Property Attributes
- MLS#O6194756
- TypeLand
- CountyORANGE
- CityORLANDO
- AreaOrlando-Pinecastle-Oakridge- Edgewood
- NeighborhoodAcreage
- Zip32809
- Style
- Taxes$ 4014
- Price$ 750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3.27 Acres
Data Source:
Stellar MLS
Property Description
Development Opportunity in Prime Lakefront Property Multifamily Development Excellent development opportunity in the thriving city of Orlando, Florida. Located at 643 W Oak Ridge Rd, Orlando, FL 32809, this buildable lakefront land offers immense development potential for a small multifamily or mixed-use project. Project Overview: • Land Size: Approximately 3.27 acres, considering the presence of lakefront and small wetland areas. Buildable area 1.6 acres. • Potential Use: Multifamily Residential project, Single Family Residential project, Mixed-Use Project • Location: Lakefront property with road frontage on Oak Ridge Rd. • Utilities: Both sewer and water connections available at land border • Completed Surveys and Due diligence: A survey and CONSERVATION AREA DETERMINATION have already been completed. High and normal water line marked. Utilities availability map obtained. • Preconstruction Meeting: Previous entitlement project make the county interested in developing this land. • Entitlements Status: in 2004 entitled for single family development (6 Single family houses) • Development Opportunity: The county is in the final stages of adopting new development plan and building code this year. This lot is currently residential R3 zoning, per new code it will get T4.3 High Intensity Neighborhood designation with wide range of further potential designations and uses: low, medium and high intensity mixed use.
Price History | |
---|---|
4/19/2024 | Listed $750,000 |
General Features
Sewer | Public Sewer |
---|---|
Utilities | Electricity Available,Sewer Available,Water Available |
Zoning | R-3 |
Tax Year | 2023 |
Current Use | Unimproved |
Percent Ownership | Fee Simple |
Waterfront Features | Lake |
County | Orange |
Property Type | Land |
HOA / Comm Assn | No |
Subdivision Name | ACREAGE |
Facing Direction | South |
Status | Active |
Directions | From S Orange Blossom trail head north to W Oak Ridge Rd,the property is right in front of Oak Ridge High School and beside Sunoco Gas Station. |
ModificationTimestamp | 2024-04-21T17:52:04.040Z |
City | ORLANDO |
Buyer Agent Compensation | 2.5% |
View Y/N | No |
MLS Area | 32809 - Orlando/Pinecastle/Oakridge/ Edgewood |
Lot Size Units | Acres |
Lot Size Square Feet | 142441 |
Waterfront Y/N | Yes |
Tax Annual Amount | 4014 |
Additional Parcels Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6194756 |
Days on Market | 5 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Tax Lot | 138 |
Legal Description | BEG 45 FT N & 265 FT W OF SE COR OF NW1/4 RUN N 286.95 FT N 27 DEG W 33.54 FT N313.02 FT W 210 FT S 519.97 FT W 55 FT S85 FT S 22 DEG E 26.92 FT E 270 FT TO POB IN SEC 23-23-29 |
Water View | Lake |
Water Access Type | Lake |
Water Access Y/N | Yes |
Water View Y/N | Yes |
Flood Zone Code | X |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 3.27 |
Lot Dimensions | 270 x 629 |
Lot Size Acres | 3.27 |
Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool