$2,250,000

Jubilee Way

SORRENTO FL, 32776

Description

SUBDIVISION, SUBDIVISION, SUBDIVISION... 600ft of road frontage on HWY 46 between the 453 and 429 connectors. This is a highly sought after area to for anyone in the Greater Orlando area to live. Redtail subdivision is 1.5 mi away to the east. 45 min to the Orlando Inter. Airport. 25 min to the Sanford Mall. 15 min to downtown Mt. Dora. There are 5 parcels being sold together that total 140 AC of undeveloped land. There was a PUD that was requested and granted several years ago, unknown of it's current status but still showing on the county zoning maps. There is Fiber Optical cable at the intersection of HWY 46 & 437 and City Utilities 0.8mi away at Wolf Branch Rd and HWY 437 (Sorrento Elementary School). 12in functional well on the north 20 AC that has been tested in the past. There have been soil testing and percolation testing done in the past as well. There is a steel building (1584 sqft) with a 4 inch and two 2 inch wells, power, septic and climate control that could be utilized as a base of operations for the development while it is under construction. The entire area has gently sloping terrain and only 2.5 AC of Flood Zone A on the southern portion. The rest of the land is Zone X. There are other land owners in the immediate area that have been interested in these parcels due to the unfettered access to HWY 46. In the past these properties were tied up in a large land transaction that did not come to fruition. T3273144, T32731152, T3273157, T3273158 & T3273160

Details

MLS#T3273160
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site81

Features

ZoningPUD
Acreage30.00

Market Activity 32776

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Area Information
StateFL
CountyLake
CitySORRENTO
Zip Code32776
Area32776 - Sorrento Mount Plymouth
Listing VS Median (in 32776)
Price:
$2,250,000
low | high
Med:
$330,000
100% of Average
On Site:
81
low | high
Med:
28.500000
100% of Average
Listing Updated: December 21, 2020 2:55:44 AM PST
Noah Rust LogoMLS Number: T3273160
Listing Provided By:
Noah Rust  of  SIGNATURE REALTY ASSOCIATES

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