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Key Details
Sold Price $495,000
Property Type Other Types
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Fairview Shores
MLS Listing ID O5761604
Sold Date 09/23/19
Construction Status No Contingency
HOA Y/N No
Annual Tax Amount $2,966
Lot Size 1.040 Acres
Acres 1.04
Lot Dimensions 299x150
Property Description
Excellent opportunity to purchase a bite-size, multifamily project in a great location, just off Lee Road in Winter Park, Orlando metropolitan area. Approved plans by Orange County and City of Winter Park for a 3-story building with 20 condos/rental units, the total area under A/C of about 25,258 sq. feet recently expired, need to be renewed. The project comprises of 18 3-bed 2-bath 1250 sq. ft. units, and two 2 bed 2.5 bath end units. All the initial hard work is done, Buyer will need to pay for permits and impact fee to start construction.
Location
State FL
County Orange
Community Fairview Shores
Zoning R-3
Exterior
Utilities Available Electrical Nearby, Water Nearby
Building
Lot Size Range One + to Two Acres
Sewer Public Sewer
Water None
Construction Status No Contingency
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with ORLANDO REGIONAL REALTY