Attention Investors for this exceptional opportunity to acquire a portfolio of 10 income-producing residential studio units located in the Orlando metropolitan area, by the Florida Mall, near the international airport and just minutes from restaurants, shopping and entertainment This turnkey portfolio is ideal for investors seeking stable monthly income, attractive returns, and long-term appreciation. A visit to the site will be important to get to know the potential of the investment you are about to make.
Multi-familyProperty Type
1972Year Built
351 sq ftLot Size
$232Price/Sq.Ft.
$3,207/moHOA Dues
Listed by Armando Cola Soares• MY ESTATE CONNECTION CORP
Florida Mall, located between Sand Lake Road and the Florida’s Turnpike corridor, is a retail and residential Sky Lake neighborhood with big-box boulevards and pocketed apartment communities. The neighborhood’s character concentrates at the Florida Mall complex along S Orange Blossom Trail, where storefront promenades, food counters, and late-day parking-lot bustle set the tempo. Community pillars include The Florida Mall itself, Crayola Experience Orlando, and the Orlando Kart Center. Architecture skews contemporary and car-oriented, with wide arterials, low-rise commercial pads, and newer multifamily clusters. Daily life revolves around shopping, casual dining, and quick hops to nearby parks and trails. Green space appears in nearby county parks and along the Shingle Creek corridor.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Other interior features
Bedrooms
10 bedrooms total
Laundry & utility
Common area laundry
Heating & cooling
Central heating
Central air conditioning
Exterior features
Other exterior features
Near public transit
Asphalt road access
Home design
Residential income property
Quadruplex
Has additional parcels
Zoned C-1
3 buildings on the property
Parking
No dedicated parking
Construction
Block construction
Other roof
Other foundation details
Built area about 3,658 (source: public records)
Utilities
Public water
Public sewer
Electricity connected
HOA & community
Has HOA (Alliance Condominium / Marlon)
Monthly association fee approximately $3,207.50
Association approval required
Association fees are required
Financial info
Gross annual income about $120,000
Annual net income about $70,800
Annual expenses about $49,200
Total annual fees listed as $38,490
Total monthly expenses about $4,100
Total monthly fees about $3,207.50
Lease restrictions indicated
Other
10 total units
Unit mix: ten 1-bedroom units (6 units ~351 heated, 4 units ~388 heated)
All 10 units currently occupied
Pro forma rent shown as $1,000 per unit
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 8421 S Orange Blossom Trl #302
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #O6437243
Aug 28, 2026
Listed
$850,000
$232/sq ft
Public Records
Dec 7, 2021
Sold
$450,000
$123/sq ft
Public Records
Jul 12, 2011
Sold
$1,591,525
$435/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$957 (+8.8%)
$56,200
2024
$879 (+12.8%)
$56,200
2023
$780 (+12.3%)
$10,476 + $41,904
$52,380
2022
$694 (+10.8%)
$8,440 + $33,760
$42,200
2021
$627 (+13.7%)
$8,440 + $33,760
$42,200
2020
$551 (−0.3%)
$7,480 + $29,920
$37,400
2019
$553 (+3.8%)
$7,000 + $28,000
$35,000
2018
$533 (+21.2%)
$7,000 + $28,000
$35,000
2017
$439 (−5.9%)
$5,000 + $20,000
$25,000
2016
$467 (−1.7%)
$5,000 + $20,000
$25,000
2015
$475 (+9.2%)
2014
$435 (+0.9%)
2013
$431 (+6.9%)
2012
$403
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
388
Unfinished Sq. Ft.
—
Total Sq. Ft.
388
Year built
2000
Style
Condo/Co-op
County
Orange County
APN
292334010803302
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
C-1
Retail Commercial District
The intent and purpose of this C-1 retail commercial district are as follows: this district is composed of lands and structures used primarily for the furnishing of selected commodities and services at retail. This district will be encouraged: At intersections of collectors and arterials; Where it will not direct commercial traffic through residential districts; Where adequate public facilities and services are available, as defined in the comprehensive plan; Where compatible with adjacent areas or where buffers can be provided to ensure compatibility; and To a limited extent in rural settlements throughout the county to meet the needs of an identified community, or in growth centers as defined in the comprehensive plan.