$375,000
$405,000 7.4%
Est. payment /mo
0.52 Acres Lot
Sold on 12/20/2024
831 S PARRAMORE AVE Orlando, FL 32805
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UPDATED:
Key Details
Sold Price $375,000
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Acreage
MLS Listing ID O5987087
Annual Tax Amount $1,521
Lot Size 0.520 Acres
Property Sub-Type Multi-Family
Property Description
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.
Location
State FL
County Orange
Community Acreage
Zoning R-2B/T/PH
Exterior
Utilities Available Cable Available, Electrical Nearby, Electricity Available, Public, Water Available
Building
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by JAMES F. HURST II, BROKER
Bought with WRA BUSINESS & REAL ESTATE
Bought with WRA BUSINESS & REAL ESTATE