For sale· 10 days on market

3508 ORANOLE

Orlando, FL, 32810·MLS# V4949009

$575,000

Estimated $3,766/mo estimated

3
Bedrooms
2
Bathrooms
940
Sq ft
2.88 ac
Lot size
1957
Year built
$612
Per sq ft
  • New listing
  • Residential
  • Built 1957
  • 2.88 acre lot

About this home

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!

Facts & features

Interior

Bedrooms
3
Bathrooms
2 full
Living area
940 sqft

Property

Type
Residential
Year built
1957
Lot size
2.88 acres

Financial

Annual taxes
$4,128.52
Price / sqft
$612

Estimate your monthly payment

$115,000

$3,766/ month estimated

  • Principal & interest$2,999
  • Property tax$527
  • Insurance$240

Illustrative estimate — not a lending offer.

Location

Orlando, FL

Similar homes nearby

Courtesy of HOME WISE REALTY GROUP, INC.

reThought Real Estate

My local team · (407) 974-5509

Choose a day

Choose a time of day

Free, no obligation · A reThought agent confirms within the hour during business hours.

Listing data courtesy of HOME WISE REALTY GROUP, INC.. My request routes to reThought Real Estate in DashBrew CRM.

$575,000

3 bd · 2 ba · 940 sqft