$560,000
$650,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,632 SqFt
SOLD DATE : 03/29/2024
Key Details
Sold Price $560,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,632 sqft
Price per Sqft $343
Subdivision University Heights
MLS Listing ID O6176030
Sold Date 03/29/24
Bedrooms 3
Full Baths 2
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1950
Annual Tax Amount $2,714
Lot Size 0.320 Acres
Acres 0.32
Property Description
This investment opportunity in the historic College Park district sounds promising. The property has already been approved to be split into two lots. The lot size is 100x140 (the lots can be split into two 50X140 lots going back to original designation of 1010 and 1012) and it has already been rezoned from R-1 to R-1A. The location of the property is advantageous, being across the street from Bishop Moore High School and St. Charles. It is also close to Edgewater High School, College Park Middle School, and 1.5 miles from downtown College Park.
Additionally, the property is close to the new upcoming Packing District and the new YMCA. Its proximity to I-4 makes it easily accessible, with downtown Winter Park and downtown Orlando only 15 minutes away and Florida Hospital just 10 minutes away.
The property already has gas provided by TECO and utilizes a septic system. The existing house on the property is a 3-bedroom, 2-bathroom home that was renovated in 2018. The renovation included updates to the kitchen with stainless steel appliances, new wood flooring throughout, new windows, and a new roof. This could make the house attractive as a rental property while you sort out the building plans for the new lots.
Privacy is also a notable feature of the property, as 8-foot-high, 6-foot-deep privacy hedges cover 80% of the lot. Additionally, there is an approximately 20-foot cactus that could be sold or incorporated into the new builds, providing the privacy of an established home.
Overall, this investment opportunity in the College Park district offers the potential to develop two lots in a desirable location with nearby amenities and convenient access to major routes and facilities.
Location
State FL
County Orange
Community University Heights
Zoning R-1A
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Central Air
Flooring Wood
Fireplace false
Appliance Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
Laundry In Garage
Exterior
Exterior Feature Lighting
Garage Spaces 1.0
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block,Concrete
New Construction false
Construction Status Inspections
Schools
Elementary Schools Lake Silver Elem
Middle Schools College Park Middle
High Schools Edgewater High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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