NOT LISTED FOR SALE

Estimated Value: $299,759 - $1,431,000

0.3 Acre
$2,260,843 Price per Acre
13,068 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $270,000 $145 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,748/month

543 Days on Market

About This Lot

As of May 2022

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 ob 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 #G5034970 which includes 2 additional parcels as shown in photographs. *All information provided by the seller.

Last Agent to Sell the Property

Elizabeth Downes

HEIRLOOM REALTY INTERNATIONAL License #3238375 Listed on: 10/21/2020

Last Buyer's Agent

Ellen Sousa

RADIUS REALTY GROUP LLC License #3258784

RADIUS REALTY GROUP LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,312

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 208x60
  • Property is zoned R-2B/T/PH

Community Details

  • Patricks Second Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 1
  • Assessor Parcel Number 35-22-29-6740-01-014

Property Details

Property Type

Land

Est. Annual Taxes

$1,312

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13055
  • Status: Sold
  • Street Direction: W
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.90301
  • Price per Sq Ft: 20.68
  • Close to Original List Price Ratio: 0.90301
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: Other
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 162
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0245F
  • Disclosures: Other

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: R-2B/T/PH
  • Parcel Number: 35-22-29-6740-01-014
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Dimensions: 208x60
  • Price Per Acre: 900000
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Current Adjacent Use: Commercial, Professional Office, Residential, Vacant

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1312.27
  • Tax Block: 1
  • Tax Book Number: A-134
  • Tax Lot: 14

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $270,000 -9.7% $145 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
10/19/2020 10/19/20 For Sale $299,000 -- $160 / Sq Ft
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 $2,371 $225,000 $225,000 --
2024 $4,493 $225,000 $225,000 --
2023 $4,493 $225,000 $225,000 $0
2022 $1,437 $55,613 $55,613 $0
2021 $1,360 $50,522 $50,522 $0
2020 $1,312 $50,522 $50,522 $0
2019 $3,401 $157,961 $49,478 $108,483
2018 $3,445 $158,577 $47,128 $111,449
2017 $3,327 $150,863 $47,128 $103,735
2016 $3,232 $147,457 $45,692 $101,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5034971

Stellar MLS

APN: 35-2229-6740-01-014