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This is an INCREDIBLE OPPORTUNITY priced aggressively in the rapidly evolving Washington Shores area of Orlando, where continued redevelopment and strong demand are driving increasing investor activity and neighborhood improvement. Situated just minutes from Downtown Orlando, this property offers exceptional upside in a location that continues to benefit from expansion, revitalization, and proximity to major employment hubs.
Positioned on an oversized lot just under half an acre, the property features a spacious setting with mature trees, a fenced yard, and additional structures including shed space and covered porch areas, creating a layout with strong potential for renovation, expansion, or repositioning. Large in-city lots like this are becoming increasingly difficult to find, especially in areas seeing continued growth.
The home is constructed of concrete block and offers a functional layout with multiple living spaces that can be reimagined to maximize value. The interior condition requires renovation, presenting a true value-add opportunity for investors or buyers looking to customize and modernize the property. The structure provides a solid starting point, with the ability to redesign and significantly improve both functionality and appeal.
From a condition standpoint, the property is being sold as-is and should be viewed as a renovation project. Seller has limited knowledge of the property; buyer to verify all information, condition, and perform any inspections during the inspection period. Roof has had prior repairs (buyer to verify current condition). Property is located in a flood zone (buyer to verify insurance requirements).
The location is a major driver of value, with close proximity to Downtown Orlando, Camping World Stadium, the West Lakes redevelopment area, and major corridors including I-4, SR-408, and John Young Parkway. The surrounding area continues to see significant public and private investment, including infrastructure improvements, new residential development, and revitalization efforts that are attracting both homeowners and investors.
Orlando remains one of the fastest-growing metro areas in Florida, driven by strong job growth in tourism, healthcare, technology, and logistics, along with continued expansion of major employers such as Orlando Health, AdventHealth, Universal, and the broader hospitality sector. This ongoing growth continues to support long-term housing demand throughout the region.
With no HOA and no rental restrictions (buyer to verify), the property offers flexibility for a fix-and-flip, long-term rental, or redevelopment opportunity.
Opportunities with this level of lot size, location, and aggressive pricing in a high-growth Orlando market are becoming increasingly rare.
Seller is requesting highest and best by 05/20/2026. Serious buyers should act quickly.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $159,999 | $159,999 | $159,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $39 | $39 | $39 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $958 | $998 | $1,318 |
| Total Monthly Payment | $1,072 | $1,112 | $1,432 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.