Description
Investors' Dream. Two oversized buildable lots in Boone High/Pershing School district. Each lot size is 50x162. The beauty of this property is that it is currently zoned R1 with the ability to build up to a 1000 square foot ADU located on either platted parcel. An additional perk for an investment is that Orange County is in the process of seeking approval for Vision 2050. If passed by the state of Florida, this will change the zoning of this property to an r3/3. This means that you could build two townhomes in addition to the house that's already on the property. Another option is to demolish the house, revert the parcels to their original plat, and have two vacant properties in which to build future Townhomes and duplexes. But, it is not necessary to demolish the house in order to build more on this property if the r3/3 zoning is passed. The state rejected the first vote at having the Vision 2050 passed. The county is appealing. Meanwhile, you have a lovely home on a extremely large lot, in a cul-de-sac and in a desirable area. This 3 bedroom, 2 bathroom home can be rented out for additional income while the property is being built. Schedule a showing today and take advantage of this incredible opportunity!
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3BEDS
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0.37ACRES
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2BATHS
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01/2 BATHS
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1,493SQFT
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$502$/SQFT
School Information
Description
Investors' Dream. Two oversized buildable lots in Boone High/Pershing School district. Each lot size is 50x162. The beauty of this property is that it is currently zoned R1 with the ability to build up to a 1000 square foot ADU located on either platted parcel. An additional perk for an investment is that Orange County is in the process of seeking approval for Vision 2050. If passed by the state of Florida, this will change the zoning of this property to an r3/3. This means that you could build two townhomes in addition to the house that's already on the property. Another option is to demolish the house, revert the parcels to their original plat, and have two vacant properties in which to build future Townhomes and duplexes. But, it is not necessary to demolish the house in order to build more on this property if the r3/3 zoning is passed. The state rejected the first vote at having the Vision 2050 passed. The county is appealing. Meanwhile, you have a lovely home on a extremely large lot, in a cul-de-sac and in a desirable area. This 3 bedroom, 2 bathroom home can be rented out for additional income while the property is being built. Schedule a showing today and take advantage of this incredible opportunity!
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