Homes for sale - 831 S PARRAMORE AVE, Orlando, FL 32805

Dori L Estrada, PLLC

REALTOR®, Real Estate Consultant | License ID: SL3422580

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$ 375,000

$ 405,000 7.4%

Est. payment | -/mo

0.52 Acres Lot

$ 375,000

$ 405,000 7.4%

Est. payment | -/mo

0.52 Acres Lot

Key Details

Sold Price $375,000

Property Type Vacant Land

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Acreage

MLS Listing ID O5987087

Sold Date 12/20/24

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

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

Listed by JAMES F. HURST II, BROKER
Bought with JAMES F. HURST II, BROKER

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(719) 244-5413

doriestrada@gmail.com

1400 S International Pkwy, Lake Mary, FL, 32746, USA

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831 S PARRAMORE AVE Orlando, FL 32805