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Key Details
Sold Price $280,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Rose Sharon
MLS Listing ID O5762584
Sold Date 03/15/19
HOA Y/N No
Annual Tax Amount $5,424
Lot Size 2.540 Acres
Acres 2.54
Lot Dimensions 385X275X396X274
Property Sub-Type Residential
Property Description
Fantastic MULTI-FAMILY opportunity for developers and investors! This property is located in the heart of a demanding RENTAL HOT SPOT with STRONG OCCUPANCY history. Average apartment rental rates in the area are $1100 one bedrooms / $1400 two bedrooms / $1500 three bedrooms. Easy access to major roads, restaurants, shopping, and business district. Minutes from downtown Orlando. 2.5 acres, partially cleared, and LARGE CORNER lot with a study flow of traffic in a very well kept community of residences. Property land area and measurements are estimates and should be verified by the buyer.
Location
State FL
County Orange
Community Rose Sharon
Zoning R-3B/W
Exterior
Utilities Available Electrical Nearby, Water Nearby
Building
Lot Description Corner Lot, City Limits, Paved
Lot Size Range Two + to Five Acres
Sewer Public Sewer
Water None
Schools
Elementary Schools Killarney Elem
Middle Schools College Park Middle
High Schools Edgewater High
Others
Ownership Fee Simple
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition Real Estate Owned
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Bought with KELLER WILLIAMS ADVANTAGE 2 REALTY