831 S PARRAMORE AVENUE
Orlando, FL 32805
0.52 acres | #O5987087
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.
Property Details
- Utility FeaturesCable Available, Electrical Nearby, Electricity Available, Public, Water Available
- Sewer InformationPublic Sewer
- Property TypePurchase
- Original List Price$399,000
- MLS #O5987087
- MLS #O5987087
- SubdivisionACREAGE
- Utility SourcePublic
- CountyOrange
- Taxes Annual$1,521
- Cost405000
- Acres0.52
- Property SubtypeLand
- Days on Market (Cumulative)797
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Darren Greene
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: James Hurst, II (#MFR261074295)
Listing Office: JAMES F. HURST II, BROKER (#MFR50675)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.