Overview
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About this home
18049 Old Cheney Hwy is a home in East Orlando Estates Unrec, Orlando. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. 4.6 Acres of Vacant Land Currently Zoned R-T-2 Residential. However, the Owner has gone through everything needed with the County to change the zoning to commercial. Conservation area determination has been completed! Orange County is open to approving the zoning to C-1 commercial based on the user. This property has 450 ft of frontage on Old Cheney Hwy and has great potential for a retail commercial building or residential development. With 2,000+ homes approved in the new 'agri-hood' development The Grow located just 1.5 miles to the west this property. The time is now to secure your investment property as development continues to head East on SR50! Do not miss out on this great opportunity. Call today to schedule your showing!
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$849,000
Time on market
561 days
Monthly payment
About $4,917/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $769 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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