900 Arlington St Orlando, FL 32805
This exceptional offering presents a rare opportunity to acquire four contiguous residential lots ideally situated in Orlando, Florida. The property encompasses a total of 0.38 acres, with each lot measuring approximately 50 feet wide. Located at 900 Arlington Street, 32805, this land is zoned R-2B/T/PH, allowing for the construction of single-family homes. The lots are situated on a charming red brick street featuring a landscaped median, enhancing the neighborhood's aesthetic appeal. This prime location offers convenient access to Downtown Orlando, the vibrant Creative Village, and Interstate 4, ensuring easy commutes and access to various amenities. Furthermore, the property is just two blocks away from the Orange County Public Schools (OCPS) Academy for Excellence, a K-8 school, making it an attractive location for families. Concept home plans are included, suggesting a projected new home price range of $495,000 to $525,000, presenting a compelling investment opportunity for builders or investors seeking to capitalize on the growth potential of the Downtown Orlando market. This is a unique chance to develop high-value residential properties in a desirable and well-established neighborhood. The asking price for all four lots is $285,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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