$405,000
Pending

831 S PARRAMORE AVENUE

Orlando, FL 32805
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Under contract-accepting backup offers. Build you portfolio in the OPPORTUNITY ZONE. Each unit is under 50k for the dirt. Property had 3 Duplexes on site so Impact fee credits for 6 units that alone saves 75k for the project in impact fees. Soccer stadium is 4 blocks away. City has developed 500 units across the street. 1 mile from new UCF / Valencia campus. Property has been through extensive City review in Pre Planning and has received an approval for 8 units, the only approval needed at this point is the final plat. Architect and Engineer have been working with the city to finalize a plan for more units. The development team will stay on board if wanted to see the project through 50k has already been spent on these plans. A lot of pre planning has been performed on this property. All buildings have been cleared and ready to start.

  • Property Details
      • Utility FeaturesCable Available, Electrical Nearby, Electricity Available, Public, Water Available
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • Original List Price$399,000
      • MLS #O5987087
      • MLS #O5987087
      • SubdivisionACREAGE
      • Utility SourcePublic
      • CountyOrange
      • Taxes Annual$1,521
      • Cost405000
      • Acres0.52
      • Property SubtypeLand
      • Days on Market (Cumulative)797

Location

Lakeland Florida Real EstateLakeland Florida Real Estate
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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