$500,000
For Sale
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Attention investors and developers! This lot has future zoning of multi-family! Located next to a Seminole County Opportunity Zone, this is your chance to own one or two side-by-side Lake Mobile lakefront lots for a total of 3.47 acres! There's a price adjustment if both are purchased. See MLS OO593736 for 2nd lot details. Currently zoned residential, future land use is medium density of 10 units/acre. Lots are partially cleared with some trees. There's 192.42 street front and 56.62 lakefront footage. The lot is located just blocks from the new East Town Center in Altamonte Springs and the Sun-Rail Station. Future plans include multi-use urban businesses, housing, and parks in a new walkable development. Located in an exceptional school district and close to shopping, restaurants, a top-rated hospital, huge shopping mall, major roads and I-4. Welcome to your newest development project!

  • Property Details
      • Elementary SchoolAltamonte Elementary
      • Utility FeaturesStreet Lights
      • Middle SchoolMilwee Middle
      • High SchoolLyman High
      • Property TypePurchase
      • CountySeminole
      • Original List Price$500,000
      • MLS #O5903737
      • MLS #O5903737
      • Cost500000
      • Acres1.83
      • Days on Market (Cumulative)1497
      • Taxes Annual$565
      • Property SubtypeLand

Location

William Barnes | BrokerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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