A rare opportunity to purchase a property for redevelopment within two city blocks at Lake Eola (downtown Orlando’s crown jewel city park scheduled for a $32 million capital improvement/Master Plan). This is a premier location adjacent to Thornton Park historic district (restaurants, bars, retail, residential). Walkscore™ of 93 is very walkable. The 0.22-acre parcel is approved for five (5) dwelling units. This is an ideal opportunity for a residential builder, developer, or investor. In addition, the parking requirements for this location are only 1 parking space per dwelling unit! Possibility to acquire duplex on the East side of the subject property and therefore increase the total land size for a PD (higher density).
Financial Considerations
Price:
$1,190,000
HOA Fee:
N/A
Tax Amount:
$6293
Price per SqFt:
$123.62
Tax Legal Description:
J W WILMOTT REVISION J/47 LOT 29 & E 25.4 FT OF LOT 28 BLK B
Exterior Features
Lot Size:
9626
Lot Features:
Buildable, Curb and Gutters, Fire Hydrant, City Limits, Interior Lot, Level, Sidewalk, Street Lights, Paved