Reduced and priced to sell. Buildable 1+ acre property in Christmas, FL with existing power, well, septic, and valuable impact fee credit potential. There are even companies in Florida that will remove the structure for you at no cost. This is a great opportunity for a buyer, builder, investor, or manufactured home owner looking for land with existing utility infrastructure already in place. The current single-wide mobile home is most likely a tear-down and is being sold for land value and existing improvements only; buyer to inspect and determine best use. Power is connected but currently off. Well water is connected, and the well pump is approximately one year old. Septic is in place but old and should be evaluated by buyer. Cash or construction-to-perm financing may be possible depending on buyer qualifications and lender/program terms. Based on seller research, impact fees may be credited dollar-for-dollar for a replacement structure up to 1,200 square feet if built within the same impact fee category as the existing home. If a larger structure is built or the improvement falls into a different category, the existing impact fee credit may still apply toward the new fee amount. As of 4/7, the estimated savings is $22,061 by purchasing this property vs a vacant parcel. Buyer should verify all zoning, intended use, permitting, impact fee credits, septic requirements, and replacement options for a manufactured or site-built home directly with Orange County during due diligence. There is no septic moratorium in this area of Orange County. No variance required to build in this community. A strong opportunity to start fresh without paying full vacant-land setup costs.
Listed By
Agency Name: COLDWELL BANKER RESIDENTIAL RE
Agency Contact: 407-647-1211
Shown By
Agency Title: The Myrick Team
Agency Phone: 704-699-9899
Estimated Payment
$ 405.48 per month $267.07 Principal & Interest $103.42 Property Tax $35.00 Homeowner's Insurance
25314 Luke Street | MLS# O6373170
This single family home located at 25314 Luke Street, Christmas, FL 32709 is currently listed for sale with an asking price of $120,000. This property was built in 1975 and has 2 bedrooms and 2 full baths with 744 sq. ft. Luke Street is located in the CHRISTMAS PARK FIRST subdivision. Search CHRISTMAS PARK FIRST real estate on www.tarenmyrick.com today.