4101 South Texas Avenue

Orlando, FL 32839

$2,500,000
Price
122,403 / 2.81
Lot Size / Acres

Description

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...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.
  1. Listed by Hazel Heyer • KELLER WILLIAMS LEGACY REALTY

Property Details for 4101 South Texas Avenue

Township
23
Waterfront
Yes
Water View
Lake

Location

Listing Courtesy of KELLER WILLIAMS LEGACY REALTY, Hazel Heyer
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LISTING UPDATED: 03/11/2024 02:42 PM

Property Details for 4101 South Texas Avenue

StatusActive
MLS #S5100923
Days on Market56
Taxes$5,133 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size2.81 AC
CountyOrange County

Location

Listing Courtesy of KELLER WILLIAMS LEGACY REALTY, Hazel Heyer
Add your commute

Building Information for 4101 South Texas Avenue

Lot Size2.81 AC

Payment Calculator

$14,071 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$428

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4101 South Texas Avenue

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Direction Faces: East
  • Directions: Drive north on S John Young Parkway, Right on Holden Ave, Left on S Texas Ave, property is on the right, cleared fenced
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Main Throrughfare
  • Street Number: 4101
  • Street Direction Prefix: S
  • Street Name: TEXAS
  • Street Suffix: AVENUE
  • State: FL
  • City: ORLANDO
Taxes and HOA Information
  • Association: No
  • Tax Block: 00
  • Tax Book Number: 00
  • Tax Legal Description: FROM SE COR OF N1/2 OF NE1/4 OF SW1/4 RUN W 1328.25 FT FOR POB S 663.71 FT TO SECOR OF NW1/4 OF SW1/4 W 356 FT N 781.14FT SELY ALONG CURVE 328.39 FT TH ALONGREVERSE CURVE 39.44 FT S 37.81 FT TO POBIN SEC 10-23-29
  • Tax Lot: 31
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Subdivision
  • Future Land Use: Multfamily
  • Lot Features: In City Limits, In County, Level/Flat, Retention Pond, Street Paved, Urban
  • Lot Size Dimensions: 367x356
  • Parcel Number: 10-23-29-0000-00-031
  • Total Acreage: 2 to less than 5
  • Water Access: Lake
  • Water Access: Yes
  • Water Body Name: LAKE BUCHANAN
  • Water Extras: Skiing Allowed
  • Water Extras: Yes
  • Water: Skiing Allowed
  • Water Frontage Feet Lake: 355
  • Zoning: R-3
  • Lot Dimensions: 367x356
Property and Assessments
  • Flood Zone Code: AE
  • Flood Zone Date: 09-25-2009
  • Flood Zone Panel: 12095C0410F
  • Public Survey Range: 29
  • Public Survey Section: 10
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Front Footage: 360
  • Pool: None
  • Pool Private: No
  • Vegetation: Trees, Trees/Landscaped
  • Waterfront Features: Lake
  • Waterfront Feet Total: 355
Interior Features
  • Living Area Units: Square Feet
  • Water View: Yes

Property History for 4101 South Texas Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4101 South Texas Avenue

Taxable ValueLand$330,997Additions-Total$330,997
Tax Record2023$5,133 ($428 / month)
Home Facts
Beds0Lot Size122,404 SqFtStyleResidentialZoningR-1AACountyORANGEAPN10-23-29-0000-00-031

Schools near 4101 South Texas Avenue

This home is within Orange.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 5 to 8
Charter - 8 to 12
Rating
School
Distance
Catalina Elementary School
PublicPK to 5

Cornerstone Academy Charter
CharterK to 8

Memorial Middle School
Public5 to 8

Cornerstone Charter Academy High School
Charter8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4101 South Texas Avenue is a 2.81 ac of land for sale in Orlando, FL 32839. This property was listed for sale on March 7, 2024 by KELLER WILLIAMS LEGACY REALTY, it's currently listed at $2,500,000. It has been on the market for a total of 56 days and was last sold on February 24, 2006. This listing's school district is Orange. Nearby schools include Catalina Elementary School, Cornerstone Academy Charter and Memorial Middle School. 4101 South Texas Avenue is a 0-bed, 0-bath, 2.81 ac of land on a 122,403 sq. ft. / 2.81 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of KELLER WILLIAMS LEGACY REALTY, Hazel Heyer

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/11/2024 02:42 PM