1833 W MCCORMICK ROAD
About This Property
The property currently includes a block home already in place, offering a starting point for buyers looking to take on a project. The structure does not currently have a certificate of occupancy, giving the next owner the opportunity to either work through the permitting process and renovate the existing block home or remove the structure and build a new custom residence that fully takes advantage of the generous lot size.
Utilities and infrastructure are already present on the property. There is a well on site that will need electricity connected, and the property also has a septic tank in place that may need to be cleaned and/or replaced depending on buyer plans and inspections.
With nearly three-quarters of an acre, there is ample space for expanded living areas, a workshop, detached garage, garden, or outdoor entertaining space while still enjoying privacy and open space.
This location offers the best of peaceful living with convenient access to nearby amenities. Just minutes away is Ocoee, where you'll find shopping, dining, parks, and everyday conveniences. Commuters will appreciate easy connections to major roadways including Florida State Road 429, Florida State Road 414, and Florida State Road 408, making it easy to reach downtown Orlando, Winter Garden, and other parts of Central Florida.
The surrounding area continues to experience exciting growth, including the development of the Ocoee Regional Sports Park, which will bring additional recreation and community amenities nearby. With ongoing development throughout West Orange County, this location offers both immediate opportunity and long-term potential.
Whether you're an investor, builder, or buyer looking for a property you can transform into your dream home, this Apopka property with land, location, and flexibility provides a unique opportunity to bring your vision to life.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by HOMEVEST REALTY | $250,000 | |
| Listed by HOMEVEST REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017