Metrowest/Windermere 8.5 acres vacant land

[Foster Algier]

http://www.FACSOLD.com/

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Palm Cove Dr, Orlando, FL 32835
($299,000.00)

Please call for more info and showing, Foster Algier show contact info

ARV: $300,000 +/-

8.5-acre Vacant Land

8.5 acre lot right on Steer Lake in the Metro West Windermere area. Located right off of S. Apopka Vineland in a well-maintained community. Zoned for the best A+ schools in Orange County (Metrowest Elementary, Gotha Middle & Olympia High). This is the biggest buildable lot available in the area! HOA has no restriction on the square footage for the homes constructed. The lot can be subdivided to accommodate multiple homes! Great "buy and hold" land investment. 2.5 Acres are high & dry and buildable. The rest is pretty much shore line. The HOA had approved a 4600 sq ft home for the original owner. Home next door sits on a 2-acre lot and is on the market for around $700k. 1-acre lot next door is on the market for $200k. 2.5-acre lot next door sold for over $350k before the boom. All buildable lakefront lots in the area on www.landwatch.com are going for a lot more and are much smaller. This land is off-market and is not listed with a realtor. A recent survey is available upon request. HOA is $350/year.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract and a special warranty deed. Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier, Licensed Real Estate Agent, Sand Dollar Realty Group, Inc.