Active

643 W OAK RIDGE RD

ORLANDO FL, 32809

$750,000


$5.27 per sqft

Active

3.27 Acres

Land

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.

O6194756

MLS ID

April 18, 2024

Listed

April 21, 2024

Updated

Map

643 W OAK RIDGE RD
ORLANDO FL, 32809

Exterior/Building Features

Lot Size

3.27 Acres


Sewer

Public Sewer

Other Property Details

Area Name

32809 - Orlando/Pinecastle/Oakridge/ Edgewood


Taxes

$4,014


Tax Frequency

Annually


Days on Market

3


Garage

No


View

No


County

Orange


Municipality

23


Water Source

Public


Pool

No


Waterfront

Yes


Zoning

R-3


Buyer Agency Compensation

2.5%

Listed by Alina Shulga, with UNITED REAL ESTATE PREFERRED
Listing Contact: 407-243-8840 

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Data last updated 4/21/2024, 7:09 PM UTC

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