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.
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.
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
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.
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 05, 2004
May 05, 2004Home Sold
$350,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,667
$160,664
2018
$2,742
$160,664
2017
$2,772
$160,664
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lancaster Elementary School
6700 Sheryl Ann Dr
Distance between this listing and this school0.89 miles
Public District Grades PK-5
4
/10
Winegard Elementary School
7055 Winegard Rd
Distance between this listing and this school1.32 miles
Public District Grades PK-5
5
/10
Palmetto Elementary School
2015 Duskin Ave
Distance between this listing and this school1.39 miles
Public District Grades PK-5
Nearby Schools
3
/10
Walker Middle School
150 Amidon Ln
Distance between this listing and this school0.93 miles
Public District Grades 6-8
8
/10
Cornerstone Academy Charter
5903 Randolph Ave
Distance between this listing and this school1.13 miles
Public Charter Grades KG-8
4
/10
Westridge Middle School
3800 W Oak Ridge Rd
Distance between this listing and this school2.16 miles
Public District Grades 6-8
Nearby Schools
2
/10
Oak Ridge High School
700 W Oak Ridge Rd
Distance between this listing and this school0.02 miles
Public Magnet Grades 9-12
1
/10
Chancery High Charter
7001 S Orange Blossom Trl
Distance between this listing and this school0.79 miles
Public Charter Grades 9-12
6
/10
Cornerstone Charter Academy High School
5903 Randolph Ave
Distance between this listing and this school1.13 miles
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).
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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.