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Gelfand Realty Miami Properties - Other Land

115 E CONCORD, ORLANDO, FL 32801

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Other Land - HOLT REV

115 E CONCORD, ORLANDO, FL 32801

Sold Price$700,000 Asking Price$750,000

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  • Days on market:

    313 day(s)
  • Original Price:

    $750,000
  • Tax Legal Description:

    HOLT REVISION F/99 LOT M (LESS W 200 FT)& ALLEY ON E & S 10 FT OF LOT E & LOTF & W 145 FT OF LOT G PER OR 4060/2745
  • Tax Year:

    2015
  • Property Type:

    Land
  • Special Listing Conditions:

    None
  • Lot Features:

    Flag Lot

Description

$750,000

Downtown orlando near lake eola across the street from the forthcoming orlando sentinel re-development. 115 e. concord is an l shaped property. the property, which has 28,748 sf total, is actually comprised of 2 distinct land areas and zoning. the front portion of the property which fronts concord st is zoned o-1/t and measures 80' width and 150' depth. the total land area of this land area is 12,000 sf. this land area per zoning regulations would allow up to 5 residential dwelling units or 4,800 sf of commercial office. this portion of land has a height limitation of 30'. the rear portion of the property, which measures 145' width and 115'-6" depth has a total land area of 16,748 sf. this land area is zoned o-2/t and permits development up to 75'. this parcel of land would permit by zoning 15 residential units or 11,600 sf commercial office. this portion of land is adjacent to 5 existing commercial properties which could utilize this land area for either expansion of their existing buildings or to increase available parking. the seller is willing to split the lot and sell the o-1/t and o-2/t portion separately, however the rear o-2/t portion must be sold first prior to any closing on the o-1/t portion of land.

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