Property Description

Under contract-accepting backup offers. This property is being offered AS-IS as value is in the land on this rare acreage development opportunity in Orange County. The property consists of five (5) platted lots under a single parcel ID number offering 271 feet of total lake frontage across 2.18 acres of land (94,833 sf land). Existing improvements on the land include multiple improved structures producing some income-production. Use the income-production to carry your debt service while you decide how to develop the acreage. There is an existing wooden dock servicing the property. The main residential house, which was damaged by fire requires renovation. The property currently has a grandfathered multi-family use under zoning regulations with Future Land Use designation as low-medium density residential. Current zoning is R-1A zoning. Wetland and Boundary Survey identifies lots and existing accessory structures on subject property. This listing presents a rare opportunity to build your custom home and create a masterful lakefront estate overlooking the 78-acre lake, partition the lots for spec building, or develop a small PUD with a shared dock access. Excellent proximity to downtown Orlando, Baldwin Park Village and Winter Park. Great Orange County school district with newer schools.