$1,400,000

About this home

ATTENTION!! ATTENTION!!  BUILDERS... Amazing opportunity for build to rent / build to sell 17 Townhouses in a prime rapidly growing area off  the Narcoossee Corridor just south of Lake Nona and Medical City area. Existing plan consist 32 building with 6 townhomes and 1 building with 5 units, with mix of 3 and 4 bedrooms. Zoned for LDR -2.35 acres this property Property consists of 4 parcels and a portion of vacated right of way. Great access from Narcoossee and Jack Brack Roads.   Perfectly shaped and situated lot with architectural plans to build multi-family residential complex of fine 17 townhomes with attached garages and ,clubhouse and plenty of street parking . Outstanding ROI, solid deal for small or savvy investors to create their own community. There is also an option to add studio above garages for extra cash flow.  Water and Sewer available. Permits are almost ready so are a team of professionals  if you like one stop shopping. Location is everything ,this lot is situated  right near the multibillion dollars development of Neo City, Lake Nona. That means equity , tons of equity, no matter if you build, rent, wait or resell. This incredible lot is located  Nearby access to Hwy 417,  International Airport, Hgwy 528, Nemours Hospital, Newer VA Hospital and UCF Medical College.  Contact  today with all your questions!

Property details

MLS #

MFRS5111206

Property type

Land

Subdivision

NARCOOSSEE NEW MAP OF

Status

Active

Days on market

720

On market date

August 29, 2024

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

2.35 acres