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.
The income description goes here to explain
List Price | $750,000 |
Property Type | Lots/Land |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 0 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 232329000000138 |
MLS # | O6194756 |
Property ID | 319295985 |
Lot Sqft | 142,441 |
Zoning | R-3 |
Days on Market | 251 |
Original List Price | $750,000 |
Date Updated | June 28, 2024 |
Date Created | April 18, 2024 |
Alina Shulga an agent of . Lic #3502016
© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of June 28, 2024 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.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT