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Key Details
Sold Price $759,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,061 sqft
Price per Sqft $715
Subdivision Ilexhurst Sub
MLS Listing ID O6118814
Sold Date 09/29/23
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1950
Annual Tax Amount $4,322
Lot Size 0.320 Acres
Acres 0.32
Property Description
Ready to grow your Investor/Builder portfolio and build six (6) City of Orlando Multi-Family Units near Downtown Orlando? This 2 bedroom home and land is located directly in the heart of the SODO district of Orlando. It provides for a future R-3B development property on a double lot with the potential to build up to 6 units! The property also resides in an OPPORTUNITY ZONE, creating even more tax incentives to developers and investors. The property is surrounded by retail, entertainment, and proximity to ORMC hospital main campus less than a mile away. With ease of access to I-4, commute times to surrounding Orlando areas are simple.
THIS PROPERTY IS MEANT FOR SERIOUS MULTI FAMILY DEVELOPERS AND INVESTORS WITH THE INTENTION TO RE-DEVELOP AND MAXIMIZE THE DOUBLE CONJOINING LOTS ZONED R-3B. The proposed site plan in the pictures is a 6 unit development with each unit having 1,900 sq. ft. of living area under air and 2,300 total living area.
Location
State FL
County Orange
Community Ilexhurst Sub
Zoning R-3B/T/SP
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Wood
Fireplace false
Appliance Convection Oven, Dishwasher
Exterior
Exterior Feature Other
Utilities Available Electricity Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Wood Frame
New Construction false
Schools
Elementary Schools Blankner Elem
Middle Schools Blankner School (K-8)
High Schools Boone High
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with KELLER WILLIAMS REALTY AT THE PARKS
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