Land - Real Estate in Orlando
Listing Price: $750,000
Description of Property
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 Details At A Glance
Property Type: Land
City: Orlando
County: Orange
Subdivision: Acreage
Annual Tax: $4,014
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Waterfront Info
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Water Front: Yes
Water Frontage: Lake
Water Access: Yes
Water Access Type: Lake
Water View: Lake
Exterior & Construction
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Utilities:
- Electricity Available
- Sewer Available
- Water Available
Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features:
Lot Size (acres): 3.27
Lot Size (sq. ft.): 142,441 square feet
Lot Dimensions: 270 x 629
Front Exposure: South
Adjoining Property:
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Legal Description & Other Information
Parcel Number: 232329000000138
Zoning: R-3
Tax Legal Desc.: 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
Section: 23
Range: 29
Listing courtesy of UNITED REAL ESTATE PREFERRED. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
