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4101 S Texas Avenue, Orlando, FL 32839
$2,500,000
4101 S Texas Avenue, Orlando, FL 32839View this property at 4101 S Texas Avenue, Orlando, FL 32839
4101 S Texas AvenueOrlandoFL32839
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Property Description
Near the biggest retail Millenia Mall in Orlando, here is one excellent MULTIFAMILY development opportunity right on Lake Buchanan. Depending on site plan design, zoning could permit FROM 90-120 units per useable acre which is 3.53 acres of Upland (with a future land use designation of Medium Density Residential that allows 20 units per acre and an additional 25% plus number of units, allowable bonus for workforce/ affordable housing projects). Total acreage of 5.93 includes a retention pond that could possibly be co-used with Orange County. This vacant land is located in Southwest Orlando with a lakefront view of Lake Buchanan. Just minutes from major highways such as I-4, Hwy 441 and Florida Turnpike also additional access to the Millenia Mall Shopping District / Holden Avenue Extension. Being zoned multi-family gives any developer many options to choose from to make this location an excellent investment opportunity. Road extension at Holden Ave gives easy access to Texas Ave. Several waterfront condos or apartments have been built in thie location with parcels upwards of $5 Million to $43 Million. This is lake front with lake access to Lake Buchanan. Traffic count is 162,500 car per day.
Full Property Details
Full Property Details for 4101 S Texas Ave
General
- Price: $2,500,000
- Taxes: $5,133 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: S5100923
- Updated: 3/11/2024
- Added to Site: 59 day(s) ago
Location
- Area: 32839 - Orlando/Edgewood/Pinecastle
- County: Orange
- Development Name: 32839 - Orlando/Edgewood/Pinecastle
- Driving Directions: Drive north on S John Young Parkway, Right on Holden Ave, Left on S Texas Ave, property is on the right, cleared fenced
- Direction Faces: East
Community
- Community Name: 32839 - Orlando/Edgewood/Pinecastle
Utilities
- Sewer: Public Sewer
- Water District: Lake Buchanan
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Subdivision
Lot Features
- Lot Size (Acres): 2.81
- Lot Size (Sq. Ft.): 122,403
- Lot Size: 2.81
- Lot Dimensions: 367 x 356
- Frontage: Street Paved, Main Throrughfare
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Name: Lake Buchanan
- Water Front Desc.: Lake
Financial Considerations
- Price Per Acre: $889,680
- Tax Amount: $5,133
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: FROM SE COR OF N1/2 OF NE1/4 OF SW1/4 RUN W 1328.25 FT FOR POB S 663.71 FT TO SECOR OF NW1/4 OF SW1/4 W 356 FT N 781.14FT SELY ALONG CURVE 328.39 FT TH ALONGREVERSE CURVE 39.44 FT S 37.81 FT TO POBIN SEC 10-23-29
- Flood Zone Info: AE
- Disclosures/Reports: Seller Property Disclosure
- APN: 102329000000031
- Property ID: 102329000000031
Listed by Keller Williams Legacy Realty
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Schools
Schools serving 4101 S Texas Ave
School District:Orange County School District
Rating | Name | Grades | Distance |
---|---|---|---|
2448 29th St, Orlando, FL 32805 | PK-5 | 0.9 mi | |
5903 Randolph Ave, Belle Isle, FL 32809 | K-8 | 3 mi | |
2220 29th St, Orlando, FL 32805 | 6-8 | 0.9 mi | |
700 W Oak Ridge Rd, Orlando, FL 32809 | 9-12 | 2.2 mi | |
5903 Randolph Ave, Belle Isle, FL 32809 | 9-12 | 3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4101 S Texas Ave
Date
Details
Price
Change
Source
3/07/2024
Listed
$2,500,000
400%
MLS
2/24/2006
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4101 S Texas Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,133
—
$330,997
—
2022
$5,147
-2%
$330,997
—
2021
$5,247
-2%
$330,997
—
2019
$5,377
-1%
$330,997
—
2018
$5,445
-1%
$330,997
—
2017
$5,507
-2%
$330,997
—
2016
$5,627
-2%
$330,997
—
2015
$5,769
-2%
$330,997
—
2014
$5,864
—
$330,997
—
2013
$5,836
—
$330,997
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4101 S Texas Ave
4101 S Texas Avenue, Orlando, FL 32839 (MLS# S5100923) is a Lots/Land property with a lot size of 2.81 acres. 4101 S Texas Avenue is currently listed for $2,500,000 and was received on March 07, 2024. Want to learn more about 4101 S Texas Avenue? Do you have questions about finding other Lots/Land real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.