1012 Venetian Avenue, Orlando, FL 32804

$560,000
3
BD
2
BA
1,632
SqFt

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Sold Price
$560,000
List Price
$650,000
Status
Sold
Days on Market
25
Closing Date
Mar 29, 2024
MLS#
O6176030
Property Style
Single Family
Year Built
1950
Bedrooms
3
Bathrooms
2
Living Area
1,632
Lot Size
13,916
Acres
0.32
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
University Heights
MLS Area Major
Orlando/College Park

Property Description

This investment opportunity in the historic College Park district sounds promising. The property has already been approved to be split into two lots. The lot size is 100x140 (the lots can be split into two 50X140 lots going back to original designation of 1010 and 1012) and it has already been rezoned from R-1 to R-1A. The location of the property is advantageous, being across the street from Bishop Moore High School and St. Charles. It is also close to Edgewater High School, College Park Middle School, and 1.5 miles from downtown College Park. Additionally, the property is close to the new upcoming Packing District and the new YMCA. Its proximity to I-4 makes it easily accessible, with downtown Winter Park and downtown Orlando only 15 minutes away and Florida Hospital just 10 minutes away. The property already has gas provided by TECO and utilizes a septic system. The existing house on the property is a 3-bedroom, 2-bathroom home that was renovated in 2018. The renovation included updates to the kitchen with stainless steel appliances, new wood flooring throughout, new windows, and a new roof. This could make the house attractive as a rental property while you sort out the building plans for the new lots. Privacy is also a notable feature of the property, as 8-foot-high, 6-foot-deep privacy hedges cover 80% of the lot. Additionally, there is an approximately 20-foot cactus that could be sold or incorporated into the new builds, providing the privacy of an established home. Overall, this investment opportunity in the College Park district offers the potential to develop two lots in a desirable location with nearby amenities and convenient access to major routes and facilities.

Additional Information

Taxes
$2714
Minimum Lease
8-12 Months
Community Features
No Deed Restriction
Property Description
One Story, Attached
Zoning
R-1A
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Wood
Appliances
Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Concrete
Exterior Features
Lighting
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Elementary School
Lake Silver Elem
Middle School
College Park Middle
High School
Edgewater High
Pets
Allowed
Flood Zone Code
X
Parcel ID
10-22-29-8828-06-170
Legal Description
UNIVERSITY HEIGHTS N/59 LOTS 17 & 18 BLKF

Listing courtesy of MAINFRAME REAL ESTATE. 407-513-4257

Selling Office: RE/MAX EXCLUSIVE COLLECTION.

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