Sea Isle — Sale in Orlando, FL

  • Price: $170
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Orlando, FL 32821
  • Size: 13,000 SF
  • Year built: 2014

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Description

JLL is pleased to exclusively offer Sea Isle, a 356-unit, 2014-vintage multifamily community located in the heart of Orlando's tourist corridor. Institutionally owned and operated for over a decade, Sea Isle has been meticulously maintained and offers a rare opportunity for a new ownership group to capture significant rent premiums through a targeted interior renovation program. The community is further distinguished by a resort-caliber amenity package anchored by a 13,000 SF clubhouse, including an indoor basketball/sports court, movie theater, game room, resort-inspired pool, and dog park and pet spa — an offering that rivals new construction and stands out among competing properties. A potential renovation program might include painting the cabinets and installing new fronts with soft close, new lighting and fixtures, painting the unit interiors, luxury plank flooring, built-in closet systems, and the incorporation of smart home features. The granite countertops can be left in place or upgraded to quartz. The value-add premium associated with these renovations is $170 per unit over current in-place rents. There also exists an opportunity to enhance community amenities. For example, the indoor basketball and sports court can be converted to additional gym space or two pickleball courts. The turfed cornhole area can also be converted to a putting/chipping green for residents to enjoy. Post-renovation, the property will still be positioned at a 10% discount to the competitive set, providing a compelling value proposition for renters while maintaining strong upside potential. This upside is layered on top of significant embedded, non-renovated rent growth: Sea Isle's residents carry an average household income of $106,208 — 5.0x the average leased rent — against an in-place average rent of $1,794, a rent-to-income ratio of just 20%. Pushing rents to a standard 30% rent-to-income threshold implies a potential average rent of $2,655, an $861 (48%) increase over curre

Market Context

This multifamily in Orlando, FL is listed for sale at $170 across 13,000 SF. The building dates to 2014. Compare it against other multifamily listings for sale in Orlando, FL — view the full market.

As of Q2 2026, the Orlando multifamily market showed average asking rents near $1746.00/unit/mo, and rents down 1.4% year over year. Source: Cushman & Wakefield Q2 2026 market report.

Softening rents give buyers room to negotiate on terms.

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