0 Carpenter Ave Orange City, FL 32763
This exceptional 3.1-acre parcel in Orange City, Florida, presents a rare opportunity for residential development or a private estate. Located on S Carpenter Ave, this high and dry lot boasts mature trees and convenient access to major roadways like W Rhode Island and S Volusia Ave, while maintaining a peaceful, quiet setting. The property is zoned R-4, allowing for a minimum lot size of 7,500 square feet, with potential for an eight-unit subdivision. Alternatively, a zoning change to medium density could yield 15-20 lots, making this a compelling investment opportunity. The site's proximity to public water and sewer connections simplifies development. The property is being sold as-is, requiring the buyer to handle any necessary entitlements and development. A concept site plan and survey are available upon request. Enjoy the convenience of nearby amenities, including Walmart, Target, Publix, AdventHealth Memorial Hospital, golf courses, and local biking/hiking trails. The location also offers easy access to local high, middle, and elementary schools. This versatile property is perfect for building a dream home with ample privacy or for developing a single-family subdivision. The asking price is $189,900. The APN is 8011-08-30-0260.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.