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.
Property Details
Property Features
Listing Office:
Office Name: KELLER WILLIAMS LEGACY REALTY
Office Phone: (407) 855-2222
Listing Agent: Hazel Heyer
Exterior Features
Exterior Information:
Waterfront: Lake Front
Lot Features
Lot Information:
Lot: City Lot, Level, Retention Ponds, Paved, Urban
Lot Size: 2.81 Acres
School Info
Assigned Schools Information:
Oak Ridge High School, Public Magnet Grades 9-12
Orange County Virtual Franchise, Public District Grades 4-12
Memorial Middle School, Public Magnet Grades 6-8
Catalina Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Drive north on S John Young Parkway, Right on Holden Ave, Left on S Texas Ave, property is on the right, cleared fenced
Price Information
Listing Price Info
Price Summary:
List Price: $2,500,000
Tax Information:
Annual Amount: $5,290
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Orlando, FL.
This property is $2.1M more than the Median Sold Price in Orlando, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #S5100923
Listing Office:
Office Name: KELLER WILLIAMS LEGACY REALTY
Office Phone: (407) 855-2222
Listing Agent: Hazel Heyer
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Last updated on: 4/27/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 02, 2006
Mar 02, 2006Home Sold
$500,000
Feb 08, 2006
Feb 08, 2006Home Sold
$500,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$5,290
$330,997
2018
$5,444
$330,997
2017
$5,507
$330,997
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
1
/10
Catalina Elementary School
2448 29th St
Distance between this listing and this school0.83 miles
Public District Grades PK-5
Middle School
3
/10
Memorial Middle School
2220 29th St
Distance between this listing and this school0.82 miles
Public Magnet Grades 6-8
High School
2
/10
Oak Ridge High School
700 W Oak Ridge Rd
Distance between this listing and this school2.21 miles
Public Magnet Grades 9-12
6
/10
Orange County Virtual Franchise
445 W Amelia St
Distance between this listing and this school3.61 miles
Public District Grades 4-12
Assigned Schools
1
/10
Catalina Elementary School
2448 29th St
Distance between this listing and this school0.83 miles
Public District Grades PK-5
Nearby Schools
1
/10
Pineloch Elementary School
3101 Woods Ave
Distance between this listing and this school0.86 miles
Public District Grades PK-5
4
/10
Palmetto Elementary School
2015 Duskin Ave
Distance between this listing and this school1.37 miles
Public District Grades PK-5
Assigned Schools
3
/10
Memorial Middle School
2220 29th St
Distance between this listing and this school0.82 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Westridge Middle School
3800 W Oak Ridge Rd
Distance between this listing and this school2.30 miles
Public District Grades 6-8
8
/10
Blankner K-8
2500 S Mills Ave
Distance between this listing and this school2.52 miles
Public District Grades PK-8
Assigned Schools
2
/10
Oak Ridge High School
700 W Oak Ridge Rd
Distance between this listing and this school2.21 miles
Public Magnet Grades 9-12
6
/10
Orange County Virtual Franchise
445 W Amelia St
Distance between this listing and this school3.61 miles
Public District Grades 4-12
Nearby Schools
2
/10
Jones High School
801 S Rio Grande Ave
Distance between this listing and this school2.28 miles
The neighbors living near this home have an average income of $24,792. The most common annual income of people living in Orlando, FL is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4101 S Texas Ave
What is the listing price of this property?
The listing price of 4101 S Texas Ave property is $2,500,000.
What type of property is this?
The property 4101 S Texas Ave is land located in Orlando, Florida, 32839.
Is this property for sale now?
Active Listing: 4101 S Texas Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4101 S Texas Ave are: Catalina Elementary School: GreatSchools Rating 1/10Memorial Middle School: GreatSchools Rating 3/10Oak Ridge High School: GreatSchools Rating 2/10Orange County Virtual Franchise: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,290 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 2, 2006 for $500,000. (source: MLS/tax record).
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This home is located at 4101 S Texas Ave in Orlando, FL and zip code 32839. This home sits on a 2.81 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $2,500,000.
Over 150 listings were sold over their listed price in March 2024 in Orlando, FL. In the same period over 565 listings were sold below the listed price and 202 listings were sold for the listed price. The inventory of homes for sale in Orlando, FL between February 2024 and March 2024 increased by 4.8%. The median list price of listings available in March 2024 was $379,947, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.