Orlando, FL 32805,831 S PARRAMORE AVE
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Orlando, FL 32805,831 S PARRAMORE AVE
Orlando, FL 32805,831 S PARRAMORE AVE
Orlando, FL 32805,831 S PARRAMORE AVE
Orlando, FL 32805,831 S PARRAMORE AVE

$375,000

Est. payment /mo

$405,000

7.4%
Est.Price: ?

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831 S PARRAMORE AVE Orlando, FL 32805

0.52 Acres Lot

SOLD DATE : 12/20/2024

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

Sold Date 12/20/24

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $1,521

Lot Size 0.520 Acres

Acres 0.52

Lot Dimensions 170x132

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

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Construction Status Inspections

Others

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by JAMES F. HURST II, BROKER
Bought with JAMES F. HURST II, BROKER
agent

Rebecca Merson

Advisor

+1(386) 314-8107

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