Address
4518 Arch STREET, ORLANDO, FL
Price
$ 707,750
Property Attributes
  • MLS#O6017620
  • TypeLand
  • CountyORANGE
  • CityORLANDO
  • AreaOrlando-Pine Hills
  • NeighborhoodFairground Estates
  • Zip32808
  • Style
  • Taxes$ 643
  • Price$ 707,750
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.9 Acres
Data Source:
Stellar MLS
Property Description

**Prime Development Opportunity in a Central Florida’s Thriving Opportunity Zone!** Discover a golden chance with this 1.9-acre gem in a Qualified Opportunity Zone, poised for crafting a 22-unit multifamily marvel. Approved by city planning for a large-scale project, this land offers an unparalleled investment prospect. Embrace the potential of this rapidly growing area, a hotspot for rental demand. Imagine a community where modern living meets convenience – your vision can become the new residential benchmark. Its strategic location near amenities ensures high tenant appeal, making it a lucrative venture. Recently completed multifamily projects nearby underscore the area’s development surge. Seize this exceptional opportunity to leave your mark on Central Florida's housing landscape. Act now – transform this vacant lot into a sought-after residential haven!

Price History
4/13/2022 Listed $795,000
10/31/2022 6% - $749,500
5/1/2023 1% - $745,000
11/29/2023 5% - $707,750

General Features

Sewer Public Sewer
Utilities Sewer Available,Water Available
Zoning PD/W
Tax Year 2021
Current Use Unimproved
Percent Ownership Fee Simple
County Orange
Property Type Land
HOA / Comm Assn No
Subdivision Name FAIRGROUND ESTATES
Facing Direction North
Status Active
Directions Head East on West Colonial Drive. North onto Mercy Drive. Left onto Arch Street. Lot on Left.
City ORLANDO
Buyer Agent Compensation 2.5%
MLS Area 32808 - Orlando/Pine Hills
Lot Size Units Acres
Lot Size Square Feet 82764
Waterfront Y/N No
Street Name Arch
Listing Terms Cash
Tax Annual Amount 643
Public Remarks **Prime Development Opportunity in a Central Floridas Thriving Opportunity Zone!** Discover a golden chance with this 1.9-acre gem in a Qualified Opportunity Zone,poised for crafting a 22-unit mul
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6017620
Days on Market 646
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description FAIRGROUND ESTATES 66/42 LOT 1
Water Access Y/N No
Water View Y/N No

Interior Features

Street Suffix STREET

Exterior Features

Lot Features Buildable,Near Public Transit
Water Source None
Lot Size Area 1.9
Lot Dimensions 154 x 486
Lot Size Acres 1.9
Road Surface Type Asphalt
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32808

Price
AVG $870K
$710K
Taxes
AVG $995
$643
Visits
AVG 316
760
Data Provided by Inside Real Estate®
Walkscore
AVG 33
33
Data Provided by Walkscore® not using MLS data

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