2317 N Hiawassee, Orlando, Florida 32818

  • $895,000

Description

Developers Special! Builders Delight!! Seller is willing to get this re-zoned. Seller financing is available with 20% downpayment, over a 25-30 year term at standard 5.5-6% interest rate. THIS IS A RARE CHANCE OF A LIFETIME!Utilities available near the site, behind is progressive apartment complex. NOT A WETLAND. Vacant land is close to schools, major roads and amenities in fast-growth area. With improvements, you can build 20 units per acre on this 3.3 acre parcel. On a busy street, traffic count is from 30, 500-34000 cars per day. The property’s highly favorable zoning code of R-1A authorizes the construction of multi-family and single-family homes. The main lifestyle tapestry segmentation is Family Foundations and Urban Edge Families. Due to its location, just north of Highway 50 and adjacent to Hiawassee Elementary and Robinswood Middle School, any future residential development will smoothly blend into the suburban atmosphere. As multi-family rent and demand steadily grow in the West Orlando Submarket, development in the area will follow. Heavy demand and slight supply-side growth should evoke investor confidence throughout the market.

Details

  • Property ID S5082710
  • Price $895,000
  • Land Area 3.3 Acres
  • Property Type Land
  • Property Status Expired

Additional details

  • Listing Terms Cash, Private Financing Available, Special Funding
  • Utilities Electrical Nearby, Sewer Nearby, Street Lights, Water Nearby
  • Sewer Public Sewer
  • County Orange
  • Property Type Land
  • Elementary School Hiawassee Elem
  • Middle School Robinswood Middle
  • High School Evans High
  • Address: 2317 N HIAWASSEE
  • City: Orlando
  • State/county: FL
  • Zip/Postal Code: 32818
  • Country: US

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