5001 Cinderlane Parkway, Orlando, FL 32808

$280,000
Sold Price
$280,000
List Price
$289,900
Status
Sold
Days on Market
18
Closing Date
Mar 15, 2019
MLS#
O5762584
Foreclosure
Yes
Property Style
Residential
Lot Size
106,419
Acres
2.54
Total Acreage
Two + to Five Acres
Legal Subdivision Name
Rose Sharon
MLS Area Major
Orlando/Pine Hills

Property Description

Fantastic MULTI-FAMILY opportunity for developers and investors! This property is located in the heart of a demanding RENTAL HOT SPOT with STRONG OCCUPANCY history. Average apartment rental rates in the area are $1100 one bedrooms / $1400 two bedrooms / $1500 three bedrooms. Easy access to major roads, restaurants, shopping, and business district. Minutes from downtown Orlando. 2.5 acres, partially cleared, and LARGE CORNER lot with a study flow of traffic in a very well kept community of residences. Property land area and measurements are estimates and should be verified by the buyer.

Additional Information

Taxes
$5424
Location
Corner Lot, In City Limits, Street Paved
Community Features
No Deed Restriction
Zoning
R-3B/W
Utilities
Electrical Nearby, Water Nearby
Pool
No Pool
Elementary School
Killarney Elem
Middle School
College Park Middle
High School
Edgewater High
Flood Zone Code
X500
Parcel ID
05-22-29-7680-00-010
Legal Description
ROSE OF SHARON 16/73 LOT 1 (LESS THAT PORTION DESC IN 8136/3634)

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER RESIDENTIAL RE. Selling Office: KELLER WILLIAMS ADVANTAGE 2 REALTY.

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