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About this home
502 N 5th St N is a home in Bithlo, Orlando. Flood zone A - confirm flood insurance requirements with your lender.
Price Reduced!. Discover this prime 1.77-acre property located in the rapidly growing Bithlo area of East Orlando!. Currently zoned RT-2, this versatile lot allows for block, modular, or mobil homes, making it an ideal investment for residential development. The property boasts a strategic location near major attractions and conveniences, including UCF, Waterford Lakes Shopping Center, Avalon Park Boulevard, and easy access to I-95. Additionally, it is close to Publix and other national retailers, ensuring convenience for future residents or tenants. Exciting infrastructure improvements are on the horizon!. The Florida Department of Transportation (FDOT) is proposing to widen East Colonial Drive (SR50) from east of Chuluota Road (CR 419 ) to SR 520 in Bithlo. This project aims to expand the roadway from four lanes to six lanes, enhancing capacity and safety to accommodate increased traffic from anticipated development. Don't miss the opportunity to invest in this high-potentional area with significant growth and development plans.
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The essentials
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Details
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
$399,900
Time on market
309 days
Monthly payment
About $2,354/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $811 annual tax bill, insurance.
Flood zone
Zone A
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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