643 Oak Ridge RdOrlando, FL 32809

Property Details for 643 Oak Ridge Rd

Lot size

3.29 AC

Property type

Mixed-use properties

Property subtype

Other mixed-use properties

Description

This exceptional 3.29-acre lakefront property in Orlando, Florida, presents a remarkable development opportunity. Located at 643 W Oak Ridge Rd, 32809, in Orange County, this parcel boasts 270 feet of road frontage on Oak Ridge Road and offers stunning lake views. Currently zoned R-3, the property is poised for significant upside with the county's imminent adoption of a new development plan and building code, which will reclassify the land to a T4.3 High Intensity Neighborhood designation. This allows for a wide range of uses, including low, medium, and high-intensity mixed-use projects. While previously entitled for six single-family homes (in 2004), the new zoning opens doors to multifamily residential, single-family residential, or mixed-use developments. The buildable area is approximately 1.8 acres, accounting for lakefront and wetland areas. A completed survey, conservation area determination, and utilities availability map are readily available. Sewer and water connections are accessible at the property border. The asking price for this exceptional opportunity is $700,000. The APN is 23-23-29-0000-00-138. Don't miss this chance to capitalize on Orlando's thriving real estate market.

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.4727

Longitude

-81.3855

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