bedrooms and 0 full bathrooms. 621 W South Street is currently listed for $20,000,000 and was received on May 07, 2026. Want to learn more about 621 W South Street? 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.

