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4703 Hoffner Avenue

Orlando, FL 32812
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 804 Days
  • MLS #: RX-10609328
Under Contract
UPDATED: 7 min ago
$2,500,000
  • 0
    BEDS
  • 4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

ALF Development Opportunity Approved for 124 Units on 4 acresREADY for Building Plans for up to 120,000 SF of Certified Senior Living use. Property has 333' of frontage along Hoffner Ave. Maximum building height is 50'. A market analysis dated 12/20/19 with a 5-mile radius PMA shows strong demand for Assisted Living and Memory care services.Unmet demand for Assisted Living is 263 beds by 2022 and 352 beds by 2022 for Memory Care services. Median Average HH Income in 202

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www.jackcodengroup.com/homes/104157574
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4703 Hoffner Avenue Orlando, FL 32812

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 804 Days
  • Updated: 7 min ago
  • MLS #: RX-10609328
0
Beds
0
Baths
0
½ Baths
4
Acres
2020
Built
Neighborhood:
W1/4 Of Sw1/4 Of Sw1/4 Of Sec 16-23-30 (Less S 33 Ft For Rd Per Db 347/181) & (Less That Part Taken
County:
Orange
Area:
Orlando
Property Description
ALF Development Opportunity Approved for 124 Units on 4 acresREADY for Building Plans for up to 120,000 SF of Certified Senior Living use. Property has 333' of frontage along Hoffner Ave. Maximum building height is 50'. A market analysis dated 12/20/19 with a 5-mile radius PMA shows strong demand for Assisted Living and Memory care services.Unmet demand for Assisted Living is 263 beds by 2022 and 352 beds by 2022 for Memory Care services. Median Average HH Income in 202
Exterior Features

Construction Other Roof Other Waterfront Description None Waterfront YN No

Interior Features

Bath Toilets 0.00 Cooling Other Flooring Other Heating Other Percent Air Conditioned 0.00

Property Features

Auction No Available Docs Survey Available Info DrawingsExisting SurveyInvestment Analysis Built Desc Preconstruction Contingent Active Under Contract Contingents Bckup Cntrct/Call La Fire Protection None For Lease No For Sale Yes Land Income Income (Other Land) Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Meters 0.00 Sale Includes Land Only Security None Special Info Plan Approval Rqr'd Tax Amount Real Estate Taxes 1873.00 Tax Year 2019 Tenant Pays None Terms Considered Cash Type Of Building Other Use Other Utilities Other Zoning R2- C1

Listing provided courtesy of Douglas Elliman (Palm Beach). Listing information © 2022 BeachesMLS
 
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The Jack Coden Group | Keller Williams Eagle Realty
700 NE 90th St
Miami FL, 33138