$3,400,000

4400 S Texas Avenue

ORLANDO FL, 32839

Description

UPDATE: SELLERS OBTAINED AN AGREEMENT WITH THE CITY FOR SCHOOL CONCURRENCY (OTHER PROJECTS IN THE AREA HAVE BEEN DENIED AND HAVE TO WAIT FOR 2 - 3 YEARS) AND PAID PARTIALLY FOR IMPACT FEES WHICH WILL NEED TO BE REIMBURSED BY BUYER.ALL LOTS INCLUDED ALONG WITH PROJECT AND PERMITS IN PURCHASE PRICE.1ST PHASE: 4400 S TEXAS AVENUE, ORLANDO, FL 32829PARCEL IDs: 09-23-29-0000-00-017 / 09-23-29-0000-00-042 / 10-23-29-0000-00-0042ND PHASE: 4374 S TEXAS AVENUE, ORLANDO, FL 32829PARCEL IDs: 09-23-29-0000-00-037 / 10-23-29-0000-00-080SEVERAL LOTS INCLUDED FOR A TOTAL OF 7.83 ACRES WITH PROJECT AND PERMITS READY TO BUILD 142 APARTMENTS. FOR BROCHURE, PLANS, DRAWINGS, REPORTS AND PERMITS PLEASE SEND AN EMAIL REQUESTING DOCUMENTS AND I WILL SEND YOU THE NDA.ONLY VACANT LOT IN THE AREA. READY TO BUILD 142 APARTMENTS RENTAL COMMUNITY WITH PROJECT AND PERMITS APPROVED, SITE WORK APPROVED YOU CAN BEGIN CONSTRUCTION IMMEDIATELY. PLEASE SEND ANY OFFERS WITH POF DIRECTLY ME EMAIL. PROJECT WITH LOTS OF VALUE ENGINEERING. ALL SOFT COSTS HAVE BEEN PAID BY OWNERS EXCEPT FOR IMPACT FEES. INCENTIVES FROM THE CITY MIGHT BE AVAILABLE. SITE WORK APPROVED, ALL DRAWINGS SETS ARE COMPLETED, WAITING ON VERTICAL PERMITS APPROVAL ONLY.EverRealty is offering the opportunity to acquire a Land with Project and Permits Approved by the County for the Construction of a Multi-Family, Garden Style, Rental Community of 142 units in two phases of 60 and 82 units, in a high demand area for rents in Orlando, Florida with close proximity to the Central Business District and just minutes away from the well-known Millenia Mall. San Marino is strategically located in a central location just minutes away from major points of interest within the city. Such demand generators include the Central Business District of Orlando (huge employment generator), The Mall at Millenia, Orlando International Airport, Universal Studios and the future Universal new theme park Epic among others.

Details

MLS#O5931394
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site49

Features

ZoningR-3
Acreage2.07
Golf CourseN
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Area Information
StateFL
CountyOrange
CityORLANDO
Zip Code32839
Area32839 - OrlandoEdgewoodPinecastle
Community NameACREAGE
Listing VS Median (in ACREAGE)
Price:
$3,400,000
low | high
Med:
$419,900
100% of Average
On Site:
49
low | high
Med:
49
100% of Average
Sourced by Back At You
Listing Updated: May 7, 2021 4:04:39 AM PDT
Roberto De Jesus LogoMLS Number: O5931394
Listing Provided By:
Roberto De Jesus  of  EVERREALTY INVESTMENTS LLC

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