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7648 Balboa Drive, Orlando, FL 32818
$450,000
7648 Balboa Drive, Orlando, FL 32818View this property at 7648 Balboa Drive, Orlando, FL 32818
7648 Balboa DriveOrlandoFL32818
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Property Description
Prime 1-acre vacant lot nestled in a coveted locale minutes from Windermere and Winter Garden and minutes by one of the most sought out communities in all of Florida, Isleworth. This lot is currently zoned Commercial - Planned Development, offering a plethora of commercial development opportunities. Strategically positioned for neighborhood-centric ventures, envision a dynamic array of possibilities such as a daycare center, self-storage units, or a retail strip building to cater to the bustling community or a medical office building or a religious facility like church. Additionally, explore the potential to rezone for residential use, unlocking the opportunity for 3 triplexes, 4 duplexes, or 4 single-family homes, catering to the growing demand for housing in the area. With its flexible zoning and strategic location, this blank canvas presents an exceptional investment opportunity for savvy developers or investors seeking to capitalize on the vibrant market dynamics of this thriving neighborhood. Don't miss your chance to shape the landscape of tomorrow's commercial and residential scene - seize this opportunity now. Located close to Advent Health Apopka and Health Central Hospital. All Civil Engineering work on the site has been completed. Bring your architect
Full Property Details
Full Property Details for 7648 Balboa Dr
General
- Price: $450,000
- Taxes: $2,458 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: S5101840
- Updated: 4/1/2024
- Added to Site: 31 day(s) ago
Location
- Area: 32818 - Orlando/Hiawassee/Pine Hills
- County: Orange
- Development Name: 32818 - Orlando/Hiawassee/Pine Hills
- Subdivision: LAKE SHERWOOD HILLS GROVE SEC
- Driving Directions: If coming from
Community
- Community Name: 32818 - Orlando/Hiawassee/Pine Hills
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.98
- Lot Size (Sq. Ft.): 42,689
- Lot Size: 42689
- Lot Dimensions: 255 x 180
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $459,184
- Tax Amount: $2,458
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG 37 FT S OF NE COR OF NW1/4 OF SW1/4RUN S 250 FT W 144.78 FT N 16 DEG W 52.19 FT NWLY ALONG CURVE 139.45 FT N 63 FTE 180 FT TO POB IN SEC 23-22-28
- Flood Zone Info: X
- APN: 232228000000008
- Property ID: 232228000000008
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Schools
Schools serving 7648 Balboa Dr
School District:Orange County School District
Rating | Name | Grades | Distance |
---|---|---|---|
905 Dorscher Rd, Orlando, FL 32818 | PK-5 | 0.4 mi | |
5903 Randolph Ave, Belle Isle, FL 32809 | K-8 | 9.5 mi | |
6305 Balboa Dr, Orlando, FL 32818 | 6-8 | 1.1 mi | |
1925 Ocoee Crown Point Pkwy, Ocoee, FL 34761 | 9-12 | 5.1 mi | |
5903 Randolph Ave, Belle Isle, FL 32809 | 9-12 | 9.5 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 7648 Balboa Dr
Date
Details
Price
Change
Source
3/27/2024
Listed
$450,000
181.25%
MLS
11/18/2020
Sold
$160,000
—
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 7648 Balboa Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,458
13%
$152,807
16%
2021
$2,172
-17%
$132,300
-9%
2022
$2,630
21%
$145,530
1124%
2021
$2,172
787%
$11,892
2%
2019
$245
7%
$11,659
5%
2018
$229
10%
$11,103
10%
2017
$209
2%
$10,094
3%
2016
$205
2%
$9,800
13%
2015
$200
4%
$8,678
10%
2014
$193
14%
$7,889
10%
2013
$169
—
$7,172
—
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 7648 Balboa Dr
7648 Balboa Drive, Orlando, FL 32818 (MLS# S5101840) is a Lots/Land property with a lot size of 0.98 acres. 7648 Balboa Drive is currently listed for $450,000 and was received on March 27, 2024. Want to learn more about 7648 Balboa Drive? 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.