Residential Property - Single Family Residence in Orlando
Listing Price: $799,000
Description of Property
Attention all interested parties. This home is currently built over two adjoining land parcels, which gives you a lot of extra land space. It is in a top rated school zone and is in close proximity to both elementary and middle school. The beauty of this property is that it is currently zoned R1 with the ability to build up to a 1000 square foot ADU located on either platted parcel. An additional perk for an investment is that Orange County is in the process of seeking approval for Vision 2050. If passed by the state of Florida, this will change the zoning of this property to an r3/3. This means that you could build two townhomes in addition to the house that's already on the property. Another option is to demolish the house, revert the parcels to their original plat, and have two vacant properties in which to build future Townhomes and duplexes. But, it is not necessary to demolish the house in order to build more on this property if the r3/3 zoning is passed. The state rejected the first vote at having the Vision 2050 passed. The county is appealing. Meanwhile, you have a lovely home on a extremely large lot, in a cul-de-sac and in a desirable area. Schedule a showing today and take advantage of this incredible opportunity!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Orlando
County: Orange
Subdivision: Fernway
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 2,030
Sq. Ft. Living Area: 1,493
Cost per (heated) sqare foot: $535
Year built: 1978
Annual Tax: $6,205
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Refrigerator
Flooring: Ceramic Tile
Schools
Elementary School: Pershing Elem
Middle/Junior High School: PERSHING K-8
High School: Boone High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Ranch
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Garage: Yes
Garage Spaces: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures: Workshop
View:
Fencing: Fenced
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Features: Cul-De-Sac
Lot Size (acres): 0.37
Lot Size (sq. ft.): 16,077 square feet
Front Exposure: South
Additional Parcels: Yes
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 072330269611470
Zoning: R-1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: NEW LEGAL: PER SURVEY: LOTS 47,48,AND THE E. 14.50FT OF LOT 49,BLOCK B11,FERNWAY,ACCORDING TO THE PLAT. PLAT THEREOF RECORDED IN PLAT BOOK"O",PAGE 55,OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLA. AND THE N. 1/2 OF SIMONTON AVE.ADJACENT TO SAID LOTS
Section: 7
Range: 30
Listing courtesy of COLDWELL BANKER RESIDENTIAL RE. 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.
