Investors' Dream. Two oversized buildable lots in Boone High/Pershing School district. Each lot size is 50x162.
The beauty of this property is that it is currently zoned R1 with the ability to build up to a 1000 square foot ADU located on either platted parcel. An additional perk for an investment is that Orange County is in the process of seeking approval for Vision 2050. If passed by the state of Florida, this will change the zoning of this property to an r3/3. This means that you could build two townhomes in addition to the house that's already on the property. Another option is to demolish the house, revert the parcels to their original plat, and have two vacant properties in which to build future Townhomes and duplexes. But, it is not necessary to demolish the house in order to build more on this property if the r3/3 zoning is passed. The state rejected the first vote at having the Vision 2050 passed. The county is appealing. Meanwhile, you have a lovely home on a extremely large lot, in a cul de sac and in a desirable area. This 3 bedroom, 2 bathroom home can be rented out for additional income while the property is being built. Schedule a showing today and take advantage of this incredible opportunity!
Investors' Dream. Two oversized buildable lots in Boone High/Pershing School district. Each lot size is 50x162.
The beauty of this property is that it is currently zoned R1 with the ability to build up to a 1000 square foot ADU located on either platted parcel. An additional perk for an investment is that Orange County is in the process of seeking approval for Vision 2050. If passed by the state of Florida, this will change the zoning of this property to an r3/3. This means that you could build two townhomes in addition to the house that's already on the property. Another option is to demolish the house, revert the parcels to their original plat, and have two vacant properties in which to build future Townhomes and duplexes. But, it is not necessary to demolish the house in order to build more on this property if the r3/3 zoning is passed. The state rejected the first vote at having the Vision 2050 passed. The county is appealing. Meanwhile, you have a lovely home on a extremely large lot, in a cul de sac and in a desirable area. This 3 bedroom, 2 bathroom home can be rented out for additional income while the property is being built. Schedule a showing today and take advantage of this incredible opportunity!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Other
Fencing: Fenced
Flooring: Carpet, Ceramic Tile
Living Area: 1493.00
Other Structures: Workshop
Roof: Shingle
Land Information
Lot Features: Cul-De-Sac
School Information
High School: Boone High
Middle School: PERSHING K-8
School Elementary: Pershing Elem
Garage and Parking
Garage Spaces: 1.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Pets Allowed: Yes
Sewer: Septic Tank
Utilities: Cable Available, Electricity Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Refrigerator
Country: US
Interior Features: Ceiling Fans(s)
Legal Description: NEW LEGAL: PER SURVEY: LOTS 47, 48, AND THE E. 14.50FT OF LOT 49, BLOCK B11, FERNWAY, ACCORDING TO THE PLAT. PLAT THEREOF RECORDED IN PLAT BOOK"O", PAGE 55, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLA. AND THE N. 1/2 OF SIMONTON AVE.ADJACENT TO SAID LOTS
Levels: One
Area Major: 32806 - Orlando/Delaney Park/Crystal Lake
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