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

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