831 S PARRAMORE AVE Pending

Orlando,FL 32805

$ 405000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Acreage

MLS Listing ID O5987087

Annual Tax Amount $1,521

Lot Size 0.520 Acres

Property Description

Under contract-accepting backup offers. Build you portfolio in the OPPORTUNITY ZONE. Each unit is under 50k for the dirt. Property had 3 Duplexes on site so Impact fee credits for 6 units that alone saves 75k for the project in impact fees. Soccer stadium is 4 blocks away. City has developed 500 units across the street. 1 mile from new UCF / Valencia campus. Property has been through extensive City review in Pre Planning and has received an approval for 8 units, the only approval needed at this point is the final plat. Architect and Engineer have been working with the city to finalize a plan for more units. The development team will stay on board if wanted to see the project through 50k has already been spent on these plans. A lot of pre planning has been performed on this property. All buildings have been cleared and ready to start.

Location

State FL

County Orange

Community Acreage

Zoning R-2B/T/PH

Exterior

Utilities Available Cable Available,Electrical Nearby,Electricity Available,Public,Water Available

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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