3508 Oranole Road, Orlando, FL 32810
- $575,000
- 3
- BD
- 2
- BA
- 940
- SqFt
- List Price
- $575,000
- Status
- Active
- Days on Market
- 78
- MLS#
- V4949009
- Property Style
- Single Family
- Year Built
- 1957
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 940
- Lot Size
- 125,500
- Acres
- 2.88
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- N/A
- MLS Area Major
- Orlando/Lockhart
Property Description
Exceptional investment and development opportunity in the heart of Orlando, just minutes from Altamonte Springs. Situated on 2.88 acres, this unique property offers endless potential for investors, builders, and developers alike. The main home features 2 bedrooms and 1 bathroom and has been recently remodeled with modern upgrades including granite countertops, new kitchen cabinets, vinyl flooring, an updated bathroom with a ceramic tile shower and new vanity, plus a new electrical panel. The property also includes two AC units for added comfort. In addition, there is a spacious mother-in-law studio offering 2 bedrooms and 1 bathroom, currently tenant-occupied and generating rental income. The property also includes an RV hookup, adding even more flexibility and convenience for owners or guests. The true value of this property lies in the land and its incredible development potential. This is one of the last remaining large parcels in the neighborhood, with the possibility to subdivide and build additional homes. The seller already has a survey available to separate two lots, which will be provided to the new owner. For even greater opportunity, the adjacent property owned by the same seller is also available for purchase (it will be on the market soon), bringing the total combined acreage to approximately 9.5 acres. See the listing for 3412 Oranole Rd for additional details. This property presents an outstanding opportunity for a large residential construction project, especially as the city is currently in the process of approving townhomes in the area. Conveniently located near hospitals, clinics, colleges, shopping, Publix, The Home Depot, restaurants, and major roadways. Don’t miss this rare opportunity — schedule your showing today!
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Additional Information
- Taxes
- $4128
- Minimum Lease
- 1 Month
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-1
- Interior Layout
- Stone Counters
- Interior Features
- Stone Counters
- Floor
- Luxury Vinyl
- Appliances
- Range, Refrigerator
- Utilities
- Electricity Available, Electricity Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- RV Hookup
- Roof
- Metal, Other
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X*
- Parcel ID
- 28-21-29-0000-00-003
- Legal Description
- W 132 FT OF NW1/4 OF NE1/4 OF NW1/4 & E65 FT OF NE1/4 OF NW1/4 OF NW1/4 (LESS 30 FT R/W ON N) SEC 28-21-29
Listing courtesy of HOME WISE REALTY GROUP, INC.. 407-712-2000
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