319 N Magnolia Ave & 320 Palmetto Ave

For Sale

319 N Magnolia Ave & 320 Palmetto Ave, Orlando, FL 32801

This Orlando property for sale is located at 319 N Magnolia Ave & 320 Palmetto Ave. The current listed sale price for 319 N Magnolia Ave & 320 Palmetto Ave is $9,950,000. 319 N Magnolia Ave & 320 Palmetto Ave is situated on a lot that is 0.58 acre in size.

Contacts

broker
Matt Hall

Boutique National

Property Details

  • Property Type VacantLand
  • Property Size 3,050 SF
  • Units 1
  • Lot Size 0.58 Acre
  • Year Built 1978
  • Date Updated Mar 4, 2025
Prime Urban Location: Situated just minutes away from Downtown Orlando, the property benefits from its proximity to the city’s 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 Orlando’s 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 Orlando’s 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 neighborhood’s 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 area’s 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.Rare opportunity to acquire a highly sought-after assemblage of 0.581 acres in the heart of Orlando’s 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.
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Highlights

  • Location: Prime position near Downtown Orlando, within walking distance to Lake Eola Park, major employers, shopping, dining, and entertainment venues.
  • Size: 0.581 acres (approx. 25,310 square feet)
  • Zoning: Approval in place for 26 story mixed-use tower with 232 multifamily units, ±6,000 SF retail, ±15,875 SF office, and 280 parking space garage.
  • Accessibility: Excellent access to major roadways and public transportation, offering seamless connectivity to surrounding areas.
  • Surrounding Area: Surrounded by a mix of residential, commercial, and retail developments, creating a vibrant urban neighborhood atmosphere.

Getting around

  • 91/100

    Walk Score ®

  • 74/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Orlando, FL
  • Neighborhood Downtown Orlando
  • Zip Code 32801
  • Market Orlando

Points of Interest

  • Orlando Health

    1.45 miles

  • Orlando Transportation Specialists

    5.33 miles

  • Sand Lake Road

    6.48 miles

  • King's Cross Station

    7.30 miles

  • City Walk

    7.38 miles

  • Hogsmeade Station

    7.67 miles

  • Universal's Endless Summer Resort – Surfside Inn and Suites

    7.95 miles

  • UniversalUniversal’s Endless Summers Endless Summer Resort – Dockside Inn & Suites

    7.98 miles

  • Universal Epic Universe

    8.55 miles

  • Airside 1 Gates 1-29

    8.62 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Matt Hall

Boutique National

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