1 / 16
$450,000
Active
5034 OLD CHENEY HIGHWAY
ORLANDO, FL 32807 — LAKE SHORE ESTATES
3 Beds
2 Baths
1,301 sqft
0.30 acres
Built 1952
About This Property
Exceptional builder and investor opportunity in a desirable location! This property offers a rare combination of an existing single-family residence and functional in-ground pool situated on an oversized lot with multiple potential redevelopment strategies. The existing home is in need of significant renovation and may provide an opportunity for a buyer to reimagine the structure as a potential duplex, subject to zoning and governmental approvals, or pursue a tear-down and explore the potential to divide the lot into two buildable parcels. The functional in-ground pool adds additional value and flexibility for a renovation-minded buyer or could potentially be incorporated into a future development plan, subject to applicable requirements. Whether renovating, redeveloping or starting fresh, this property offers tremendous upside for an experienced investor or builder. Buyer to independently verify zoning, future land use, lot dimensions, subdivision requirements, density, permitted uses, setbacks, utilities and all other development potential with the appropriate governmental authorities. Property is being sold as-is and is offered primarily as a redevelopment opportunity. For buyers seeking a redevelopment opportunity, the property is also being offered separately as a land/development opportunity under MLS #O6437156. Buyer to independently verify all zoning, land-use, development and building potential with the appropriate governmental authorities. This property is zoned for top-rated schools including Baldwin Park Elementary, Glenridge Middle School and Winter Park High School.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Single Family Residence
- MLS Number
- O6436793
- Year Built
- 1952
- Levels
- One
- Architectural Style
- Ranch
- Direction Faces
- Northwest
- Occupant Type
- Vacant
Size & Structure
- Living Area
- 1,301 sqft
- Total Area
- 1,717 sqft
- Lot Size
- 0.30 acres
- Lot Sq Ft
- 13,113 sqft
- Bedrooms
- 3
- Full Baths
- 2
Interior
- Flooring
- Ceramic Tile, Vinyl
- Appliances
- Dryer, Range, Refrigerator, Washer
- Interior Features
- Ceiling Fans(s), Thermostat
- Laundry
- Laundry Room
- Furnished
- Unfurnished
- A/C
- Wall/Window Unit(s)
- Heating
- Electric
Exterior & Lot
- Exterior Features
- None
- Construction
- Block, Concrete
- Roof
- Shingle
- Foundation
- Slab
- Fencing
- Chain Link, Fenced
- Lot Features
- Level, Near Public Transit, Oversized Lot, Unincorporated
Water & Pool
- Pool
- Yes — Gunite
Community & HOA
- HOA
- No
- Pets Allowed
- Cats OK, Dogs OK, Yes
Utilities & Systems
- Water
- Public, Well
- Sewer
- Septic Tank
- Utilities
- BB/HS Internet Available, Electricity Connected
- Cooling
- Wall/Window Unit(s)
- Heating
- Electric
- Flood Zone
- X
- Parking
- Driveway, Parking Pad
Financial
- List Price
- $450,000
- Annual Taxes
- $3,431
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional, FHA, VA Loan
- Special Conditions
- None
- Possession
- Close Of Escrow
Schools
- Elementary
- Baldwin Park Elementary
- Middle School
- Glenridge Middle
- High School
- Winter Park High