3508 Oranole Road, Orlando, FL 32810

$575,000
3
BD
2
BA
940
SqFt

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Listing courtesy of HOME WISE REALTY GROUP, INC.. 407-712-2000

List Price
$575,000
Status
ACTIVE
Days on Market
175
MLS#
V4949009
Subtype
Residential
Style
One Story
Year Built
1957
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
940
Lot Size
125,500
Acres
2.88
Subdivision
N/A
MLS Area Major
Orlando/Lockhart

Property Description

Back on the market! Buyer financing fell through. Exceptional investment and development opportunity in the heart of Orlando, just minutes from Altamonte Springs. Situated on 2.88 acres, this unique property offers endless potential for investors, builders, and developers alike. The main home features 2 bedrooms and 1 bathroom and has been recently remodeled with modern upgrades including granite countertops, new kitchen cabinets, vinyl flooring, an updated bathroom with a ceramic tile shower and new vanity, plus a new electrical panel. The property also includes two AC units for added comfort. In addition, there is a spacious mother-in-law studio offering 2 bedrooms and 1 bathroom, currently tenant-occupied and generating rental income. The property also includes an RV hookup, adding even more flexibility and convenience for owners or guests. The true value of this property lies in the land and its incredible development potential. This is one of the last remaining large parcels in the neighborhood, with the possibility to subdivide and build additional homes. The seller already has a survey available to separate two lots, which will be provided to the new owner. For even greater opportunity, the adjacent property owned by the same seller is also available for purchase (it will be on the market soon), bringing the total combined acreage to approximately 9.5 acres. See the listing for 3412 Oranole Rd for additional details. This property presents an outstanding opportunity for a large residential construction project, especially as the city is currently in the process of approving townhomes in the area. Conveniently located near hospitals, clinics, colleges, shopping, Publix, The Home Depot, restaurants, and major roadways. Don’t miss this rare opportunity — schedule your showing today!

Additional Information

Interior Features
Stone Counters
Exterior Features
RV Hookup
Financing
Cash, Conventional
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-1
Appliances
Range, Refrigerator
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
RV Hookup
Stories
1
Levels
One
Roof
Metal, Other
Foundation
Slab

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