Bought with RADIUS REALTY GROUP LLC
$445,000
$479,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
3,150 SqFt
SOLD DATE : 05/13/2022
Key Details
Sold Price $445,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 3,150 sqft
Price per Sqft $141
Subdivision Patricks Second Add
MLS Listing ID G5034970
Sold Date 05/13/22
Construction Status Fixer
HOA Y/N No
Year Built 1952
Annual Tax Amount $3,101
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Office
Source Stellar MLS
Property Description
Price Reduction! Opportunity Zone! Located in the City of Orlando on the south side of South Street east of Parramore Avenue. Please verify all following information with city planner: "Future Land Use: City of Orlando Community Activity Center (AC) (.42+/- acres) and Residential Medium (RM) Intensity (.3+/- acres): The purpose of the Activity Center designation is to provide for concentrated areas of community-serving commercial, office, residential, recreational and cultural facilities, at higher intensities than in surrounding neighborhoods. Although some CACs maybe composed of a single type of use, a mixture of land uses is specifically encouraged. The min-max density is 20-40 units/ac for AC; 12-30 units/ac for RM The min-max intensity is .35 -.70 FAR." Possibly Max Development Potential: 11-25 dwelling units and/or a mixed use development with commercial uses. There are no wetlands on the property and it is outside of the floodplain. Access: 162+/1 feet of frontage on South Street Improvements: One 10,436 sf office building. Booming Parramore , South Street, Orlando Area with views of Soccer Stadium and Amway Center. Property is in the Parramore Heritage Overlay. Property Frontage on South St. Can also purchase MLS #G5034971 to obtain reduced price for all 3 parcels. This listing also includes Parcel ID: 35-22-29-6740-01-022
Location
State FL
County Orange
Community Patricks Second Add
Area 32805 - Orlando/Washington Shores
Zoning AC-1/T/PH
Interior
Cooling Central Air
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Concrete
New Construction false
Construction Status Fixer
Others
Ownership Other
Special Listing Condition None
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