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Key Details
Sold Price $410,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Acreage & Unrec
MLS Listing ID O5532426
Sold Date 04/09/19
Construction Status Other Contract Contingencies
HOA Y/N No
Annual Tax Amount $3,550
Lot Size 2.340 Acres
Acres 2.34
Lot Dimensions 460x358
Property Description
BUILDERS, DEVELOPERS, INVESTORS, RENTERS: Build your own Office/Commercial building on this LAND ready to develop, just north of Orlando, minutes to Disney, Universal, Space Coast and the attractions. Only 2 miles west of the Orlando Sanford International Airport. Zoned for 20 Units per Acre and 3 to 5 stories. High density development opportunity along SR 417 Interchange with expressway frontage at the south bound on ramp to SR 417. Sewer and water to site, onsite retention pond, highest visibility for commercial, hotel or multifamily use. Recent survey and title search. Zoned GC2 General Commercial and RMOI Multi Family Residential, Office or Institutional with a future land use of General Commercial. Prime land ready for development ideal for; Day Care Center, Hotel, Senior Housing, Memory Care Facility, Assisted Living, Apartments, Condos, Townhouses. Additional 2 Parcels included: 351 & 301 E. Airport Blvd, for a total of 2.34 Acres. At a density of 20 units/acre, 44+/- Units possible. Lots are just east of US Hwy 17-19 and west of the Orlando Sanford International Airport. Excellent opportunity to develop an income producing building. Perfect land for an IRS 1031 exchange. Seminole county has a high demand for apartments and condos with a very limited supply of developable land. Recently back on the market.
Location
State FL
County Seminole
Community Acreage & Unrec
Zoning GC2-RMOI
Exterior
Community Features Airport/Runway
Utilities Available Public, Sewer Available, Underground Utilities, Water Available
Waterfront false
Building
Lot Description Buildable, Cleared, Corner Lot, City Limits, Level, Retention Pond, Paved
Lot Size Range Two + to Five Acres
Water Public
Construction Status Other Contract Contingencies
Others
Ownership Fee Simple
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition None
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Bought with DE SAI REALTY, INC
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Melissa Malave-Crespo
REALTOR® | License ID: SL3394025
REALTOR® License ID: SL3394025