Land in Orlando, Florida № 232356
28
ID232356
$ 795 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
**Prime Development Opportunity in a Central Florida’s Thriving Opportunity Zone!** Discover a golden chance with this 1.9-acre gem in a Qualified Opportunity Zone, poised for crafting a 22-unit multifamily marvel. Approved by city planning for a large-scale project, this land offers an unparalleled investment prospect. Embrace the potential of this rapidly growing area, a hotspot for rental demand. Imagine a community where modern living meets convenience – your vision can become the new residential benchmark. Its strategic location near amenities ensures high tenant appeal, making it a lucrative venture. Recently completed multifamily projects nearby underscore the area’s development surge. Seize this exceptional opportunity to leave your mark on Central Florida's housing landscape. Act now – transform this vacant lot into a sought-after residential haven!MLS #: O6017620
Orlando - Statistics
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| Parameters | Orlando |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 901.00 |
| Apartment (1 bedroom) Outside of Centre | $ 1 740.00 |
| Apartment (3 bedrooms) in City Centre | $ 3 107.50 |
| Apartment (3 bedrooms) Outside of Centre | $ 2 613.10 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 059.41 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 353.83 |
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| Parameters | Orlando |
|---|---|
| Crime Index | 50.00 |
| Cost of Living and Rent Index | 59.22 |
| Purchasing Power Index | 134.39 |
| Property Price to Income Ratio | 2.88 |
| Safety Index | 50.00 |
| Traffic CO₂ Index | 9630.41 |
| Traffic Inefficiency Index | 215.69 |
| Rent Index | 46.96 |
| Health Care Index | 60.70 |
| Groceries Index | 73.15 |
| Pollution Index | 35.21 |
| Traffic Commute Time Index | 36.63 |
| Restaurant Price Index | 75.55 |
| Climate Index | 87.23 |
| Cost of Living Index | 70.44 |
| Quality of Life Index | 180.40 |
| Traffic Index | 178.15 |
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| Parameters | Orlando |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 24.50 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 85.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 10.00 |
| Domestic Beer (0.5 liter draught) | $ 6.00 |
| Imported Beer (0.33 liter bottle) | $ 6.75 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.84 |
| Water (0.33 liter bottle) | $ 2.54 |
| Cappuccino (regular) | $ 4.91 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.18 |
| Loaf of Fresh White Bread (500g) | $ 3.75 |
| Eggs (regular) (12) | $ 3.94 |
| Local Cheese (1kg) | $ 11.32 |
| Water (1.5 liter bottle) | $ 2.18 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.80 |
| Imported Beer (0.33 liter bottle) | $ 3.06 |
| Cigarettes 20 Pack (Marlboro) | $ 8.00 |
| Apples (1kg) | $ 5.45 |
| Chicken Fillets (1kg) | $ 11.31 |
| Oranges (1kg) | $ 5.24 |
| Potato (1kg) | $ 2.83 |
| Lettuce (1 head) | $ 2.08 |
| Rice (white), (1kg) | $ 4.59 |
| Tomato (1kg) | $ 4.24 |
| Banana (1kg) | $ 1.72 |
| Onion (1kg) | $ 2.86 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 14.65 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.00 |
| Monthly Pass (Regular Price) | $ 50.00 |
| Gasoline (1 liter) | $ 0.91 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 26 763.00 |
| Taxi Start (Normal Tariff) | $ 2.90 |
| Taxi 1km (Normal Tariff) | $ 1.90 |
| Taxi 1hour Waiting (Normal Tariff) | $ 35.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 25 182.79 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 167.39 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 74.45 |
| $ 64.33 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 704.27 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.59 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 40.00 |
| Tennis Court Rent (1 Hour on Weekend) | $ 8.17 |
| Cinema, International Release, 1 Seat | $ 15.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 46.84 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 39.83 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 80.41 |
| 1 Pair of Men Leather Business Shoes | $ 113.67 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 1 166.67 |
| International Primary School, Yearly for 1 Child | $ 5 250.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityOrlando
Address4518 ARCH STREET, ORLANDO FL 32808
TypeLand
Price
- Price
- per m²
$ 795 000
- EUR €
- USD $
- RUB ₽
- GBP £
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