3.3 Acres of Mixed-Use Land for Sale in Orlando, Florida

643 W Oak Ridge Rd, Orlando, FL 32809

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$750,000
3.27 acres
Active sale agoEst $7,369/mo

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:

o Land Size: Approximately 3.27 acres, considering the presence of lakefront and small wetland areas. Buildable area 1.6 acres.

o Potential Use: Multifamily Residential project, Single Family Residential project, Mixed-Use Project o Location: Lakefront property with road frontage on Oak Ridge Rd.

o Utilities: Both sewer and water connections available at land border o 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.

o Preconstruction Meeting: Previous entitlement project make the county interested in developing this land.

o Entitlements Status: in 2004 entitled for single family development (6 Single family houses)

o 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.

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.

Property details

Coordinates
28.4736, -81.3855
Zoning
R-3
Elevation
89 feet
MLS Number
MFRMLS O6194756
Date Listed

Legal description

Parcels

  • 23-23-29-0000-00-138

Property taxes

2023
$4,014

Resources

This 3.27-acre property is located at 643 W Oak Ridge Rd in Orlando, FL 32809 with latitude 28.4736 and longitude -81.3855. The property is currently available for sale for $750,000 with a price per acre of $229,358. Listing data is sourced from Stellar MLS # O6194756.

Verify sale details at the property source or contact United Real Estate Preferred at (407) 243-8840.

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Copyright (C) 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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