3508 ORANOLE ROAD, Orlando, Florida, United States, 32810

575,000
for Sale
3
2
125,500

About the property:

Under contract-accepting backup offers. 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!
Property Type:
Single Family Residence
Status:
for Sale
House Style:
Other
Bedrooms:
3
Bathrooms:
2
Full Bathrooms:
2
Acres:
2.88
Square Feet:
940
Area:
32810 - Orlando/Lockhart
Central A/C:
Yes
Central A C Details:
Central Air
Water:
Well
Heating:
Central
Exterior:
RV Hookup
Interior Features:
Stone Counters
Appliances:
Range, Refrigerator
Sewer:
Septic Tank
Directions:
Take FL-436 W, Pass by Taco Bell (on the right in 0.5 mi) Use the left 2 lanes to turn left onto FL-434, Turn right onto Calumet Dr, Turn right onto Oranole Rd, Destination will be on the left
Association Fee:
0
Is Den:
Yes
Is Acreage:
Yes
Is Investment:
Yes
Is New Kitchen:
Yes
Annual Property Taxes:
4,128.52
Listing ID:
V4949009

Rooms

Dimensions

First
Living Room
Primary Bedroom
Kitchen
Brokered by:
Home Wise Realty Group
Presented By:

Varsha Patel, P.A.

REALTOR®

Home Wise Realty Group