Developers Special! Builders Delight!! Seller is willing to get this re-zoned. Seller financing is available with 20% downpayment, over a 25-30 year term at standard 5.5-6% interest rate. THIS IS A RARE CHANCE OF A LIFETIME!Utilities available near the site, behind is progressive apartment complex. NOT A WETLAND. Vacant land is close to schools, major roads and amenities in fast-growth area. With improvements, you can build 20 units per acre on this 3.3 acre parcel.
On a busy street, traffic count is from 30,500-34000 cars per day. The property’s highly favorable zoning code of R-1A authorizes the construction of multi-family and single-family homes. The main lifestyle tapestry segmentation is Family Foundations and Urban Edge Families. Due to its location, just north of Highway 50 and adjacent to Hiawassee Elementary and Robinswood Middle School, any future residential development will smoothly blend into the suburban atmosphere. As multi-family rent and demand steadily grow in the West Orlando Submarket, development in the area will follow. Heavy demand and slight supply-side growth should evoke investor confidence throughout the market.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 2nd December, 2023 11:20 AM (UTC)