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643 W Oak Ridge Road, Orlando, FL 32809

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For Sale

$750,000

3.27 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 3.3 acres
    Lot size

Explore this Property

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.
MLS# O6194756

Courtesy Of United Real Estate Preferred

(407) 243-8840

Property Features

  • Amenities
    Dock, Water Front
  • Architecture Style
    Other
  • Lot Size
    3.27 Acres

Map and Directions

Directions to 643 W Oak Ridge Road, Orlando, FL 32809

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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