N. Central Ave, Oviedo, FL, 32765 | $499,000

*Adjacent Parcel Available* Other Parcel ID available: 10-21-31-300-017B-0000. This listing is for the Residential parcel 4. 72 acres of the apex 8 acres available. Fantastic piece of vacant land located in the heart of Oviedo off Central Ave and Artesia St. Between the two parcels available they total 940 feet of frontage approximately 8 Acres. One Parcel is zoned commercial and the other is Residential. RARE OPPORTUNITY to secure land north of Oviedo On The Park! Located on main SR 434, N Central Blvd. , which is a Major development area. Perfect to plan a commercial, mixed use or residential project, or purchase as investment and hold! Ideal for: shopping centers, hotels, motels, religious buildings, storage facility, restaurants, assisted living facilities, school, gas station, super market, drug store, car wash etc. - LOT 17B Present Zoning R1, DOR Code 10 vacant general commercial. Future Land Use (FLU) Commercial. This has a simple Zoning change requirement. - LOT 16G Present Zoning R1, DOR Code 00 vacant residential. Future Land Use (FLU) Residential, Conservation. Seminole County will look at allowing 3. 5 to 8 units per acre after survey done and depending on master plan. Lots have residential subdivisions on two sides and a small commercial center on the third. Seller will consider Owner Financing and will consider selling the parcels separate. Aerial Video Link: https: //www. youtube. com/watch?v=LnjkZO08Vsk

Features

  • Lot Size: 430 x 469
  • MLS#: O6263679
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/O6263679/ncentralave_oviedo_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 12/18/2024 4:01:19 AM)
Listing courtesy of KROLL REALTY GROUP   Phone: 407-339-6930

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NMLS Mortgage Loan Originator ID 16953

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N. Central Ave, Oviedo, FL, 32765

$499,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,689 $2,653 $3,367
Total Monthly Payment $2,764 $2,728 $3,442

* 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.