13780 Avalon ROAD, Winter Garden, FL, 34787 | $1,950,000

Very Exciting Hot Growth Area! Solid gold location on (545) Avalon Road! Only 2 miles from Walt Disney World properties! High Traffic Counts! Other similar size lots in the area have been rezoned successfully through Orange County Planning & Zoning for Multi-family use. This lot, per tax roll, is 11. 5 acres giving you a solid 2 acres of upland to build on (Ask about a concept for a high rise condo building plan already drafted) and 9. 5 acres of beautiful Lake Oliver which could be perfect for a boardwalk lining the shore, a restaurant, shops, a community pool and a large condo building (depending on the investors budget and Orange County rezoning approval how many units and how high) the investor could do. Upon request, a sketch drawing of this concept is available. There is about 667 ft of Avalon Road (545) frontage with an estimated 7, 000 cars per day, which could be perfect for commercial mix use and multifamily condo units for the front portion of this lot, if rezoned. Please reach out for an unbranded property presentation and approved application process for rezoning. Let's explore the highest and best use for this property with your investor’s vision! It's only 1. 3 miles up from Highway 192 (60, 000 cars per day) on Avalon Road in Winter Garden from the main center of all the Disney World attractions and vacation/residential districts. Main roads: 545, 192, 429, I-4, and 27! Recent and current developments by major/national builders in the immediate area include some of the following projects but not limited to: The Grove Orlando Resort has 878 Condo/Hotel Units, Palisades Orlando Resort - 890 Condo units, Orange Lake has 3, 400 timeshare units and golf course, Storey Lake has over 300-400 homes and townhomes near by, Encore at Ovation has their first phase of 140 homes going up off Fleming, The Grand At Westside has 336 units, Flamingo Crossing with 3 hotels going up and shopping/restaurants, Horizons West community thousands of homes and new shopping centers, Disney Springs and all the Disney World resorts and properties. Many restaurants, and shopping in the area! Opportunity is here for the right investor either local or global! Perfect, if you wish to buy and hold! Buyer must confirm all information regarding the property during their due diligence period. All information provided here is to be provided as estimates, and as a part of ongoing research investigating the best and highest use for this property in combination with the current and surrounding areas. There is a mobile home on the property with water and electricity but we are selling the property as vacant land. Owner occupied. Please do not go to the site without the listing agent. 2 parcels being sold together.

Features

  • Lot Size: 667 x 784 x 664 x 729
  • Lot Desc: In County, Room For Pool, Wooded
  • MLS#: S5037363
  • Days on Market: 1518 days
  • Website: https://www.raveis.com
    /prop/S5037363/13780avalonroad_wintergarden_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/14/2024 6:47:07 PM)
Listing courtesy of KELLER WILLIAMS REALTY AT THE PARKS   Phone: 407-629-4420

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13780 Avalon ROAD, Winter Garden, FL, 34787

$1,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,560,000 $1,560,000 $1,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,118 $10,118 $13,805
Total Monthly Payment $10,243 $10,243 $13,930

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.