Altamonte Springs, FL 32701,650 MAIN ST
Altamonte Springs, FL 32701,650 MAIN ST
Altamonte Springs, FL 32701,650 MAIN ST
$325,000
Est. payment /mo
$395,000
17.7%
Est.Price: ?

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1,957 SqFt
SOLD DATE : 01/06/2021

Key Details

Sold Price $325,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 1,957 sqft

Price per Sqft $166

Subdivision Stewarts Sub

MLS Listing ID O5895329

Sold Date 01/06/21

Construction Status Appraisal,Financing,Inspections

HOA Y/N No

Year Built 1929

Annual Tax Amount $3,931

Lot Size 0.970 Acres

Acres 0.97

Lot Dimensions 222x190

Property Description

RARE OPPORTUNITY to RESTORE or DEVELOP a 1 ACRE PARCEL (.968 acre) with 5 lots totaling 222' FRONTAGE X 190' DEEP. (Will NOT Separate; Sold as ONE Parcel only.) MOR-1 ZONING (mixed office residential) and NO HOA. ON *NORTHERN HALF* OF THE 5 LOTS EXISTS: 1) a 1929 Fixer Upper Home; 2) a Screened In-Ground Pool in good condition; and 3) Several Garage and Storage Buildings on site in fair condition. (Abuts parking lot of Lg. commercial bldg). *SOUTHERN HALF* OF THE 5 LOTS IS UNCLEARED (Abuts SFHs). ***Just minutes to the 414 at Maitland Ave and business area of Maitland Center.*** LIVE/WORK TOWNHOMES suggested by City of Altamonte, OR restore it to your liking to improve and enjoy the large beautiful lot, OR perhaps subdivide the South half of parcel to sell off or build on. Other MOR-1 options *may* be 5 RES TOWNHOMES or SUBDIVIDING the 5 LOTS into 3 or 4 Lots for SINGLE FAMILY HOMES. Homes across the street in Oak Springs Sub built in the 1990s have appx. values of $250-$350k. Numerous opportunities for the right Developer/Builder/Homeowner. HIGHEST AND BEST USE *MAY* BE 2-STORY OFFICE CONDOS similar to Trumbull Office Center a 1/3 mile away on .61 acres with (706 Turnbull Condo #104 sold for $204k in 2017). EXCELLENT LOCATION just 1 block off of Maitland Ave and 1 mile to 414/Maitland Blvd. See numerous attachments and City guidelines for MOR-1 Zoning. CASH purchase preferred. Will not qualify for FHA or VA. (NOTE: If Demo is Buyer's objective, Seller reserves right to remove some attached historic and other items from property prior to closing.) BUYER MUST COMPLETE DUE DILIGENCE WITH CITY OF ALTAMONTE AND NOT RELY ON DATA WITHIN LISTING.

Location

State FL

County Seminole

Community Stewarts Sub

Zoning MOR-1

Interior

Heating Central, Electric

Cooling Central Air

Appliance Refrigerator

Exterior

Parking Features 1 to 5 Spaces

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Sewer Nearby, Water Connected

Roof Type Shingle

Building

Lot Description Curb and Gutters, FloodZone, City Limits, Neighbourhood, Oversized Lot, Sidewalk, Street Lights, Paved, Undeveloped, Wooded

Story 1

Entry Level One

Foundation Crawlspace

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Structure Type Wood Frame

New Construction false

Construction Status Appraisal,Financing,Inspections

Others

Pets Allowed Yes

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by FUTURE HOME REALTY INC
Bought with INT'L PROFESSIONAL REALTY INC
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