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$405,000
Est. payment /mo
0.52 Acres Lot
UPDATED:
12/17/2024 05:15 PM
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Acreage
MLS Listing ID O5987087
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $1,521
Lot Size 0.520 Acres
Acres 0.52
Lot Dimensions 170x132
Property Description
Under contract-accepting backup offers. Build you portfolio in the OPPORTUNITY ZONE. Each unit is under 50k for the dirt. Property had 3 Duplexes on site so Impact fee credits for 6 units that alone saves 75k for the project in impact fees. Soccer stadium is 4 blocks away. City has developed 500 units across the street. 1 mile from new UCF / Valencia campus. Property has been through extensive City review in Pre Planning and has received an approval for 8 units, the only approval needed at this point is the final plat. Architect and Engineer have been working with the city to finalize a plan for more units. The development team will stay on board if wanted to see the project through 50k has already been spent on these plans. A lot of pre planning has been performed on this property. All buildings have been cleared and ready to start.
Location
State FL
County Orange
Community Acreage
Zoning R-2B/T/PH
Exterior
Utilities Available Cable Available, Electrical Nearby, Electricity Available, Public, Water Available
Building
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Construction Status Inspections
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by JAMES F. HURST II, BROKER
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