Thank you
Alina Shulga
UNITED REAL ESTATE PREFERRED
407-243-8840
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.
Water front: 1
WaterSource: Public
Lot Dimensions: 270x629
Lot Square Feet: 142441
Lot Acres: 3.27
Lot Size (SqMt): 13233
Property Type: Land
Original List Price: $750000
Tax Block: 00
Tax Book Number: 0000
Tax Lot: 138
Tax 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
Annual Tax: $4014
Tax Year: 2023
Parcel Number: 23-23-29-0000-00-138
Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Water Source: Public
Subdivision: ACREAGE
City: ORLANDO
Direction: 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.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
207 E Lancaster Road, Orlando, FL,32809 | $530,000 | -- | -- | 10,341 | 0.24 Acre |
1205 Nela Avenue, Orlando, FL,32809 | $1,250,000 | -- | -- | 100,464 | 2.31 Acres |
732 Wyman Court #732, Orlando, FL,32809 | $175,000 | 2 | 2 | 700 | 0.13 Acre |
5355 Hansel Avenue #B-18, Orlando, FL,32809 | $225,000 | 2 | 2 | 1,100 | 0.27 Acre |
5203 Hedge Court, Orlando, FL,32809 | $690,000 | 3 | 2 | 2,000 | 0.32 Acre |
20 E Wallace Street, Orlando, FL,32809 | $235,000 | 3 | 1 | 1,036 | 0.24 Acre |
306 Lynwell Drive, Orlando, FL,32809 | $585,000 | 4 | 3 | 1,912 | 0.33 Acre |
5437 Hansel Avenue #J-10, Orlando, FL,32809 | $299,000 | 3 | 2 | 1,341 | 0.22 Acre |
7900 S Orange Blossom T.., Orlando, FL,32809 | $81,250 | 1 | 1 | 276 | 0.01 Acre |
7900 S Orange Blossom T.., Orlando, FL,32809 | $81,250 | 1 | 1 | 276 | 0.01 Acre |
Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 05/01/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 05/01/2024 @ 18:20
MLS: MFRMLS #O6194756
LISTED BY: Alina Shulga, UNITED REAL ESTATE PREFERRED
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.