319 N Magnolia Ave & 320 Palmetto Ave

319 N Magnolia Ave, Orlando, FL 32801

Rare opportunity to acquire a highly sought-after assemblage of 0.581 acres in the heart of Orlandos dynamic urban core. Located just a short distance from Downtown Orlando and the scenic Lake Eola, this site is primed for a high-density development. Approval in place for 26 story (+/-260 ft. tall) mixed-use tower to include 232 multifamily units, +/-6,000 SF of ground floor retail, +/-15,875 SF of office, and 280 parking spaces in an integrated parking garage. The property offers an unparalleled investment opportunity in a thriving market with robust demand for urban living. Prime Urban Location: Situated just minutes away from Downtown Orlando, the property benefits from its proximity to the citys Central Business District, where a thriving mix of corporate offices, co-working spaces, and entrepreneurial hubs creates a dynamic environment for professionals and businesses alike. This prime location provides future residents with immediate access to Orlandos bustling downtown area, filled with a diverse array of dining, shopping, and entertainment options. Iconic Lake Eola Nearby: The property is just a short walk from Lake Eola Park, one of Orlandos most beloved landmarks. Known for its stunning views, swan boat rides, and walking paths, Lake Eola is the cultural and recreational heartbeat of the city. The park hosts various events, concerts, farmers markets, and festivals throughout the year, offering a lively and engaging lifestyle for future residents. Unmatched Walkability and Connectivity: The neighborhoods excellent walkability score is enhanced by its closeness to essential services, parks, boutique shops, high-end restaurants, and vibrant nightlife. With major roadways, such as I-4 and SR 408, in close proximity, and access to public transportation options including SunRail and LYNX buses, the location provides seamless connectivity to the greater Orlando area and beyond. Emerging Urban Hub: The area surrounding the property is undergoing substantial growth and revitalization, characterized by a surge of new developments, including luxury residential high-rises, boutique hotels, and innovative commercial spaces. This growth continues to attract young professionals, families, and retirees, adding to the areas diversity and vibrancy. Close to Key Attractions and Amenities: The assemblage is also strategically located near key cultural institutions, such as the Dr. Phillips Center for the Performing Arts, Amway Center, and the Orlando Science Center. Residents will have easy access to a rich array of cultural, educational, and recreational amenities, providing a well-rounded urban living experience.

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