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Carrie Maultsby-Lute
  • Developer
  • OAKLAND, CA
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29
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What to do with vacant lots in Orlando Fla

Carrie Maultsby-Lute
  • Developer
  • OAKLAND, CA
Posted Feb 27 2017, 13:50

Hello BP,

I have two vacant lots that I inherited (4916 and 4924 W. Jackson Street in Orlando Fla, 32811) and would like to either sell or develop and would love advice on how to make use of this land.

The lots are around 26k sq ft all combined and unfortunately are landlocked so some type of easement would be needed. It's zoned as a multi-family (3 dwellings per lot for a total of 6 units), even though the area primarily consists of single families. The area is around a C from what I recall but seems pretty quiet. The schools in the area rate 10 and 9's which is great so families could be the target audience. 

I am wondering if any investors/realtors in that area could advise about options. I would love to make a buy and hold work as it's been in the family for generations but also open to a sale. I have thought of the following scenarios so far:

1. tiny homes or prefab developed

2. renting the land to a potential investor (e.g., org for community garden)

3. selling the land (what are ideas for doing this... land doesn't seem to be first choice for what realtors want to sell)

I live in the Bay Area so have to keep this in mind as I explore options.

Thanks!!!

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