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!
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2BEDS
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1.76ACRES
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1BATHS
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01/2 BATHS
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780SQFT
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$564$/SQFT
School Ratings & Info
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!
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