539 Lake AveMaitland , FL 32751
- Residential income properties
Property Details for 539 Lake Ave
- Property type
- Residential income properties
- Property subtype
- Residential land & home lots
Description
539 Lake Ave Maitland is being sold as a land parcel with a residential building. The land lot is .79 acres. The property is in historic Maitland. The buyer can potentially subdivide the propertyinto three lots. The property is zoned RSF-2. Next door, directly to the east of the subject property are several single family residential properties that sit on 9,000 sf lots. As a quick reference, those addresses are 1 Barnard Ct Maitland FL, 3 Barnard Ct Maitland FL, 5 Barnard Ct Maitland FL. Those structures average 1,700 sf as one story properties. A developer should try to do two story structures to maximize the lot. The buyer/developer will benefit from not having to carry all of the debt on the property because there is a tenant occupying the property. They are paying $1900/month. The seller is also willing to hold a note on the property for $300,000 down and competitive interest rate and amortization terms.
Location Insight
- City
- Maitland
- County
- State
- Florida
- Latitude
- 28.6185
- Longitude
- -81.3664
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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