5034 Old Cheney Highway, Orlando, FL 32807

$450,000
3
BD
2
BA
1,301
SqFt

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List Price
$450,000
Status
Active
Days on Market
0
MLS#
O6436793
Property Style
Single Family
Architectural Style
Ranch
Year Built
1952
Bedrooms
3
Bathrooms
2
Living Area
1,301
Lot Size
13,113
Acres
0.30
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Lake Shore Estates
MLS Area Major
Orlando/Azalea Park/Park Manor

Property Description

Exceptional builder and investor opportunity in a desirable location! This property offers a rare combination of an existing single-family residence and functional in-ground pool situated on an oversized lot with multiple potential redevelopment strategies. The existing home is in need of significant renovation and may provide an opportunity for a buyer to reimagine the structure as a potential duplex, subject to zoning and governmental approvals, or pursue a tear-down and explore the potential to divide the lot into two buildable parcels. The functional in-ground pool adds additional value and flexibility for a renovation-minded buyer or could potentially be incorporated into a future development plan, subject to applicable requirements. Whether renovating, redeveloping or starting fresh, this property offers tremendous upside for an experienced investor or builder. Buyer to independently verify zoning, future land use, lot dimensions, subdivision requirements, density, permitted uses, setbacks, utilities and all other development potential with the appropriate governmental authorities. Property is being sold as-is and is offered primarily as a redevelopment opportunity. For buyers seeking a redevelopment opportunity, the property is also being offered separately as a land/development opportunity under MLS #O6437156. Buyer to independently verify all zoning, land-use, development and building potential with the appropriate governmental authorities. This property is zoned for top-rated schools including Baldwin Park Elementary, Glenridge Middle School and Winter Park High School.

Additional Information

Minimum Lease
7 Months
Location
Level, Near Public Transit, Oversized Lot, Unincorporated
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-2
Interior Layout
Ceiling Fans(s), Thermostat
Interior Features
Ceiling Fans(s), Thermostat
Floor
Ceramic Tile, Vinyl
Appliances
Dryer, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Electricity Connected
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Concrete
Exterior Features
None
Roof
Shingle
Foundation
Slab
Pool
Private
Pool Type
Gunite
Garage Carport
1 Car Carport
Garage Features
Driveway, Parking Pad
Elementary School
Baldwin Park Elementary
Middle School
Glenridge Middle
High School
Winter Park High
Fences
Chain Link, Fenced
Pets
Allowed

Listing Courtesy Of KELLER WILLIAMS WINTER PARK, Contact: 407-545-6430

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