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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

$ 550,000

Est. payment | -/mo

5 Beds

3 Baths

2,194 SqFt

Save Virtual Tour

$ 550,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

2,194 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,194 sqft

Price per Sqft $250

Subdivision Sunshine Gardens

MLS Listing ID O6425549

Bedrooms 5

Full Baths 3

Construction Status Fixer

HOA Y/N No

Year Built 1947

Annual Tax Amount $3,583

Lot Size 0.550 Acres

Acres 0.55

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Under contract-accepting backup offers. Exceptional Investment & Development Opportunity in College Park! Rare opportunity to own a 0.55 acre corner parcel in one of the Orlando area's most desirable and rapidly growing locations. This unique property features three existing homes, offering multiple possibilities for investors, builders , or homeowners looking to create something special. Two of the existing residence are ideal candidates for renovation and can provide excellent rental income, while the third best suited for demolition. Whether your looking to renovate, build your dream home, develop multiple residences, or hold as an income- producing investment , this property offers tremendous flexibility. There is also the potential to subdivide the property into three separate lots(buyer to verify). The two livable homes include refrigerators, washer and dryer, water heater, septic tanks, newer drain field. Recent improvements on the 2 homes include roof - 04/22, updated plumbing-05/24. newer water heater, newer drain field. Located in quiet, established neighborhood with convenient access to College park, Winter Park, Downtown Orlando and I-4access.This property is ideally positioned near shopping, dining, entertainment , parks, and major employment centers. Properties offering this combination of size, income potential and redevelopment opportunities are becoming increasingly rare. Don't miss your chance to secure this exceptional investment before its gone!
See Realtor remarks for home information and rezoning.

Location

State FL

County Orange

Community Sunshine Gardens

Area 32804 - Orlando/College Park

Zoning R-1A

Interior

Interior Features Built-in Features

Heating Central, Electric

Cooling Central Air

Flooring Terrazzo

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Laundry In Kitchen

Exterior

Exterior Feature Private Yard

Community Features Street Lights

Utilities Available Electricity Available, Electricity Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Exposure North

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Block, Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Unit Floor 1

Structure Type Block

New Construction false

Construction Status Fixer

Schools

Elementary Schools Killarney Elem

Middle Schools College Park Middle

High Schools Edgewater High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6425549

Listed by Linda Mardegan ORLANDO REGIONAL REALTY

NEARBY SCHOOL & BUSINESS

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL, 32827, United States

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4916 ELI ST Orlando, FL 32804