Listed by Marcus & Millichap - Orlando
Unpriced
Annie Apartments
Details
APN 36-22-29-0872-00-171
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,262
Net Rentable (SqFt) 6,363
NOI $104,874
Occupancy 100%
Pro-Forma NOI $117,485
Class C
Year Built 1925
Buildings 4
Stories 2
Acreage 0.370
Zoning 0-1/T/AR/AN
Investment Type Core+
Occupancy Date 06/17/2026
Sale Condition N/A
10-unit urban infill opportunity in Orlando's urban core
Marketing description
SP Multifamily Group of Marcus & Millichap is pleased to present Annie Apartments, a 10-unit boutique multifamily community positioned within Delaney Park, one of Orlando's most desirable and highest-ranked urban residential neighborhoods. Located at the intersection of Delaney Park, SoDo, Downtown Orlando, and the Orlando Health Medical Campus, the property offers investors a rare opportunity to acquire urban infill housing within a highly supply-constrained corridor supported by strong demographic fundamentals, institutional employment, and long-term residential demand.
Investment highlights
- Rare Boutique Multifamily Community in Orlando's Urban Core | 10 Residential Units Across Four Buildings on 0.37 +/- Acres.
- Positioned Within One of Florida's Highest-Ranked Neighborhoods | Delaney Park holds an A+ Niche Grade and ranks among the Top 10 Best Places to Live in Florida and Top 100 Best Places to Live in America.
- Located Between Two of the Largest Hospitals in the Southeastern United States | Adjacent to the Orlando Health Medical Campus, and minutes from AdventHealth's 127-Acre Flagship Campus.
- Significant Cost-to-Own Premium Supports Rental Demand | The average all-in monthly cost to own a comparable property within the surrounding market exceeds Annie Apartments' in-place rents by approximately 88%, reinforcing the financial advantages of renting and supporting long-term occupancy demand.
- Embedded Rental Upside Within a Supply-Constrained Urban Market | Average in-place rents remain below nearby comparable properties and ownership alternatives, providing a clear pathway for future rent growth through lease trade-outs and market convergence.
- Supported By Continued Downtown Orlando Investment | The property benefits from significant public and private investment across Downtown Orlando, including Creative Village, Lake Eola improvements, Westcourt Orlando, hospitality developments, and entertainment infrastructure projects that continue strengthening the urban core and reinforcing its long-term growth trajectory.
Listing Contacts
Listed by Marcus & Millichap - Orlando
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Loan Amount
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Annual Cash Flow
$104,874.00
$8,739.50/mo
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Zoning
O-1/T/AR/AN MixedMixed UseLow Intensity Office Residential Traditional City Appearance Review Aircraft Noise
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View all 70 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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