For sale
5034 OLD CHENEY Highway
Orlando, FL, 32807·MLS# O6437156
$450,000
Estimated $2,948/mo estimated
- 0.30 ac
- Lot size
- Land
About this home
Rare builder and investor opportunity to acquire an oversized lot with potential for subdivision into two separate lots, subject to zoning and governmental approvals. The property currently holds a single-family residence and functional in-ground pool; however, the primary value is in the land and its redevelopment potential. Explore the possibilities of dividing the existing parcel and creating two new homesites, or pursue an alternative redevelopment plan. This is an exceptional opportunity for builders, developers and investors seeking a well-located property with significant upside. Buyer to independently verify lot dimensions, zoning, future land use, subdivision requirements, density, permitted uses, setbacks, utilities, access and all other development criteria with the appropriate governmental authorities. Property is being sold as-is. This property is zoned for top-rated schools including Baldwin Park Elementary, Glenridge Middle School and Winter Park High School.
Facts & features
Property
- Type
- Land
- Lot size
- 0.3 acres
Financial
- Annual taxes
- $3,431
Estimate your monthly payment
$2,948/ month estimated
- Principal & interest$2,347
- Property tax$413
- Insurance$188
Illustrative estimate — not a lending offer.
Location
Orlando, FL
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Courtesy of KELLER WILLIAMS WINTER PARK
reThought Real Estate
My local team · (407) 974-5509
$450,000