$575,000

$612/sq ft

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Overview

Bedroom

3

Bath

2

Year Built

1957

Sqft

940

Property Type

Single Family Residence

Property Description

Exceptional investment and development opportunity in the heart of Orlando, just minutes from Altamonte Springs. Situated on 2.88 acres, this unique property offers endless potential for investors, builders, and developers alike. The main home features 2 bedrooms and 1 bathroom and has been recently remodeled with modern upgrades including granite countertops, new kitchen cabinets, vinyl flooring, an updated bathroom with a ceramic tile shower and new vanity, plus a new electrical panel. The property also includes two AC units for added comfort. In addition, there is a spacious mother-in-law studio offering 2 bedrooms and 1 bathroom, currently tenant-occupied and generating rental income. The property also includes an RV hookup, adding even more flexibility and convenience for owners or guests. The true value of this property lies in the land and its incredible development potential. This is one of the last remaining large parcels in the neighborhood, with the possibility to subdivide and build additional homes. The seller already has a survey available to separate two lots, which will be provided to the new owner. For even greater opportunity, the adjacent property owned by the same seller is also available for purchase (it will be on the market soon), bringing the total combined acreage to approximately 9.5 acres. See the listing for 3412 Oranole Rd for additional details. This property presents an outstanding opportunity for a large residential construction project, especially as the city is currently in the process of approving townhomes in the area. Conveniently located near hospitals, clinics, colleges, shopping, Publix, The Home Depot, restaurants, and major roadways. Don’t miss this rare opportunity — schedule your showing today!

Property Details

MLS#

V4949009

Total Floor in Bldg

1

Address

3508 ORANOLE

City

Orlando

State/county

FL

Zip/Postal Code

32810

Area

N/a

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,128

Maint Fee

$--

Tax Year

2025

Range

Refrigerator

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Boris Gelfand