8 months on rocket

643 W Oak Ridge Rd, Orlando, FL, 32809

$750,000

3.27 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
MLS #O6194756
Lot Size3.27 Acres
StatusActive

About 643 W Oak Ridge Rd

Development Opportunity in Prime Lakefront Property Multifamily Development Excellent development opportunity in the thriving city of Orlando, Florida. Located at 643 W Oak Ridge Rd, Orlando, FL 32809, this buildable lakefront land offers immense development potential for a small multifamily or mixed-use project. Project Overview: • Land Size: Approximately 3.27 acres, considering the presence of lakefront and small wetland areas. Buildable area 1.6 acres. • Potential Use: Multifamily Residential project, Single Family Residential project, Mixed-Use Project • Location: Lakefront property with road frontage on Oak Ridge Rd. • Utilities: Both sewer and water connections available at land border • Completed Surveys and Due diligence: A survey and CONSERVATION AREA DETERMINATION have already been completed. High and normal water line marked. Utilities availability map obtained. • Preconstruction Meeting: Previous entitlement project make the county interested in developing this land. • Entitlements Status: in 2004 entitled for single family development (6 Single family houses) • Development Opportunity: The county is in the final stages of adopting new development plan and building code this year. This lot is currently residential R3 zoning, per new code it will get T4.3 High Intensity Neighborhood designation with wide range of further potential designations and uses: low, medium and high intensity mixed use.

Property Details

Property Features

Listing Office:

  • Office Name: UNITED REAL ESTATE PREFERRED
  • Office Phone: (407) 243-8840
  • Listing Agent: Alina Shulga

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

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  • Virtual Tour: 643 W Oak Ridge Rd
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Lot Features

Lot Information:

  • Lot Size: 3.27 Acres

Other

Directions Information:

  • Directions: From S Orange Blossom trail head north to W Oak Ridge Rd, the property is right in front of Oak Ridge High School and beside Sunoco Gas Station.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $2,667
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orlando, FL.

Med. Sold Price

$393.9K

Med. Price/SqFt

$243

Avg. Days On Market

56

# of Sold Homes

571

643 W Oak Ridge Rd vs Orlando

244 DAYS ON ROCKET

+188 Days

$750,000

+$356K More

KEY TAKEAWAY

This property is $356K more than the Median Sold Price in Orlando, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6194756

Listing Office:

  • Office Name: UNITED REAL ESTATE PREFERRED
  • Office Phone: (407) 243-8840
  • Listing Agent: Alina Shulga

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 05, 2004Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,667$160,664
2018$2,742$160,664
2017$2,772$160,664

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-94980
4
/10
  • Lancaster Elementary School

  • 6700 Sheryl Ann Dr

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-94981
4
/10
  • Winegard Elementary School

  • 7055 Winegard Rd

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-94982
5
/10
  • Palmetto Elementary School

  • 2015 Duskin Ave

  • 1.39 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,791. The most common annual income of people living in Orlando, FL is less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 643 W Oak Ridge Rd

What is the listing price of this property?

The listing price of 643 W Oak Ridge Rd property is $750,000.

What type of property is this?

The property 643 W Oak Ridge Rd is land located in Orlando, Florida, 32809.

Is this property for sale now?

Active Listing: 643 W Oak Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,667 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 5, 2004 for $350,000. (source: MLS/tax record).

How much acreage is this property?

The property 643 W Oak Ridge Rd is 3.27 acres.
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Rocket HomesFloridaOrange CountyOrlando32809643 W Oak Ridge Rd

This home is located at 643 W Oak Ridge Rd in Orlando, FL and zip code 32809 in the Sky Lake neighborhood. This home sits on a 3.27 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $750,000.

Orlando, FL housing market in November 2024 saw over 79 listings sold above listed price, more than 118 sold at listed price and over 374 sold below. In November 2024 in Orlando, FL there were 1.2% more homes for sale than in October 2024. Listings spent 56 days on the market in November 2024, and had a median list price of $393,946 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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