Active

$4,700,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRO6273158
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Don’t miss out on this one perfect 12.34 acre property available for residential redevelopment! This property has been approved for 52 single family lots (preliminary site plan available). Option 1: Cost-Effective Enhancement Plan - Estimated Duration: 6 (+-) months - Estimated Seller/Developer Cost: $40,000 This option focuses on achieving significant cost savings while slightly enhancing project yield. 1. We are working on reducing infrastructure costs by: • Requesting Osceola County approval to only improve Anderson Road up to the project entrance. • Relocating the retention pond to enable dual frontage along the project's main access road. 2. These changes are expected to lower infrastructure expenses by approximately 30% (+-). 3. We also plan to increase the number of Single Family units from 52 to 54, enhancing investment returns. Option 2: Major Redevelopment Plan - Estimated Duration: 12 (+-) months - Estimated Seller/Developer Cost: $200,000 This option involves a complete redesign of the community to maximize Unit count and Revenue potential. 1. Includes all cost-reduction strategies from Option 1. 2. Submit a new permit request to replace the current 52 Single Family Units with 98 Townhomes. 3. This approach significantly increases the project density, resulting in higher overall ROI. These options are currently under review and discussion. We believe both plans offer Substantial Potential and we will update Builders and Investors as developments progress
Financial Considerations
Price:
$4,700,000
HOA Fee:
N/A
Tax Amount:
$14203.11
Price per SqFt:
$8.74
Tax Legal Description:
BEG 621 FT W & 25 FT N OF SE COR GOVT LOT 2, N 500 FT, W 1075.5 FT, S 500 FT, E 1075.5 FT TO POB
Exterior Features
Lot Size:
537618
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    4441 ANDERSON RD
Contact a Professional
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  • Communication and Transparency
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