421 E ROBINSON STREET, ORLANDO, FL 32801
5,990,000
9479 Sqft
203/Sqft
Office
Price $5,990,000
Property type Office
Status Active
Square feet 29539 Sqft
Year built 1965
Garages N/A
Lot size 29539 Sqft

Description

Discover an incredible opportunity just steps from the iconic Lake Eola Park in Downtown Orlando. Transform the existing nearly 10,000 SF block construction building or redevelop the site to bring your vision to life. The City of Orlando has previously approved plans for a stunning mixed-use, 7-story development, featuring spacious one-bedroom, two-bedroom, and three-bedroom units, along with vibrant restaurant and office spaces, and a convenient parking garage. Your vision may include senior housing, student accommodations, or more. The choice is yours! Imagine having breathtaking lake views and enjoying leisurely strolls along the picturesque 0.9-mile concrete path that hugs Lake Eola. With immediate access to the Walt Disney Amphitheater, you’ll be at the heart of community events and performances year-round. Plus, Lake Eola's unique attractions, including a pagoda, swan boats, a playground, and more, add to the charm of this remarkable location. Seize this unparalleled opportunity to create a thriving community hub in a prime setting!

Location

Restaurant

Pets

Walkable

Kids

Schools Pets Cafes Restaurants

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421 E ROBINSON STREET

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Frequently Asked Questions

Is it a good idea to buy a home in Kissimmee or Davenport to rent it on Airbnb?

Kissimmee and Davenport are two of the most profitable areas for vacation rentals near the Disney theme parks, thanks to year-round tourism demand. However, not all communities allow short-term rentals: you\'ll need to choose developments specifically zoned for short-term rental, such as ChampionsGate, Solara Resort, Storey Lake, Windsor Island, or Reunion. Profitability depends on the size of the home, average occupancy, and the cost of property management, HOA, and taxes. A well-located home can generate attractive income, though results may vary by season and how it\'s managed. At Florida HomeGroup Realty, we only show you Airbnb-approved properties and connect you with experienced vacation rental managers.

What are the closing costs and additional expenses when buying a property in Orlando?

When buying a property in Orlando, you should budget an additional 2% to 5% on top of the purchase price to cover closing costs. These typically include title insurance, title search, inspection, appraisal, prorated taxes, the first property insurance premium, and initial HOA fees if applicable. If you finance the purchase, add loan-related costs (origination, appraisal, and points). Property taxes in Florida usually range between 1% and 1.5% of the assessed value per year. Each transaction can vary depending on the area, property type, and builder. At Florida HomeGroup Realty, we provide a detailed estimate before you sign, so there are no surprises on closing day.

Is it better to buy a new construction home or a resale property in Orlando?

It depends on your goals. A new construction home usually comes with warranties, better energy efficiency, modern designs, and customization options; many builders also offer incentives such as rate buydowns or closing cost assistance. A resale property, on the other hand, may offer a more established location, mature landscaping, room to negotiate the price, and immediate availability. For vacation rental investment, new homes in short-term rental communities are often the preferred choice. Each decision depends on your budget, timing, and personal goals, so it\'s worth reviewing both options with a specialized advisor. At Florida HomeGroup Realty, we help you compare real options and negotiate with both builders and sellers.

Can I buy a house in Orlando if I\'m a foreigner and don\'t live in the United States?

Yes. In Florida, foreign buyers can purchase property without needing a visa, residency, or U.S. citizenship. The process is very similar to that of a local buyer: you submit an offer, complete the inspection, hire a title company, and close the deal. You\'ll only need a valid passport, proof of funds, and in some cases an ITIN for tax purposes. Keep in mind that regulations such as FIRPTA may apply when you sell the property, so it\'s wise to plan from the start. Each case can vary, which is why personalized guidance is recommended. At Florida HomeGroup Realty, we guide international buyers through every step with bilingual support and a fully transparent process.

What financing options are available to buy a home in Orlando if I\'m not a U.S. resident?

There are several alternatives to finance your Orlando property even if you live abroad. The most common is the foreign national loan, which usually requires a down payment between 25% and 35%, proof of income from your home country, and international bank references. Some buyers prefer to pay cash to close faster and refinance later. Interest rates for foreign buyers tend to be slightly higher than for local borrowers, and terms vary by lender. Each institution has its own policies, so it\'s recommended to review options with a specialized advisor before making an offer. At Florida HomeGroup Realty, we work with mortgage brokers who specialize in financing for international and Latin American buyers.

Veterans and Military Benefits

We work with Veterans specialists to provide expert guidance and access the exclusive homebuying benefits for those that have served. Find a Veterans real estate agent or VA loan officer today.

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