Waterfront
Address
643 W Oak Ridge ROAD, ORLANDO, FL
Price
$ 750,000
Property Attributes
  • MLS#O6194756
  • TypeLand
  • CountyORANGE
  • CityORLANDO
  • AreaOrlando-Pinecastle-Oakridge- Edgewood
  • NeighborhoodAcreage
  • Zip32809
  • Style
  • Taxes$ 4014
  • Price$ 750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.27 Acres
Data Source:
Stellar MLS
Property Description

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.

Price History
4/19/2024 Listed $750,000

General Features

Sewer Public Sewer
Utilities Electricity Available,Sewer Available,Water Available
Zoning R-3
Tax Year 2023
Current Use Unimproved
Percent Ownership Fee Simple
Waterfront Features Lake
County Orange
Property Type Land
HOA / Comm Assn No
Subdivision Name ACREAGE
Facing Direction South
Status Active
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.
City ORLANDO
Buyer Agent Compensation 2.5%
MLS Area 32809 - Orlando/Pinecastle/Oakridge/ Edgewood
Lot Size Square Feet 142441
Waterfront Y/N Yes
Street Name Oak Ridge
Tax Annual Amount 4014
Public Remarks 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,
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6194756
Days on Market 5
Standard Status Active
Tax Lot 138
Legal Description BEG 45 FT N & 265 FT W OF SE COR OF NW1/4 RUN N 286.95 FT N 27 DEG W 33.54 FT N313.02 FT W 210 FT S 519.97 FT W 55 FT S85 FT S 22 DEG E 26.92 FT E 270 FT TO POB IN SEC 23-23-29
Water View Lake
Water Access Type Lake

Interior Features

Street Suffix ROAD
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 3.27
Lot Dimensions 270 x 629
Lot Size Acres 3.27
Road Surface Type Paved
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32809

Price
AVG $1.43M
$750K
Taxes
AVG $12,846
$4,014
Visits
AVG 546
91
Data Provided by Inside Real Estate®