3200 Raeford Rd Orlando, FL 32806

This exceptional 2.18-acre (94,857 sq ft) property in Orlando, Florida, presents a unique investment opportunity. Located on Lake LaGrange in the desirable Conway area, this residentially zoned land offers significant potential for development. A detailed drawing shows the possibility of subdividing the property into three distinct lots, maximizing its value. Lot 1 includes a charming 106-year-old, move-in ready home situated on 0.55 acres. The home features a re-roofed in 2014 and one AC unit replaced in 2016. The remaining acreage provides ample space for additional development. This prime location offers easy access to downtown Orlando, major hospitals, schools, shopping centers, and key transportation arteries including I-4, 528, and 408, as well as the airport and train station. The asking price for this expansive property is $1,600,000. This is an ideal opportunity for developers or investors seeking to capitalize on the thriving Orlando real estate market. The property's address is 3200 Raeford Road, Orlando, FL 32806.