4518 Arch Street, Orlando, FL 32808

$350,000

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List Price
$350,000
Status
Pending
Days on Market
49
MLS#
S5148013
Lot Size
82,671
Acres
1.90
Total Acreage
1 to less than 2
Legal Subdivision Name
Fairground Estates
MLS Area Major
Orlando/Pine Hills

Property Description

Under contract-accepting backup offers. Vacant Lot for Sale – Development Opportunity Near Central Florida Fairgrounds Ideal Site for Affordable Housing Community Presenting a prime vacant lot with exceptional development potential, perfectly suited for an affordable housing community. In 2006, the property received preliminary approval from the City for a zoning change from R-1 to PD (Planned Development), paving the way for a 22-unit duplex development dedicated to affordable housing. This expansive lot offers a unique opportunity for builders and investors looking to create quality homes in a sought-after location. The property is conveniently situated adjacent to the Central Florida Fairgrounds, offering residents easy access to local events and amenities. Its proximity to major roads and neighborhood attractions makes it highly desirable for future homeowners. Take advantage of this rare opportunity to contribute to the community by developing much-needed affordable housing.

Additional Information

Taxes
$199
Community Features
No Deed Restriction
Zoning
PD/W
Utilities
Public
Pool
No Pool
Flood Zone Code
X
Parcel ID
20-22-29-2590-00-010
Legal Description
FAIRGROUND ESTATES 66/42 LOT 1

Listing courtesy of GOLDEN PALMS REALTY OF FLORIDA. 407-944-4822

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