5034 Old Cheney Highway, Orlando, FL 32807

$450,000

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List Price
$450,000
Status
Active
Days on Market
0
MLS#
O6437156
Lot Size
13,113
Acres
0.30
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Lake Shore Estates
MLS Area Major
Orlando/Azalea Park/Park Manor

Property Description

Rare builder and investor opportunity to acquire an oversized lot with potential for subdivision into two separate lots, subject to zoning and governmental approvals. The property currently holds a single-family residence and functional in-ground pool; however, the primary value is in the land and its redevelopment potential. Explore the possibilities of dividing the existing parcel and creating two new homesites, or pursue an alternative redevelopment plan. This is an exceptional opportunity for builders, developers and investors seeking a well-located property with significant upside. Buyer to independently verify lot dimensions, zoning, future land use, subdivision requirements, density, permitted uses, setbacks, utilities, access and all other development criteria with the appropriate governmental authorities. Property is being sold as-is. This property is zoned for top-rated schools including Baldwin Park Elementary, Glenridge Middle School and Winter Park High School.

Additional Information

Taxes
$3431
Location
In County, Level, Near Public Transit, Oversized Lot, Street Lights, Paved, Unincorporated
Community Features
No Deed Restriction
Zoning
R-2
Utilities
BB/HS Internet Available, Electricity Available, Water Connected
Pool
No Pool
Elementary School
Baldwin Park Elementary
Middle School
Glenridge Middle
High School
Winter Park High
Fences
Chain Link, Fenced
Pets
Allowed
Flood Zone Code
X
Parcel ID
21-22-30-4736-03-220
Legal Description
LAKE SHORE ESTATES Q/89 LOTS 22 & 23 BLKC

Listing courtesy of KELLER WILLIAMS WINTER PARK. 407-545-6430

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