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32 N Pine Hills ROAD, Orlando, FL, 32811 | $500,000
These two parcels are being sold as one and carry a Low-Medium density future land use designation allowing for 10-dwelling units per acre. Bordered by commercially zoned properties to the north and south, there is also the potential to rezone these lots to commercial, as discussed with Orange County. The parcels are located at a bustling intersection, next to a gas station and across from a Family Dollar shopping center, providing prime exposure for potential future development. With quick access to SR408, West Colonial Dr. , and Downtown Orlando just 10 minutes away, this location offers convenience and visibility. Close to Valencia College's West Campus and major highways like the Turnpike and I-4, these parcels are ideally positioned for growth. The existing home was recently demolished so there should be an impact fee credit. With the current zoning, you can create up to 6 multi-family units or explore other commercial options. Buyer responsible for verification and due diligence.
Features
- Lot Size: 66 x 70 x 125 x 136 x 134 x 60 x 81
- MLS#: O6246655
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/O6246655/32npinehillsroad_orlando_fl?source=qrflyer
Listing courtesy of ORLANDO BROTHERS REAL ESTATE LLC Phone: 407-925-2221
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
32 N Pine Hills ROAD, Orlando, FL, 32811
$500,000
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 | $400,000 | $400,000 | $400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,430 |
| Total Monthly Payment | $2,753 | $2,751 | $3,522 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388