Overview
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About this home
Elm St is a home in Black Hammock, Oviedo. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
A unique opportunity exists to acquire approximately 10 acres in the highly sought-after Black Hammock area of Oviedo. This property presents exceptional potential for various purposes, including establishing a private estate, engaging in agricultural activities, operating a hobby farm, utilizing it as a recreational property, investing in land, or envisioning future development in one of Central Florida’s rapidly expanding regions. It seamlessly integrates rural seclusion with convenient access to major employment hubs, retail establishments, and essential amenities. With the anticipated growth in the surrounding vicinity, this property offers a compelling opportunity for investors, builders, and developers seeking land in Seminole County. Conveniently situated just a short drive from SR-417, Oviedo Mall, the University of Central Florida (UCF), Downtown Orlando, Orlando International Airport (MCO), and the broader Orlando metropolitan area.
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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
$550,000
Time on market
221 days
Monthly payment
About $3,468/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,898 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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