$325,000

$174/sq ft

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Overview

Year Built

1940

Sqft

1866

Property Type

Mixed Use

Property Description

We are pleased to present this LDR/Industrial site for sale. The FLU for this parcel, 434 Ring Road, is LDR (Low Density Residential) which allows up to 4 dwelling units/acre. The Buyer can do a rezoning and FLU map amendment to switch the property to Industrial, and it would probably be successful given most of the block is already industrial (Orange County). The site consists of a 3-bedroom, 1 bath house with a tenant whose lease will be expiring in February 2026 and a second 1 bedroom, 1 bath house on a month-to-month lease. The buyer can determine if they want to keep the existing houses with tenants and structure new leases or demolish both houses for redevelopment as LDR or Industrial. The houses were built in the 1940s.

Property Details

MLS#

O6364398

Total Floor in Bldg

1

Address

434 RING

City

Orlando

State/county

FL

Zip/Postal Code

32811

Area

Orange Heights

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,778

Maint Fee

$--

Tax Year

2024

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Boris Gelfand