$479,000

640 W South Street

ORLANDO FL, 32805

Description

Price Reduction! Opportunity Zone! Located in the City of Orlando on the south side of South Street east of Parramore Avenue. Please verify all following information with city planner: "Future Land Use: City of Orlando Community Activity Center (AC) (.42+/- acres) and Residential Medium (RM) Intensity (.3+/- acres): The purpose of the Activity Center designation is to provide for concentrated areas of community-serving commercial, office, residential, recreational and cultural facilities, at higher intensities than in surrounding neighborhoods. Although some CACs maybe composed of a single type of use, a mixture of land uses is specifically encouraged. The min-max density is 20-40 units/ac for AC; 12-30 units/ac for RM The min-max intensity is .35 -.70 FAR." Possibly Max Development Potential: 11-25 dwelling units and/or a mixed use development with commercial uses. There are no wetlands on the property and it is outside of the floodplain. Access: 162+/1 feet of frontage on South Street Improvements: One 10,436 sf office building. Booming Parramore , South Street, Orlando Area with views of Soccer Stadium and Amway Center. Property is in the Parramore Heritage Overlay. Property Frontage on South St. Can also purchase MLS #G5034971 to obtain reduced price for all 3 parcels. This listing also includes Parcel ID: 35-22-29-6740-01-022

Details

MLS#G5034970
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1952
Days On Site34

Features

SQ Feet3,150
ZoningAC-1/T/PH
Acreage0.24
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Area Information
StateFL
CountyOrange
CityORLANDO
Zip Code32805
Area32805 - OrlandoWashington Shores
Listing VS Median (in 32805)
Price:
$479,000
low | high
Med:
$162,400
100% of Average
SqFt:
3,150
low | high
Med:
1,001
100% of Average
$ / SqFt:
$152
low | high
Med:
$163
42.488826680872% of Average
On Site:
34
low | high
Med:
14
100% of Average
Listing Updated: October 29, 2020 4:28:19 PM PDT
Elizabeth Downes LogoMLS Number: G5034970
Listing Provided By:
Elizabeth Downes  of  HEIRLOOM REALTY INTERNATIONAL

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