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Back on the market! Buyer financing fell through. Exceptional investment and development opportunity in the heart of Orlando, just minutes from Altamonte Springs. Situated on 2.88 acres, this unique property offers endless potential for investors, builders, and developers alike.
The main home features 2 bedrooms and 1 bathroom and has been recently remodeled with modern upgrades including granite countertops, new kitchen cabinets, vinyl flooring, an updated bathroom with a ceramic tile shower and new vanity, plus a new electrical panel. The property also includes two AC units for added comfort.
In addition, there is a spacious mother-in-law studio offering 2 bedrooms and 1 bathroom, currently tenant-occupied and generating rental income. The property also includes an RV hookup, adding even more flexibility and convenience for owners or guests.
The true value of this property lies in the land and its incredible development potential. This is one of the last remaining large parcels in the neighborhood, with the possibility to subdivide and build additional homes. The seller already has a survey available to separate two lots, which will be provided to the new owner.
For even greater opportunity, the adjacent property owned by the same seller is also available for purchase (it will be on the market soon), bringing the total combined acreage to approximately 9.5 acres. See the listing for 3412 Oranole Rd for additional details.
This property presents an outstanding opportunity for a large residential construction project, especially as the city is currently in the process of approving townhomes in the area.
Conveniently located near hospitals, clinics, colleges, shopping, Publix, The Home Depot, restaurants, and major roadways.
Don’t miss this rare opportunity — schedule your showing today!
Property Details
Price: $575,000
Sq Ft: 940
($612 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Orlando
County: Orange
Type: Single Family
Development: N/A
Acres: 2.8800
Virtual Tour/Floorplan:
View
Year Built: 1957
Listing Number: V4949009
Status Code: A-Active
Taxes: $4,128.52
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Interior Features:
Stone Counters
Financial Information:
Taxes: $4,128.52
Tax Year: 2025
Exterior Features:
RV Hookup
Equipment:
Range
Refrigerator
Additional Information:
MLS Area: 32810 - Orlando/Lockhart
Total Square Footage: 1,649
Price per Square Feet: $611.70
Total Floors: 1
Water: Well
Construction: Block
Date Listed: 2026-05-10 00:00:00
Furnished: Unfurnished
Flooring: Luxury Vinyl
Roof: Metal, Other
Heating: Central
Cooling: Central Air
Laundry: Outside
Sewer: Septic Tank
Parcel ID: 28-21-29-0000-0
Map of 3508 Oranole Road, Orlando, FL 32810
Listing Courtesy Of: Home Wise Realty Group, Inc.
yanetgarciarealtor@gmail.com