NOT LISTED FOR SALE

Estimated Value: $2,633,369

9.05 Acres
$290,980 Price per Acre
394,218 Sq Ft Lot

Last Sold January 07, 2020

Last sale price $1,870,000

Est. 41% increase in value since last sale

Current estimated payment $16,308/month

1,707 Days on Market

Highlights

  • Airport or Runway
  • No HOA
  • Heating Available
  • 9.05 Acre Lot

About This Lot

As of January 2020

PRICE IMPROVEMENT! 9 Acres of strategically located industrial land on expanding Hoffner Road just minutes from Orlando International Airport. Fully entitled and approved land with concurrency encumbrance letter for four (4) 20,400 square foot buildings. Retention pond in place. Soil reports, survey, construction drawings, concurrency encumbrance approval, and other reports available. Zoning: Vacant Commercial O-1/AN 42981sqft
Vacant Industrial I-P/AN 304920 sqft
Submerged I-P/AN 46173.6 sqft

Last Agent to Sell the Property

Carey Light

WEMERT GROUP REALTY LLC License #3132431 Listed on: 12/23/2014

WEMERT GROUP REALTY LLC

Last Buyer's Agent

Jim Light

License #3243761

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,845

Lot Details

  • 9.05 Acre Lot
  • Property is zoned I-P/AN

Location

  • City Lot

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 21-23-30-0000-00-030

Community Details

Overview

  • No Home Owners Association
  • Acreage & Unrec Subdivision

Amenities

  • Airport or Runway

Property Details

Property Type

Land

Est. Annual Taxes

$14,845

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 9.05
  • Lot Size Sq Ft: 394075
  • Status: Sold
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98421
  • Price per Sq Ft: 4.75
  • Close to Original List Price Ratio: 1.1
  • View: No
  • Ownership: Other
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Airport/Runway
  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: I-P/AN
  • Parcel Number: 21-23-30-0000-00-030
  • Additional Parcels: No
  • Current Use: Industrial
  • Lot Features: City Lot, In County
  • Lot Dimensions: 0
  • Millage Rate: 19.2
  • Price Per Acre: 206630
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 14845
  • Tax Block: 00
  • Tax Book Number: 0/0
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Jan 7, 2020
Sold by
Hofner Investment Group Inc
Bought by
Masbeth Realty Ada Compliant Lp
Seller's Agent
Carey Light
WEMERT GROUP REALTY LLC
Buyer's Agent
Jim Light
List Price
$1,400,000
Sold Price
$1,870,000
Premium/Discount to List
$470,000
33.57%
Current Estimated Value
$2,633,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,369

Purchase Details

Listed on
Dec 23, 2014
Closed on
Jan 4, 2020
Sold by
Hoffner Investment Group Inc
Bought by
Masbeh Realty Ada Complaint Lp
Seller's Agent
Carey Light
WEMERT GROUP REALTY LLC
Buyer's Agent
Jim Light
List Price
$1,400,000
Sold Price
$1,870,000
Premium/Discount to List
$470,000
33.57%

Purchase Details

Closed on
Feb 21, 2000
Sold by
Arrigoitia Enrique D
Bought by
Hoffner Investment Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Masbeth Realty Ada Compliant Lp -- Attorney
Masbeh Realty Ada Complaint Lp $1,870,000 None Available
Hoffner Investment Group Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2020 01/07/20 Sold $1,870,000 -1.6% --
08/26/2019 08/26/19 Pending -- -- --
08/09/2019 08/09/19 Price Changed $1,900,000 +18.8% --
03/11/2019 03/11/19 Price Changed $1,600,000 +14.3% --
09/30/2018 09/30/18 For Sale $1,400,000 -25.1% --
09/29/2018 09/29/18 Off Market $1,870,000 -- --
08/03/2018 08/03/18 For Sale $1,400,000 0.0% --
07/06/2018 07/06/18 Pending -- -- --
01/09/2018 01/09/18 Price Changed $1,400,000 -12.5% --
07/19/2017 07/19/17 Price Changed $1,600,000 -5.9% --
04/04/2017 04/04/17 For Sale $1,700,000 0.0% --
03/01/2016 03/01/16 Pending -- -- --
12/22/2014 12/22/14 For Sale $1,700,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $232,517 $13,154,246 $2,041,839 $11,112,407
2024 $229,436 $12,421,046 $2,041,839 $10,379,207
2023 $229,436 $12,224,868 $2,042,627 $10,182,241
2022 $24,561 $1,324,413 $1,324,413 $0
2021 $20,507 $1,082,937 $1,082,937 $0
2020 $12,203 $1,040,290 $1,040,290 $0
2019 $12,384 $1,020,745 $1,020,745 $0
2018 $14,845 $1,387,509 $1,387,509 $0
2017 $13,765 $1,261,016 $1,261,016 $0
2016 $13,571 $1,224,507 $1,224,507 $0
2015 $13,760 $1,224,507 $1,224,507 $0
2014 $5,468 $242,142 $242,142 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5337137

Stellar MLS

APN: 21-2330-0000-00-030