$750,000

643 W Oak Ridge Road, Orlando, FL 32809

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$750,000

643 W Oak Ridge Road Orlando, FL 32809

For Sale MLS# O6194756

3.27 AcresLot/Land

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Data current as of 02/05/2024 06:50:14

Details for 643 W Oak Ridge Road

MLS# O6194756

Description for 643 W Oak Ridge Road, Orlando, FL, 32809


Development Opportunity in Prime Lakefront Property Multifamily DevelopmentExcellent 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.

Listing Information


Property Type: Lot/Land

Status: Active

Lot Size: 3.27 Acres

Subdivision: Acreage

Current Use: Unimproved

County: Orange

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Electricity Available,Sewer Available,Water Available

Exterior / Lot Features


Lot View: Lake,Water

Lot Dimensions: 270x629

Waterfront Details


Water Front Features: Lake Privileges, Lake

Driving 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.

Financial Considerations


Tax/Property ID: 23-23-29-0000-00-138

Tax Amount: 4014

Tax Year: 2023

Price Changes


$750,000 Original Price
$750,000 Current Price
$0Total Change
Date Price Change
04/18/2024 05.38 PM $750,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 643 W Oak Ridge Road

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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