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    650 Main Street

    Altamonte Springs, FL 32701
    • $395,000
    • STATUS: Pending
    • ON SITE: 34 days
    • MLS #: O5895198
    Pending
    UPDATED: 29 min ago
    $395,000
    • 0
      BEDS
    • 0.97
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    RARE OPPORTUNITY to RESTORE or DEVELOP a 1 ACRE PARCEL (.968 acre) with 5 lots totaling 222' FRONTAGE X 190' DEEP. (Will NOT Separate; Sold as ONE Parcel only.) MOR-1 ZONING (mixed office residential) and NO HOA. ON *NORTHERN HALF* OF THE 5 LOTS EXISTS: 1) a 1929 Fixer Upper Home; 2) a Screened In-Ground Pool in good condition; and 3) Several Garage and Storage Buildings on site in fair condition. (Abuts parking lot of Lg. commercial bldg). *SOUTHERN HALF* OF THE 5 LOTS IS UNCLEARED (Abuts SFHs). ***Just minutes to the 414 at Maitland Ave and business area of Maitland Center.*** LIVE/WORK TOWNHOMES suggested by City of Altamonte, OR restore it to your liking to improve and enjoy the large beautiful lot, OR perhaps subdivide the South half of parcel to sell off or build on. Other MOR-1 options *may* be 5 RES TOWNHOMES or SUBDIVIDING the 5 LOTS into 3 or 4 Lots for SINGLE FAMILY HOMES. Homes across the street in Oak Springs Sub built in the 1990s have appx. values of $250-$350k. Numerous opportunities for the right Developer/Builder/Homeowner. HIGHEST AND BEST USE *MAY* BE 2-STORY OFFICE CONDOS similar to Trumbull Office Center a 1/3 mile away on .61 acres with (706 Turnbull Condo #104 sold for $204k in 2017). EXCELLENT LOCATION just 1 block off of Maitland Ave and 1 mile to 414/Maitland Blvd. See numerous attachments and City guidelines for MOR-1 Zoning. CASH purchase preferred. Will not qualify for FHA or VA. (NOTE: If Demo is Buyers objective, Seller reserves right to remove some attached historic and other items from property prior to closing.) BUYER MUST COMPLETE DUE DILIGENCE WITH CITY OF ALTAMONTE AND NOT RELY ON DATA WITHIN LISTING.

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 for consumers 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. Data last updated 2020-10-30T18:41:23.023.
    www.armelrealestate.com/homes/110422153
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    650 Main Street Altamonte Springs, FL 32701

    • Price: $395,000
    • Status: Pending
    • Updated: 29 min ago
    • MLS #: O5895198
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.97
    Acres
    Neighborhood:
    Stewarts Sub
    County:
    Seminole
    Area:
    Altamonte Springs East
    Property Description
    RARE OPPORTUNITY to RESTORE or DEVELOP a 1 ACRE PARCEL (.968 acre) with 5 lots totaling 222' FRONTAGE X 190' DEEP. (Will NOT Separate; Sold as ONE Parcel only.) MOR-1 ZONING (mixed office residential) and NO HOA. ON *NORTHERN HALF* OF THE 5 LOTS EXISTS: 1) a 1929 Fixer Upper Home; 2) a Screened In-Ground Pool in good condition; and 3) Several Garage and Storage Buildings on site in fair condition. (Abuts parking lot of Lg. commercial bldg). *SOUTHERN HALF* OF THE 5 LOTS IS UNCLEARED (Abuts SFHs). ***Just minutes to the 414 at Maitland Ave and business area of Maitland Center.*** LIVE/WORK TOWNHOMES suggested by City of Altamonte, OR restore it to your liking to improve and enjoy the large beautiful lot, OR perhaps subdivide the South half of parcel to sell off or build on. Other MOR-1 options *may* be 5 RES TOWNHOMES or SUBDIVIDING the 5 LOTS into 3 or 4 Lots for SINGLE FAMILY HOMES. Homes across the street in Oak Springs Sub built in the 1990s have appx. values of $250-$350k. Numerous opportunities for the right Developer/Builder/Homeowner. HIGHEST AND BEST USE *MAY* BE 2-STORY OFFICE CONDOS similar to Trumbull Office Center a 1/3 mile away on .61 acres with (706 Turnbull Condo #104 sold for $204k in 2017). EXCELLENT LOCATION just 1 block off of Maitland Ave and 1 mile to 414/Maitland Blvd. See numerous attachments and City guidelines for MOR-1 Zoning. CASH purchase preferred. Will not qualify for FHA or VA. (NOTE: If Demo is Buyers objective, Seller reserves right to remove some attached historic and other items from property prior to closing.) BUYER MUST COMPLETE DUE DILIGENCE WITH CITY OF ALTAMONTE AND NOT RELY ON DATA WITHIN LISTING.
    Exterior Features

    Current Adjacent Use CommercialProfessional OfficeResidential Direction Faces East Front Footage 222 Lot Features BuildableCurb And GuttersIn City LimitsLevel/FlatMay Need To Be FilledOversized LotStreet Paved Lot Size Dimensions 222X190 Other Structures Workshop Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Association Yn No Cdd Yn No Community Features None Disclosures Seller Property Disclosure Flood Zone Code XAe For Lease Yn No Listing Terms CashConventional Pet Restrictions Check With City Of AltamonteAlthough There Are Likely No Restrictions On Number Of Pets Allowed. Pets Allowed Yes Planned Unit Development Yn No Property Sub Type Residential Realtor Info See AttachmentsSignSold As-Is Special Listing Conditions None Tax Annual Amount 3931.45 Tax Year 2019 Utilities Cable ConnectedSewer ConnectedStreet LightsWater Connected Zoning Mor-1


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Future Home Realty Inc.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 for consumers 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. Data last updated 2020-10-30T18:41:23.023.
     
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