3316 LAWRENCE ST Orlando, FL 32805
UPDATED:
12/24/2024 06:05 AM
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Merrymount
MLS Listing ID O6244248
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $3,071
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 250x135
Property Description
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Discover a unique investment opportunity with this .77-acre vacant land in Orange County, strategically located within the visionary 2050 Master Plan. Zoned under the New Orange Code T 5.2 Transect Zone, this property offers unparalleled flexibility for forward-thinking developers and investors.
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Potential Projects Include:
• A 23-unit apartment complex or up to 38 AFFORDABLE HOUSING!
• Single-family residences
• Transitional living or affordable housing solutions
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Key Features:
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• Strategic Location:
This land is ideally situated near major employers like the Amazon distribution center, world-class healthcare facilities, and the Kia Center, ensuring maximum convenience for future residents.
• Zoning Versatility:
The T 5.2 Transect Zone supports diverse development possibilities, making it a perfect fit for multifamily housing, single-family homes, or transitional living projects tailored to community needs.
• Close to Iconic Attractions:
Minutes from Disney, UCF's Downtown Campus, the Orlando Soccer Stadium, and Camping World Technology Hub, enhancing the property's appeal to future tenants and homeowners.
• Positioned for Growth:
Located in an area undergoing significant revitalization, this property is set to benefit from Orange County's long-term infrastructure improvements and development initiatives.
• Proximity to Amenities:
With nearby shopping, dining, and recreational facilities, future residents will enjoy a vibrant lifestyle supported by convenient access to public transportation and major highways (408/I-4/Turnpike).
• Exceptional Investment Opportunity:
The growing demand for affordable and transitional housing ensures a strong return on investment while making a lasting impact on the community.
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Property Details:
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• Location: 3316 Lawrence St., Orlando, FL 32805
• Utilities: City water, sewer, and road access via Old Winter Garden Rd. and West Colonial Rd.
• Asking Price: $625,000
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Take the Next Step!
Don't miss out on this rare chance to own a prime piece of real estate in the heart of Orange County's future growth corridor. Start building your vision today!
Contact:
Heather Grooms
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IMPACT FEE CREDIT of $23,000 OPPORTUNITY ZONE! DRY & READY TO BUILD! 1031 EXCHANGE INVESTMENT!
Location
State FL
County Orange
Community Merrymount
Zoning C-3
Exterior
Utilities Available BB/HS Internet Available, Electrical Nearby, Electricity Available, Fire Hydrant, Sewer Available, Street Lights, Water Available, Water Nearby
Building
Lot Description Buildable, Cleared, City Limits, Near Public Transit, Oversized Lot
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Schools
Elementary Schools Rock Lake Elem
Middle Schools Carver Middle
High Schools Jones High
Others
Pets Allowed Yes
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None