Exceptional investment and development opportunity in the heart of Orlando, just minutes from Altamonte Springs. Situated on 2.88 acres, this unique property offers endless potential for investors, builders, and developers alike.
The main home features 2 bedrooms and 1 bathroom and has been recently remodeled with modern upgrades including granite countertops,… Read More new kitchen cabinets, vinyl flooring, an updated bathroom with a ceramic tile shower and new vanity, plus a new electrical panel. The property also includes two AC units for added comfort.
In addition, there is a spacious mother-in-law studio offering 2 bedrooms and 1 bathroom, currently tenant-occupied and generating rental income. The property also includes an RV hookup, adding even more flexibility and convenience for owners or guests.
The true value of this property lies in the land and its incredible development potential. This is one of the last remaining large parcels in the neighborhood, with the possibility to subdivide and build additional homes. The seller already has a survey available to separate two lots, which will be provided to the new owner.
For even greater opportunity, the adjacent property owned by the same seller is also available for purchase (it will be on the market soon), bringing the total combined acreage to approximately 9.5 acres. See the listing for 3412 Oranole Rd for additional details.
This property presents an outstanding opportunity for a large residential construction project, especially as the city is currently in the process of approving townhomes in the area.
Conveniently located near hospitals, clinics, colleges, shopping, Publix, The Home Depot, restaurants, and major roadways.
Don’t miss this rare opportunity — schedule your showing today! Read Less
Courtesy of HOME WISE REALTY GROUP, INC. 407-712-2000
Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
940
Lot Size
2.88 Acres
Year Built
1957
MLS Number
V4949009
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Range, Refrigerator, Other equipment: RV Hookup
Building
Built in 1957, Living area: 940, Living area units: Square Feet, Building faces North, 1 storey, Levels: One, Construction Materials: Block
Cooling
Central Air
Exterior Features
RV Hookup
Floors
Luxury Vinyl
Foundation
Slab
Heating
Central
Interior Features
Stone Counters
Laundry
Outside
Lot
2.88 acres
Roof
Metal
Sewer
Septic Tank
Taxes
Additional parcels description:, Parcel Number: 28-21-29-0000-00-003, Public Survey Range: 29, Public Survey Section: 28, Annual Amount: $4,128.52, Tax Block: 00, Tax Book Number: 1001, Legal Description: W 132 FT OF NW1/4 OF NE1/4 OF NW1/4 & E65 FT OF NE1/4 OF NW1/4 OF NW1/4 (LESS 30 FT R/W ON N) SEC 28-21-29, Lot: 3, Year: 2025, Zoning: R-1
Utilities
Electricity Available, Electricity Connected, Water Source: Well
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