2380 SHEPHERD AVENUE

$599,000

$100,900
Price Decreased

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Overview

6.25 acres

Property Description

Owner financing available** Rare opportunity to own 6.33 acres in the rapidly growing Narcoossee Corridor of St. Cloud. This property has access from 2 roads Shepherd ave, and Carson street (via county easement). This lot includes a 3 bedroom, 2 bath manufactured home built in 1984, that has been kept in great shape, ideal for rental income or use during development, or during construction of a custom home, and a metal barn, sold AS-IS. Currently zoned AC in the Eastern portion on the land and R-2 on the West 2 acre lot, the property holds a Future Land Use designation of Low Density Residential, and the county has suggested rezoning to Urban Fringe, which would allow up to two homes per acre with mitigation of the low land. This makes it an excellent candidate for a custom home community or large-lot residential development. Located just minutes from Lake Nona’s Medical City and surrounded by new growth, this parcel is perfect for builders, investors, or families seeking space and long-term opportunity in a high-demand area. Why buy a 0 lot property in Lake Nona when you can have your own private oasis in the middle of the city?. This lots offers a strong foundation for long-term investment. Located just minutes from Lake Nona’s Medical City and surrounded by new growth, this parcel is perfect for builders, investors, or anyone looking for space and opportunity in a high-demand area. **Because getting land loans is a little more complicated, the seller is willing to finance this with a 30% down payment or more and a 7% interest rate, balloon and amortization to be negotiated**. Builder available, however there are no building time restrictions and you may choose the builder of your choice.

Property Details

MLS#

O6342207

Address

2380 SHEPHERD

City

ST CLOUD

State/county

FL

Zip/Postal Code

34771

Area

Narcoossee New Map

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$790

Maint Fee

$--

Tax Year

2023

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Boris Gelfand