• 643 W Oak Ridge Road ORLANDO, FL 32809

  • $750,000
  • 142,441
    Sq Ft
  • 3.27
    Acres
  • Listed By: UNITED REAL ESTATE PREFERRED
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

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.

Property Type :

Land

Subdivision :

Acreage

County :

Orange

Style :

Land

Property Details

 

Water Source

Water front: 1

WaterSource: Public

Lot Information

Lot Dimensions: 270x629

Lot Square Feet: 142441

Lot Acres: 3.27

Lot Size (SqMt): 13233

Property Information

Property Type: Land

Listing Price Information

Original List Price: $750000

Tax Information

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

Utility Information

Electricity Available, Sewer Available, Water Available

Sewer: Public Sewer

Water Source: Public

Location Information

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.

Nearby Home Value

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

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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.

Consumer use of IDX Listings Disclaimer: 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 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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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.

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