831 S PARRAMORE AVENUE ORLANDO FL 32805 MLS #O5987087

831 S PARRAMORE AVENUE
ORLANDO, FL, 32805
$405,000
Beds
0 Baths
SqFt
0.52 Acres
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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.

Property Details

Price:
$405,000
MLS #:
O5987087
Status:
Active
Beds:
0
Baths:
0
Address:
831 S PARRAMORE AVENUE
Type:
Land
Subdivision:
ACREAGE
City:
ORLANDO
Listed Date:
Nov 18, 2021
State:
FL
ZIP:
32805
Lot Size:
22,442 sqft / 0.52 acres (approx)
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Buyer Agent Compensation
3.0%%
Tax Year
2020
Taxes
$1,521

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831 S PARRAMORE AVENUE
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