$600,000
$695,000
13.7%For more information regarding the value of a property, please contact us for a free consultation.
5121 PLEASURE ISLAND RD Belle Isle, FL 32809
3 Beds
3 Baths
2,096 SqFt
Key Details
Sold Price $600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,096 sqft
Price per Sqft $286
Subdivision Pleasure Island Rep
MLS Listing ID O6131517
Sold Date 12/01/23
Bedrooms 3
Full Baths 3
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1950
Annual Tax Amount $6,936
Lot Size 1.180 Acres
Acres 1.18
Property Description
Welcome to your dream property in exclusive Belle Isle! This unique and prime piece of land offers endless possibilities, with a massive potential waiting to be realized. Situated on over 1 acre of canal-front property, this custom-built home opportunity is a rare gem amidst multi-million dollar estates on beautiful Lake Conway. Currently featuring a triplex with three separate meters, this property's true value lies in the expansive canal-front acreage that beckons for a custom-designed residence. However, if you're a visionary investor, the potential to unlock even greater value awaits. With the right development vision, this lot can potentially be subdivided into three separate lots. One lot could have access from Pleasure Island Rd., while the other two would be accessible from Cross Lake Rd. Opportunities like this are exceedingly rare, making it an attractive proposition for savvy developers. Privacy is paramount on this property, nestled among majestic oaks and strategically tucked away from the road. The canvas is yours to paint, allowing your imagination to run free in crafting your ideal oasis. Location is everything, and this property has it all. Situated just a few lots down from the highly exclusive Oak Island and only a block away from one of the Parade of Homes' stunning contemporary estates. What's more, this property is zoned Pershing K-8 School and there's NO HOA, giving you the freedom to realize your vision without limitations. Despite its secluded feel, this property is surprisingly well-connected. Enjoy the convenience of being just a short 10-minute drive from downtown Orlando, and Orlando International Airport and only a mere 5 minutes to the trendy SoDo District. We are working with the Orange County Water Authority to have them clear the overgrown cattails and melaleuca, which might appear as land but is not. There is approximately 150 feet along the shoreline that could potentially be cleared to permit the construction of a dock, providing direct access to the coveted Chain of Lakes. Further details are forthcoming, which could potentially increase the development opportunities for this incredible property. Seize this once-in-a-lifetime chance to create your masterpiece in Belle Isle, where luxury living, canal-front bliss, and untapped potential converge. This opportunity won't last long, so act swiftly to secure your piece of paradise! Contact us today for more information and to schedule a private showing.
Location
State FL
County Orange
Community Pleasure Island Rep
Zoning R-1-AA
Interior
Interior Features Ceiling Fans(s), Solid Surface Counters, Stone Counters, Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Laminate
Fireplaces Type Living Room
Furnishings Unfurnished
Fireplace true
Appliance Microwave, Range, Refrigerator
Laundry Outside
Exterior
Exterior Feature Private Mailbox
Garage Driveway
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Private, Public, Water Available, Water Connected
Waterfront true
Waterfront Description Canal - Freshwater,Lake,Lake
View Y/N 1
Water Access 1
Water Access Desc Canal - Freshwater,Lake,Lake - Chain of Lakes
View Water
Roof Type Other
Parking Type Driveway
Garage false
Private Pool No
Building
Lot Description Corner Lot, In County, Oversized Lot, Paved
Entry Level One
Foundation Crawlspace
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Pershing Elem
Middle Schools Pershing K-8
High Schools Oak Ridge High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with HOMEVEST REALTY