$750,000 for Sale
643 w oak ridge road, orlando, FL 32809
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.
General Information
Sale Price: $750,000
Price/SqFt:
Status: Active
MLS#: O6194756
City: orlando
Post Office: orlando
County: Orange
Subdivision: acreage
Acres: 3.27
Lot Dimensions: 270 x 629
Size:
Acreage: 3.27 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $4,014
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
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Alina Shulga of UNITED REAL ESTATE PREFERRED, Phone: 407-243-8840
