Active

$575,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 940 sq ft
Overview
  • ID: MFRV4949009
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 940 sq ft
Property Details
Remarks
Exceptional investment and development opportunity in the heart of Orlando, just minutes from Altamonte Springs. Situated on 2.88 acres, this unique property offers endless potential for investors, builders, and developers alike. The main home features 2 bedrooms and 1 bathroom and has been recently remodeled with modern upgrades including granite countertops, new kitchen cabinets, vinyl flooring, an updated bathroom with a ceramic tile shower and new vanity, plus a new electrical panel. The property also includes two AC units for added comfort. In addition, there is a spacious mother-in-law studio offering 2 bedrooms and 1 bathroom, currently tenant-occupied and generating rental income. The property also includes an RV hookup, adding even more flexibility and convenience for owners or guests. The true value of this property lies in the land and its incredible development potential. This is one of the last remaining large parcels in the neighborhood, with the possibility to subdivide and build additional homes. The seller already has a survey available to separate two lots, which will be provided to the new owner. For even greater opportunity, the adjacent property owned by the same seller is also available for purchase (it will be on the market soon), bringing the total combined acreage to approximately 9.5 acres. See the listing for 3412 Oranole Rd for additional details. This property presents an outstanding opportunity for a large residential construction project, especially as the city is currently in the process of approving townhomes in the area. Conveniently located near hospitals, clinics, colleges, shopping, Publix, The Home Depot, restaurants, and major roadways. Don’t miss this rare opportunity — schedule your showing today!
Financial Considerations
Price:
$575,000
HOA Fee:
N/A
Tax Amount:
$4128.52
Price per SqFt:
$611.7
Tax Legal Description:
W 132 FT OF NW1/4 OF NE1/4 OF NW1/4 & E65 FT OF NE1/4 OF NW1/4 OF NW1/4 (LESS 30 FT R/W ON N) SEC 28-21-29
Exterior Features
Lot Size:
125500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal, Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1957
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
RV Hookup
Additional Features 2:
N/A
Map
  • Address
    3508 ORANOLE RD
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 688,990
avt
Daniel Dourado
$ 550,000
avt
Daniel Dourado
$ 391,110
avt
Daniel Dourado
$ 715,000
avt
Daniel Dourado
$ 339,900
avt
Daniel Dourado
$ 379,990
avt
Daniel Dourado
$ 329,900
avt
Daniel Dourado
$ 300,000