Price Reduction
Address
4400 S TEXAS AVENUE Orlando, FL
Price
$ 3,400,000
Property Attributes
  • MLS#O5931394
  • TypeLand
  • CountyORANGE
  • CityOrlando
  • AreaOrlando-Edgewood-Pinecastle
  • NeighborhoodAcreage
  • Zip32839
  • Style
  • Taxes2808
  • Price$ 3,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.07 Acres
Listing Provided Courtesy Of:
EVERREALTY INVESTMENTS, LLC
Data Source:
Stellar MLS
Property 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 32829 PARCEL IDs: 09-23-29-0000-00-017 / 09-23-29-0000-00-042 / 10-23-29-0000-00-004 2ND PHASE: 4374 S TEXAS AVENUE, ORLANDO, FL 32829 PARCEL IDs: 09-23-29-0000-00-037 / 10-23-29-0000-00-080 SEVERAL 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.

Price History
3/19/2021 Listed $3,750,000
3/26/2021 2% - $3,700,000
4/5/2021 6% - $3,500,000
4/14/2021 6% - $3,300,000

General Features

Additional Parcels Y/N Yes
Facing Direction East
MLS Area 32839 - Orlando/Edgewood/Pinecastle
Property Type Land
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdivision Name ACREAGE
Terms Cash
Township 23
Utilities BB/HS Internet Available, Cable Available, Electrical Nearby, Electricity Available, Fiber Optics, Phone Available, Propane, Sewer Available, Street Lights, Utility Pole, Water Available
Water Access Type Pond
Water Access Y/N Yes
Zoning R-3

Exterior Features

Front Footage 630
Lot Dimensions 580 x 580
Lot Features Buildable, May Need To be Filled, Sidewalk, Street Paved, Street Private, Wetlands, Wooded
Lot Size Acres 2.07
Lot Size Square Feet 90169
Number of Lots 5
Road Frontage Type City Street
Vegetation Wooded

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32839

Price
AVG $790K
$3.4M
Taxes
AVG $3,676
$2,808
Visits
AVG 158
132

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