Land - Real Estate in Orlando
Listing Price: $630,000
Description of Property
HUGE PRICE REDUCTION! County up-zoning parcel to 30 du/ac! Property is at the junction of E Colonial Drive and the terminus of SR 408 and is surrounded by upscale apartments, single family, and newly developed retail. Orange County Vision 2050 is upzoning the parcel to newly created T4.1 Transect (new name for Zoning District) and Proposed Place Type (new name for Future Land Use) of Traditional Neighborhood, with a max density of 30 dwelling units per acre. County shows 3.15 acres buildable, 1 acre of wetlands at the north end of the property. Parcel is adjacent to recently built luxury apartment complexes that sold for $510,000 per acre in 2021. Located on access road off Woodbury Rd. East Colonial has 46,500 vehicles per day and Woodbury Rd has almost 20,000 vehicles per day. Located minutes from UCF, Central Florida Research Park, Valencia College, Waterford Lakes, and every kind of retail available nearby. 15 minutes to downtown Orlando via the 408 Expressway.
Property Details At A Glance
Property Type: Land
City: Orlando
County: Orange
Annual Tax: $428
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Wooded
Lot Size (acres): 4.15
Lot Size (sq. ft.): 180,774 square feet
Lot Dimensions: IRR
Road Frontage: Main Thoroughfare
Current Adjacent Use: Multi-Family
Legal Description & Other Information
Parcel Number: 232231000000014
Zoning: R-1
Tax Legal Desc.: THE W1/2 OF E1/2 OF SW1/4 OF NW1/4 OF SEC 23-22-31 (LESS R/W ON N & E)
Section: 23
Range: 31
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
