Duplex Use - ORLANDO, FL
This Is A Vacant Land Property Perfect For Building A Duplex Or Tandem Houses. The Sales Price In The Area New Construction Is $200 Per SqFt. And Because Is The Downtown Area Sales Are Fast. If An Investor Would Like To Keep The Property As Rental The Average Price For Rentals In Downtown Is $1.74 Per SqFt. The vacancy rate for the Zip code is less than 5%. The SqFt that could be built on the lot is 2,500 SqFt. NOTE the lot is short by a foot and building a duplex or a tandem concept will require a variance, however city of Orlando officials have expressed they are willing to approve the variance. In case of a single family house no variance is needed and 3,100 SqFt could be built on the property.
Would you like more information regarding this property?
Please call (407) 343-4245.
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