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643 W Oak Ridge Road,  Orlando FL, 32809

(Active)
$750,000
|
|
MLS# O6194756
Last Updated: 5/2/2024 9:54 AM
Description for 643 W Oak Ridge Road Orlando, FL 32809
Development Opportunity in Prime Lakefront Property Multifamily DevelopmentExcellent 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.
Price
$750,000
ACREAGE
Orange
O6194756
Active
Description
Development Opportunity in Prime Lakefront Property Multifamily DevelopmentExcellent 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.
Listing Information
Property Type: Land, Other
3.27 Acres
23//
ACREAGE
Public
Public Sewer
Electricity Available, Sewer Available, Water Available
Unimproved
Neighborhood
Room Information
Exterior / Lot Features
Lake, Water
270x629
Front - 270
R-3
Waterfront
Driving Directions
From S Orange Blossom trail head north to W Oak Ridge Rd, the property is right in front of Oak Ridge High School and beside Sunoco Gas Station.
Financial Considerations
23-23-29-0000-00-138
$4,014
Listing Price History

Orlando Real Estate

Orlando is located in Florida. Orlando, Florida 32809 has a population of 10,507.

The median household income in Orlando, Florida 32809 is $46,579. The median household income for the surrounding county is $63,002 compared to the national median of $66,222. The median age of people living in Orlando 32809 is 37 years.

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Courtesy: UNITED REAL ESTATE PREFERRED, 407-243-8840


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Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/2/2024 9:54 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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