Prime Development Opportunity in a Central Floridas Thriving Opportunity Zone!

Discover a golden chance with this 1.9-acre gem in a Qualified Opportunity Zone, poisd for crafting a 22-unit multifamily marvel. Approved by city planning for a large-scale project, this land offers an unparalleled investment prospect. Embrace the potential of this rapidly growing area, a hotspot for rental demand.

Imagine a community where modern living meets convenience your vision can become the new residential benchmark. Its strategic location near amenities ensures high tenant appeal, making it a lucrative venture. Recently completed multifamily projects nearby underscore the areas development surge. Seize this exceptional opportunity to leave your mark on Central Florida's housing landscape. Act now transform this vacant lot into a sought-after residential haven!

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on 4518 Arch St
in Orlando, FL
Presented by Michael Bellamy at
REDFIN CORPORATION.


Property MLS #O6017620 from StellarMLS

+ Reveal additional info including schools and tax history

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+ Bathrooms

Total Bathrooms: 0

+ Exterior and Lot Features

Frontage Length: 68
Road Frontage Type: City Street
Road Surface Type: Asphalt

+ Land Info

Lot Description: Buildable, Near Public Transit
Lot Size Acres: 1.9
Lot Size Dimensions: 154x486
Number of Lots: 1
Lot Size Square Feet: 82764

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 643
Source Listing Status: Active
County: Orange
Current Use: Unimproved
Directions: Head East on West Colonial Drive. North onto Mercy Drive. Left onto Arch Street. Lot on Left.
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Land
Area: 32808 - Orlando/Pine Hills
Source Neighborhood: FAIRGROUND ESTATES
Parcel Number: 20-22-29-2590-00-010
Postal Code Plus 4: 7806
Subdivision: FAIRGROUND ESTATES
Township: 22
Zoning: PD/W
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $28,500 $28,500	$634
2021	$unknown + $28,500 $28,500	$643
2020	$unknown + $28,500 $28,500	$621
2019	$unknown + $24,510 $24,510	$454
2018	$unknown + $15,200 $15,200	$376
2017	$unknown + $11,400 $11,400	$337
2016	$unknown + $10,811 $10,811	$329
2015	$unknown + $10,811 $10,811	$334
2014	$unknown + $unknown $10,811	$337
2013	$unknown + $unknown $10,811	$325
2012	$unknown + $unknown $10,811	$326
2011	$unknown + $unknown $10,920	$329
2010	$unknown + $unknown $10,920	$323
2009	$unknown + $unknown $41,281	$884
2008	$unknown + $unknown $59,827	$1,196
2007	$unknown + $unknown $64,373	$1,219

+ Reveal Property Sale History

Price Changed 2023-11-28
$707,750
StellarMLS

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Price Changed 2023-05-01
$745,000
StellarMLS

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Price Changed 2022-10-31
$749,500
StellarMLS

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Listed 2022-04-13
$795,000
StellarMLS

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Sold 2019-04-15
$264,000
StellarMLS

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Listed 2016-03-14
$264,000
StellarMLS

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Sold 2002-02-19
$70,000
Public Record

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Sold 2001-06-14
$46,500
Public Record

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Sold 1998-08-19
$55,500
Public Record

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Sold 1997-01-09
$35,800
Public Record

+ Accessibility Features

Access: Electric Lines

+ Utilities

Sewer: Public Sewer
Sewer Available
Water Available

+ Building and Construction

Direction Faces: North

+ Display Complete School Details

Rock Lake Elementary School is a public elementary school located approximately 1.8 miles away.
Map directions

Maynard Evans High School is a public high school located approximately 1.8 miles away.
Map directions

Carver Middle School is a public elementary and middle school located approximately 2.1 miles away.
Map directions

Baptist Temple School is a private elementary, middle and high school located approximately 0.3 miles away.
Map directions