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Key Details
Sold Price $1,170,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Acreage
MLS Listing ID O5889174
Sold Date 02/08/21
Construction Status Inspections
HOA Y/N No
Annual Tax Amount $5,927
Lot Size 5.050 Acres
Acres 5.05
Lot Dimensions 220x1001
Property Description
5+/- Acres located within the most sought after area known as Winderemere, FL within the Horizon West Development Corridor. Rare opportunity for developer, investor, land banker, to acquire a residential development track o land within Windermere, FL with site plan approval for 18-21 single family or town home lots. The current approved plan presnets 21 townhomes featureing 3-bedrooms, three & half bathroom towm home floor plan. Land also ocnsist of existing 3 BR, 3.5 BA 2095/SF built in 2004. Site is surronded by new developments such as the newest development being built on the 235 acre site featuring custom homes staring in the high 700's price pult, and surronding developments such as Pulte homes, Park Square, Mattamy homes on Reams Road is expanding from a 2 lane road to 4 lanes. SIte is just minutes from the back gates of Disney World and the newest school and elementary school coming 2021. Record permits are being pulled witin the corridor of Horizon West and Windermere FL. The construction of Orlando Health in Hamlin has brough even more growth to this corridor. Current tenant occupys property and lease expires on June 2022 whcih allows one to generate income while pulling construction permits. Seller is motivated and will consider JV and or will hold paper for the right financial partnership. Present all offers.
Location
State FL
County Orange
Community Acreage
Zoning P-D
Exterior
Utilities Available Cable Available, Electricity Available, Public
Building
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Construction Status Inspections
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with ASHLEY HOLMES REALTY LLC