Active
31415 ORANGE ST
SORRENTO FL, 32776
$860,000
$4.59 per sqft
Active
4.3 Acres
Land
This potential commercial property consists of approximately 4.3 acres ideally located on SR 46 1 mile east of the 453 interchange spur road connecting to the Wekiva Parkway (429). The property has approximately 800 feet of frontage on SR 46 and 600 feet of frontage on Orange Street. This property also has a smaller 2 bedroom (could be 3) 1 bath home built in 1955. While the asking price reflects only vacant land value, the home could add some income value to a buyer during any hold period before ultimate commercial development. This location is not only ideal as it is the last vacant parcel before entering Sorrento proper, it is also surrounded to the north and west back to the interchange by large amounts of vacant land that likely will be developed into residential subdivisions. Explosive residential growth typically occurs after major interchanges and this location would capture some of that growth. While the property is currently zoned residential (R-1), there is commercial across the highway and the county planning staff has indicated a likelihood of rezoning this site to commercial. The size and location as well as the anticipated residential growth would lend this site to potential self-storage uses though other commercial uses are feasible. The sellers are confident enough that obtaining commercial zoning is likely, they are willing to accept a contract conditioned upon a buyer obtaining commercial zoning.
G5094092
MLSⓇ ID
March 11, 2025
Listed
March 12, 2025
Updated
Exterior/Building Features
Lot Size
4.3 Acres
Lot Features
Level
Sewer
None
Other Property Details
Area Name
32776 - Sorrento / Mount Plymouth
Taxes
$3,527
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
No
View
No
County
Lake
Municipality
19
Water Source
None
Utilities
Cable Available, Electricity Available, Phone Available
Zoning
R-1
Listed by BRYAN PROPERTIES, INC.
Listing Contact: 352-343-5777
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Data last updated 3/12/2025, 5:36 AM UTC