Build where builders play. Prime infill opportunity in highly desirable 32824, minutes from Orlando International Airport (MCO) and major highways. Offering two side-by-side lots (each approx. ¼ acre), each suitable for the construction of one single-family home 3rd Ave plus the adjacent lot MLS: O6376847, PID: 01-24-29-8516-60-907, same dimensions, same price (sold separately). No HOA.
The groundwork is already in motion: plans are ready to submit and there is a credit available toward impact fees, helping reduce your upfront development costs. Strong area demand with nearby homes commonly ranging from the mid-$350Ks to low-$450Ks (buyer to verify). Ideal for builders, investors, or end users looking to build two separate single-family residences in a high-demand location.
3RD AVENUE, Orlando, FL, 32824
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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