Sabal Street, Orlando, FL 32833

$50,000

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List Price
$50,000
Status
Active
Days on Market
526
Price Change
▼ $5,000 1777410723
MLS#
O6301958
Lot Size
53,143
Acres
1.22
Total Acreage
1 to less than 2
Legal Subdivision Name
Rocket Citya
MLS Area Major
Orlando/Wedgefield/Rocket City/Cape Orlando

Property Description

EXCELLENT LAND OPPORTUNITY IN WEDGEFIELD — APPROXIMATELY 1.12 ACRES! Located on a quiet dead-end street, this approximately 1.12-acre parcel offers a unique opportunity for a buyer willing to complete the necessary due diligence and entitlement process. The lot measures approximately 75 x 300 feet and is currently offered at $50,000, reflecting the additional steps that may be required before development. The listing broker recently met with Orange County to discuss the property and potential development path. Based on information provided during that meeting, the property may have a path toward future residential development; however, it is NOT currently build-ready and all development is subject to Orange County review and approval. Potential next steps may include rezoning from the current agricultural zoning to an appropriate residential classification, obtaining a Conservation Area Determination (CAD) to identify the official location and extent of any wetlands, and pursuing a variance related to the approximately 75 feet of road frontage. The current $50,000 asking price reflects the time, expense, entitlement work, and due diligence that may be required. Should the seller complete additional entitlement work or obtain development approvals, the asking price may be adjusted accordingly. Vacant land buyers are strongly encouraged to independently verify zoning, wetlands, environmental conditions, utilities, access, frontage requirements, building requirements, permitting, and all intended uses directly with Orange County and the appropriate governmental agencies. Bring your vision and explore the possibilities this property may have to enjoy. The listing broker is also available to help buyers and their agents better understand the due diligence process and information received from Orange County. Approximately 1.12 Acres | Approx. 75 x 300 Feet | Dead-End Street | Wedgefield Area | Offered at $50,000

Additional Information

Taxes
$313
HOA Payment Schedule
Annually
Community Features
Golf Carts OK, Golf, Stable(s), Horses Allowed, No Deed Restriction, Golf Community
Zoning
A-2
Utilities
BB/HS Internet Available, Electrical Nearby, Public, Water Available
Pool
No Pool
Pets
Allowed
Flood Zone Code
X
Parcel ID
25-23-32-9632-00-953
Legal Description
ROCKET CITY UNIT 4A Z/110 A/K/A CAPE ORLANDO ESTATES UNIT 4A 1855/292 THE E 75 FT OF W 225 FT OF TR 95

Listing courtesy of LANDLORD FINDERS BUILD REAL ESTATE LLC. 407-697-4311

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