643 West Oak Ridge Road, ORLANDO, FL

$750,000

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3.27

Acres

About 643 West Oak Ridge Road

Development Opportunity in Prime Lakefront Property Multifamily Development Excellent development opportunity in the thriving city of Orlando, Florida. Located at 643 W Oak Ridge Rd, Orlando, FL 32809, this buildable lakefront land offers immense development potential for a small multifamily or mixed-use project. Project Overview: • Land Size: Approximately 3.27 acres, considering the presence of lakefront and small wetland areas. Buildable area 1.6 acres. • Potential Use: Multifamily Residential project, Single Family Residential project, Mixed-Use Project • Location: Lakefront property with road frontage on Oak Ridge Rd. • Utilities: Both sewer and water connections available at land border • Completed Surveys and Due diligence: A survey and CONSERVATION AREA DETERMINATION have already been completed. High and normal water line marked. Utilities availability map obtained. • Preconstruction Meeting: Previous entitlement project make the county interested in developing this land. • Entitlements Status: in 2004 entitled for single family development (6 Single family houses) • Development Opportunity: The county is in the final stages of adopting new development plan and building code this year. This lot is currently residential R3 zoning, per new code it will get T4.3 High Intensity Neighborhood designation with wide range of further potential designations and uses: low, medium and high intensity mixed use.

Features of 643 West Oak Ridge Road

MLS® # O6194756
Price $750,000
Bathrooms 0.00
Acres 3.27
Type Land
Sub-Type Land
Status Active

Community Information

Address 643 West Oak Ridge Road
Area Orlando/Pinecastle/Oakridge/ Edgewood
Subdivision ACREAGE
City ORLANDO
County Orange
State FL
Zip Code 32809

Amenities

Is Waterfront Yes
Waterfront Lake
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed April 18th, 2024
Days on Market 14
Zoning R-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeUNITED REAL ESTATE PREFERRED

Listing Map

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