2 years on rocket

4518 Arch St, Orlando, FL, 32808

$707,750

1.90 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #O6017620
Lot Size1.90 Acres
StatusActive

About 4518 Arch St

**Prime Development Opportunity in a Central Florida’s Thriving Opportunity Zone!** Discover a golden chance with this 1.9-acre gem in a Qualified Opportunity Zone, poised for crafting a 22-unit multifamily marvel. Approved by city planning for a large-scale project, this land offers an unparalleled investment prospect. Embrace the potential of this rapidly growing area, a hotspot for rental demand. Imagine a community where modern living meets convenience – your vision can become the new residential benchmark. Its strategic location near amenities ensures high tenant appeal, making it a lucrative venture. Recently completed multifamily projects nearby underscore the area’s development surge. Seize this exceptional opportunity to leave your mark on Central Florida's housing landscape. Act now – transform this vacant lot into a sought-after residential haven!

Property Details

Property Features

Listing Office:

  • Office Name: REDFIN CORPORATION
  • Office Phone: (407) 708-9747
  • Listing Agent: Michael Bellamy

Virtual/3D Tour

  • Virtual Tour: 4518 Arch St

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Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 1.90 Acres

School Info

Assigned Schools Information:

  • Maynard Evans High School, Public Magnet Grades 9-12
  • Orange County Virtual Franchise, Public District Grades 4-12
  • Meadowbrook Middle School, Public District Grades 6-8
  • Ivey Lane Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head East on West Colonial Drive. North onto Mercy Drive. Left onto Arch Street. Lot on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $707,750

Tax Information:

  • Annual Amount: $647
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orlando, FL.

Med. Sold Price

$379.9K

Med. Price/SqFt

$237

Avg. Days On Market

41

# of Sold Homes

917

4518 Arch St vs Orlando

747 DAYS ON ROCKET

+706 Days

$707,750

+$327.8K More

KEY TAKEAWAY

This property is $327.8K 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: #O6017620

Listing Office:

  • Office Name: REDFIN CORPORATION
  • Office Phone: (407) 708-9747
  • Listing Agent: Michael Bellamy

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 8:19:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 16, 2019Home Sold
$264,000

Tax History

YEARPROP. TAXASSESSMENT
2020$647$28,500
2018$376$15,200
2017$337$11,400

History based on county public records data.

Payment Calculator

$3,600

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,188

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

school-card-donut-2992882
5
/10
  • Ivey Lane Elementary School

  • 209 Silverton St

  • 0.84 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2992883
4
/10
  • Meadowbrook Middle School

  • 6000 North Ln

  • 3.21 miles

  • Public District Grades 6-8

High School

school-card-donut-2992884
2
/10
  • Maynard Evans High School

  • 4949 Silver Star Rd

  • 1.87 miles

  • Public Magnet Grades 9-12

school-card-donut-2992885
6
/10
  • Orange County Virtual Franchise

  • 445 W Amelia St

  • 3.03 miles

  • Public District Grades 4-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,925. Most Orlando, FL residents have annual incomes less than $35k. Residents typically live in single, with kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4518 Arch St

What is the listing price of this property?

The listing price of 4518 Arch St property is $707,750.

What type of property is this?

The property 4518 Arch St is land located in Orlando, Florida, 32808.

Is this property for sale now?

Active Listing: 4518 Arch St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4518 Arch St are:
Ivey Lane Elementary School: GreatSchools Rating 5/10
Meadowbrook Middle School: GreatSchools Rating 4/10
Maynard Evans High School: GreatSchools Rating 2/10
Orange 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 $647 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 16, 2019 for $264,000. (source: MLS/tax record).

How much acreage is this property?

The property 4518 Arch St is 1.90 acres.
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Rocket HomesFloridaOrange CountyOrlando328084518 Arch St

This home is located at 4518 Arch St in Orlando, FL and zip code 32808 in the Mercy Drive neighborhood. This home sits on a 1.90 acre lot. It has been listed on Rocket Homes since April 13, 2022 and is currently priced at $707,750.

In March 2024 more than 150 listings in Orlando, FL were sold above the asking price. During the same period more than 202 listings were sold at asking price, while more than 565 were sold below. The number of listings in Orlando, FL increased by 4.8% between February 2024 and March 2024. 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.

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