$450,000
Exceptional builder and investor opportunity in a desirable location! This property offers a rare combination of an existing single-family residence and functional in-ground pool situated on an oversized lot with multiple potential redevelopment strategies. The existing home is in need of significant renovation and may provide an opportunity for a buyer to reimagine the structure as a potential duplex, subject to zoning and governmental approvals, or pursue a tear-down and explore the potential to divide the lot into two buildable parcels. The functional in-ground pool adds additional value and flexibility for a renovation-minded buyer or could potentially be incorporated into a future development plan, subject to applicable requirements. Whether renovating, redeveloping or starting fresh, this property offers tremendous upside for an experienced investor or builder. Buyer to independently verify zoning, future land use, lot dimensions, subdivision requirements, density, permitted uses, setbacks, utilities and all other development potential with the appropriate governmental authorities. Property is being sold as-is and is offered primarily as a redevelopment opportunity. For buyers seeking a redevelopment opportunity, the property is also being offered separately as a land/development opportunity under MLS #O6437156. Buyer to independently verify all zoning, land-use, development and building potential with the appropriate governmental authorities. This property is zoned for top-rated schools including Baldwin Park Elementary, Glenridge Middle School and Winter Park High School.
3
Beds
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2
Baths
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Lake Shore Estates
SubDv.
5034 Old Cheney Highway, Orlando
