Description
Fantastic opportunity to purchase a large tract of land with a completely remodeled bungalow on the property. Located in the densely populated area of east Orlando at the northwest intersection of East Colonial Drive (HWY 50) and the Central Florida Greenway (417), the land contains approximately 1.76 acres or about 76,665 square feet. Located on the property is a 780sqft fully remodeled bungalow, with 2 bedrooms and 1 bathroom. The kitchen contains new appliances, granite countertops and new cabinetry. All of the original hardwood floors have been sanded and restored, along with the bathroom which has all new flooring, vanity, toilet, tile and bathtub. This appears to be a prime property for rezoning by subdividing the existing bungalow and developing the remaining land. The current owner has no plans for development and all due diligence would need to be performed by any potential buyer planning on developing the land. However, with the current housing shortage here in Orlando this much land is a great opportunity!
Location
Courtesy of: CHARLES RUTENBERG REALTY ORLANDO All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided by My Florida Regional MLS DBA Stellar MLS for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Updated: 4th July, 2022 1:54 AM (UTC)
