5031 Carter Street, Orlando, FL 32811

$169,000

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List Price
$169,000
Status
Active
Days on Market
4
MLS#
O6427561
Lot Size
6,710
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
L C Coxs Add
MLS Area Major
Orlando/Orlo Vista/Richmond Heights

Property Description

PRIME ORLANDO LAND OPPORTUNITY – 3 CONTIGUOUS LOTS AVAILABLE | ZIP 32811 Excellent opportunity for builders, investors, or anyone looking to develop in one of Orlando's rapidly growing areas. Three contiguous vacant lots are available for purchase together for $169,000 (approximately $56,300 per lot), offering flexibility for your next residential development project. The surrounding neighborhood continues to experience strong growth, with numerous new construction homes nearby. Recent sales of newly built homes in the area have reached approximately $325,000 for homes around 1,200 square feet, making this an attractive investment opportunity. Depending on zoning and City requirements, the property may offer the potential for single-family or multi-family residential development, including the possibility of a duplex or triplex. Important Development Information: The lots currently front an unimproved (dirt) road. Buyers should be aware that the City of Orlando may require street improvements, road construction, permits, and other infrastructure requirements before issuing permits for residential construction. Buyers are solely responsible for contacting the City of Orlando to verify all requirements, including zoning, permitted uses, setbacks, street improvement obligations, utility availability, impact fees, engineering requirements, and any other approvals needed prior to development. Prime Location Approximately 5 miles to Downtown Orlando Less than 5 miles to the Mall at Millenia Approximately 15 minutes to Universal Orlando Resort Convenient access to major highways, shopping, restaurants, schools, and employment centers This is an off-market opportunity offering excellent long-term potential in one of Central Florida's fastest-growing markets. Buyer is responsible for independently verifying all information with the City of Orlando and any other applicable agencies. Seller makes no representations or warranties regarding zoning, development potential, street requirements, permitting, or future use of the property.

Additional Information

Taxes
$440
Community Features
No Deed Restriction
Zoning
R-1
Utilities
Public
Pool
No Pool
Flood Zone Code
x
Parcel ID
31-22-29-1800-04-230
Legal Description
L C COXS ADDITION R/42 LOT 23 BLK D

Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO. 407-622-2122

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