643 W OAK RIDGE ROAD ORLANDO FL 32809 MLS #O6194756 | Gary Kusher | Florida Real Estate

643 W OAK RIDGE ROAD
ORLANDO, FL, 32809
$750,000
Beds
0 Baths
0 SqFt
3.27 Acres
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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.

Property Details

Price:
$750,000
MLS #:
O6194756
Status:
Active
Beds:
0
Baths:
0
Address:
643 W OAK RIDGE ROAD
Type:
Land
Subdivision:
ACREAGE
Neighborhood:
32809 – Orlando/Pinecastle/Oakridge/ Edgewood
City:
ORLANDO
Listed Date:
Apr 18, 2024
State:
FL
ZIP:
32809
Lot Size:
142,441 sqft / 3.27 acres (approx)
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Tax Year
2023
Taxes
$4,014

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643 W OAK RIDGE ROAD
ORLANDO, FL