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Map
$560,000
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House -
Off Market
1012 Venetian AVENUE
ORLANDO, FL 32804
3 Beds
2 Baths
1632 Sqft
$3,418
Estimated Monthly
$0
HOA / Fees
4.20%
Cap Rate
About This Property
This investment opportunity in the historic College Park district
sounds promising. The property has already been approved to be
split into two lots. The lot size is 100x140 (the lots can be split
into two 50X140 lots going back to original designation of 1010 and
1012) and it has already been rezoned from R-1 to R-1A. The
location of the property is advantageous, being across the street
from Bishop Moore High School and St. Charles. It is also close to
Edgewater High School, College Park Middle School, and 1.5 miles
from downtown College Park.
Additionally, the property is close to the new upcoming Packing District and the new YMCA. Its proximity to I-4 makes it easily accessible, with downtown Winter Park and downtown Orlando only 15 minutes away and Florida Hospital just 10 minutes away.
The property already has gas provided by TECO and utilizes a septic system. The existing house on the property is a 3-bedroom, 2-bathroom home that was renovated in 2018. The renovation included updates to the kitchen with stainless steel appliances, new wood flooring throughout, new windows, and a new roof. This could make the house attractive as a rental property while you sort out the building plans for the new lots.
Privacy is also a notable feature of the property, as 8-foot-high, 6-foot-deep privacy hedges cover 80% of the lot. Additionally, there is an approximately 20-foot cactus that could be sold or incorporated into the new builds, providing the privacy of an established home.
Overall, this investment opportunity in the College Park district offers the potential to develop two lots in a desirable location with nearby amenities and convenient access to major routes and facilities.
Additionally, the property is close to the new upcoming Packing District and the new YMCA. Its proximity to I-4 makes it easily accessible, with downtown Winter Park and downtown Orlando only 15 minutes away and Florida Hospital just 10 minutes away.
The property already has gas provided by TECO and utilizes a septic system. The existing house on the property is a 3-bedroom, 2-bathroom home that was renovated in 2018. The renovation included updates to the kitchen with stainless steel appliances, new wood flooring throughout, new windows, and a new roof. This could make the house attractive as a rental property while you sort out the building plans for the new lots.
Privacy is also a notable feature of the property, as 8-foot-high, 6-foot-deep privacy hedges cover 80% of the lot. Additionally, there is an approximately 20-foot cactus that could be sold or incorporated into the new builds, providing the privacy of an established home.
Overall, this investment opportunity in the College Park district offers the potential to develop two lots in a desirable location with nearby amenities and convenient access to major routes and facilities.
Unit Size
1,632Ft²
Days on Market
55 days
Land Size
0.32 acres
Price per sqft
$398
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1950
Last updated: 27 days ago (Stellar MLS #O6176030)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 29, 2024 | Sold | $560,000 | |
Sold | |||
Mar 1, 2024 | In contract | - | |
In contract | |||
Feb 2, 2024 | Listed by Mainframe Real Estate | $650,000 | |
Listed by Mainframe Real Estate | |||
|
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This investment opportunity in the historic College Park district
sounds promising. The property has already been approved to be
split into two lots. The location of the property is advantageous,
being across the street from Bishop Moore High School and St.
Charles. It is also close to Edgewater High School, College Park
Middle School, and 1.5 miles from downtown College Park.
Additionally, the property is close to the new upcoming Packing
District and the new YMCA. Its proximity to I-4…
|
Property Highlights
Garage
Air Conditioning
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
3
Beds
3
Baths
1,694 ft²
$366/ft²
$620,000
May 25, 2023
$620,000
Aug 21, 2023
$185/mo
Sold
House
3
Beds
2
Baths
1,735 ft²
$282/ft²
$490,000
Nov 21, 2022
$490,000
May 24, 2023
$200/mo
Sold
House
3
Beds
2
Baths
2,022 ft²
$324/ft²
$655,000
Sep 21, 2023
$655,000
Jan 22, 2024
$547/mo
Sold
House
3
Beds
4
Baths
2,200 ft²
$247/ft²
$542,500
Jan 25, 2024
$542,500
Mar 29, 2024
$630/mo
Sold
House
3
Beds
2
Baths
2,370 ft²
$278/ft²
$660,000
Aug 6, 2023
$660,000
Sep 18, 2023
$598/mo
Sold
House
3
Beds
2
Baths
2,298 ft²
$270/ft²
$620,000
Jun 30, 2023
$620,000
Sep 28, 2023
$566/mo
In Contract
House
3
Beds
2
Baths
1,611 ft²
$359/ft²
$579,000
Mar 15, 2024
-
$415/mo
In Contract
House
3
Beds
2
Baths
1,600 ft²
$344/ft²
$549,900
Mar 11, 2024
-
$378/mo
In Contract
House
3
Beds
2
Baths
1,400 ft²
$392/ft²
$549,000
Mar 20, 2024
-
$395/mo