Property Details

PROPERTY OVERVIEW

  • Property Name Tremaine | Boyd
  • Property Address 109 South Boyd Street
  • City, State Winter Garden, FL
  • County Orange County
  • Assessor's Parcel Number 23-22-27-2888-08-030
  • Number of Residential Units Twenty Two (22)
  • Number of Retail Suites Four (4)
  • Rentable Square Feet (Residential) 18,166 SF
  • Rentable Square Feet (Retail) 8,190 SF
  • Number of Retail Tenants Two (2)
  • Number of Stories Three (3)
  • Year Built/Renovated 2019

INVESTMENT HIGHLIGHTS

Class-A, Landmark Mixed-Use Asset Located in Historic Downtown Winter Garden

Concrete-Block Structure Built in 2019, Featuring 22 Luxury Multifamily Units and Four Ground-Floor Commercial Units

Recipient Of The Orlando Business Journal’s Community Impact Award (2019), After Bringing Urban Mixed-Use Development to Downtown Winter Garden

Unit Amenities Include Wood-Plank Style Flooring, Granite Countertops, Shaker-Style Cabinetry, 10’+ Ceilings, Energy Efficient Stainless-Steel Appliances, and Crown Moulding
Four Fully-Occupied Ground-Floor Commercial Units, Serving as the Headquarters for AntonRx, a Pharmaceutical Rebate Management Company, and Home to Pammie’s Sammies, a Popular Local Restaurant

The Property’s Irreplaceable Location Provides a New Owner With Attractive & Stable Going-In Returns, Along With Future Appreciation as Downtown Winter Garden Expands Further

Near-Term Opportunity to Increase the Average Rent by $240/month, Resulting in Top-Line Annual Revenue Growth of $63,360

Long-Term Opportunity to Increase Other Income Through Initiatives Such as Parking Fees and Electricity Reimbursements

SP Multifamily Group

Benjamin Skinner

Benjamin Skinner

Senior Director Investments
SP Multifamily Group, Marcus & Millichap
Matthew Prozzillo

Matthew Prozzillo

Senior Director Investments
SP Multifamily Group, Marcus & Millichap