About 1505 Russell Avenue
****Potential to build up to 38 units***3.18 Acres offering Urban Residential (UR) Zoning. Prime Location – Near Downtown Core. The UR (Urban Residential) zoning designation is designed to support higher-density housing options close to the heart of the city, making it ideal for modern residential development. Permitted Uses include: Multi-Family Communities, Single-Family Detached Homes, Single-Family Attached (Duplex, Rowhouse, Townhome), Group Homes (up to 6 residents), Child Daycare Centers & Nursery Schools Development Standards: Maximum Density: 12 units per acre Maximum Height: • 35’ – Single-Family • 45’ – Multi-Family Incentives & Density Bonuses: Developers can unlock 5–15% additional density by incorporating: Affordable Housing • At least 20% of units affordable to households earning <80% of the Orlando MSA median income • Or at least 50% of units affordable to households earning <120% of the Orlando MSA median income Green Building & Energy Efficiency • Additional bonuses available for sustainable design and certification Manufactured Housing Provisions: Residential units manufactured off-site are permitted if they: Meet all federal & state construction standards Are permanently attached to foundations Comply with all lot, yard, and land development regulations
Features of 1505 Russell Avenue
| MLS® # | O6343741 |
|---|---|
| Price | $449,800 |
| Acres | 3.18 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Listing Details
| Office | SLOANE REALTY, LLC |
|---|
Listing Map
Neighborhood Information for 1505 Russell Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Eustis Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
1 Miles | |
|
Eustis High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
Lake County Prep Academy Private - to |
1 Miles | |
|
|
Eustis Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Eustis Heights Elementary School Public - Preschool to 5Th Grade |
2 Miles | |
|
|
Alee Academy Charter School Public - 9Th Grade to 12Th Grade |
2 Miles | |
|
|
Lake Virtual Instruction Program Public - Kindergarten to 12Th Grade |
2 Miles |
School data provided by GreatSchools