About 3508 Oranole Road
Under contract-accepting backup offers. 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!
Features of 3508 Oranole Road
| MLS® # | V4949009 |
|---|---|
| Price | $575,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 940 |
| Acres | 2.88 |
| Year Built | 1957 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Pending |
Listing Details
| Office | HOME WISE REALTY GROUP, INC. |
|---|
Listing Map
Neighborhood Information for 3508 Oranole Road
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Riverside Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
|
Ingrams Academy Private - Preschool to 5Th Grade |
1 Miles | |
|
|
Lockhart Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Teague Middle School Public - 6Th Grade to 8Th Grade |
1 Miles | |
|
|
One Accord Christian Academy Private - Kindergarten to 12Th Grade - Closest High School |
2 Miles | |
|
|
Lockhart Elementary School Public - Kindergarten to 5Th Grade |
2 Miles | |
|
|
Spring Lake Elementary School Public - Preschool to 5Th Grade |
2 Miles |
School data provided by GreatSchools