831 S Parramore Avenue, Orlando, FL 32805
- $375,000
- Sold Price
- $375,000
- List Price
- $405,000
- Status
- Sold
- Days on Market
- 1009
- Closing Date
- Dec 20, 2024
- MLS#
- O5987087
- Lot Size
- 22,442
- Acres
- 0.52
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Acreage
- MLS Area Major
- Orlando/Washington Shores
Property Description
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.
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Additional Information
- Taxes
- $1521
- Community Features
- No Deed Restriction
- Zoning
- R-2B/T/PH
- Utilities
- Cable Available, Electrical Nearby, Electricity Available, Public, Water Available
- Pool
- No Pool
- Flood Zone Code
- x
- Parcel ID
- 35-22-29-0000-00-025
- Legal Description
- W 170 FT OF N 132 FT OF S 264 FT OF W1/2OF SW1/4 OF SE1/4 OF NW1/4 OF SEC 35-22-29 (LESS ST)
Listing courtesy of JAMES F. HURST II, BROKER. 407-383-4561
Selling Office: WRA BUSINESS & REAL ESTATE.Mortgage Calculator
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