This is a fantastic investment opportunity! 3.6 acres with an income producing duplex, in the heart of rapidly growing Oviedo. 1 acre currently buildable. This beautiful property offers several possibilities. The duplex is currently zoned R-P. Both upper and lower units are residential tenant occupied. However, the bottom unit is zoned for commercial use. There is a separate dwelling for storage and laundry, beautiful fruit trees, and a lot of privacy. So many possibilities! Investors and developers, BRING YOUR OFFERS! Upon the sale of parcel 10-21-31-300-0420-0000, at closing, the Seller will retain an easement for ingress and egress between Geneva Drive and Parcel 10-21-31-300-0410-0000. Please see attached sketch and drawings for the details. Up to 8 dwelling units per acre can be built when constructing for residential use. Commercial construction includes a floor to area ratio of up .29 or .4 with density bonus. Please contact the City of Oviedo for more information.
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