Uptown Place Q3 2023 Market Update
Compliments of Evan Caulfield
2019
98 $240 PER SQFT
$261 PER SQFT
$315 PER SQFT
Evan@stockworth.com
Condominium Active Number of Listings (Area Code 32801)
Condominium Median Sale Price, Sold Price Per Square Foot (Area Code 32801)
$233 PER SQFT
407.432.9767
2022
2023
99
$327 PER SQFT
79 59 42
85 61
67
45
48
65 52
Freddie Mac Average Mortgage Rates U.S. 30 Year Fixed-Rate Mortgage (FRM) 8%
6%
4%
2%
0%
2018
2019
2020
2021
2022
Downtown Orlando Mixed-Use Tower Breaking Ground in 2024 A new 16-story tower located in the South Eola neighborhood of downtown Orlando will break ground in 2024 and complete construction by 2026. The tower, to be known as “550 Shoma,” will be managed by the Miami-based Shoma Group and is poised to offer 17,160 sqft of retail space, complete with an upscale food hall concept. The concept is inspired by the flagship location in Miami, which boasts six food zones, encompassing street food, raw food, a biergarten, a lounge bar, Americana, and a cafe/bakery. The residential units will range from 756 to 1,472 sqft, including live/work units measuring 1,229 sqft. The project will feature a diverse range of amenities, including a fitness center, yoga studio, sauna, business center, co-working cafe, podcast studio, club room, and a pool area with a summer kitchen. Additionally, the project will offer a dog spa, a movie theater, package rooms, storage units, and highspeed WiFi. © 2023 Stockworth Realty Group LLC. All Rights Reserved. Stockworth™ is a registered trademark licensed to Stockworth Realty Group LLC An Equal Opportunity Company. Equal Housing Opportunity.
2023
Q3 2023 Activity in Uptown Place Status
Address
Beds
Full Baths
Living Area
Price
Price Per SqFt
Date Sold
ACT
Unit 117
1
1
763
$189,000
$247.71
ACT
Unit 339
1
1
642
$199,000
$309.97
ACT
Unit 437
1
1
806
$220,000
$272.95
ACT
Unit 111
2
2
1,121
$235,000
$209.63
ACT
Unit 431
2
2
1,147
$250,000
$217.96
ACT
Unit 427
2
2
1,147
$266,000
$231.91
ACT
Unit 115
2
2
1,109
$295,000
$266.01
ACT
Unit 352
3
2
1,651
$320,000
$193.82
ACT
Unit 552
3
2
1,651
$339,000
$205.33
SLD
Unit 244
1
1
570
$197,000
$345.61
10/10/2023
SLD
Unit 537
1
1
806
$205,000
$254.34
8/25/2023
SLD
Unit 335
1
1
642
$210,000
$327.10
8/18/2023
SLD
Unit 248
1
1
818
$212,000
$259.17
8/25/2023
SLD
Unit 243
2
2
1,085
$225,000
$207.37
8/11/2023
SLD
Unit 333
1
1
806
$238,500
$295.91
10/26/2023
SLD
Unit 402
1
1
937
$239,100
$255.18
8/25/2023
SLD
Unit 314
2
2
1,147
$275,000
$239.76
8/11/2023
*Based on information from the Orange Property Appraiser. This information may or may not include all properties sold in Uptown Place during the reporting period. The accuracy of information in this report is dependent upon the aforementioned source, and is not guaranteed. If your property is presently listed with another broker, this is not a solicitation of that listing.
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