$120,000
FOR SALE25314 Luke St
Christmas, Fl, 32709
MLS #O6373170
Subdivision: Christmas Park First Add
Building: -
2 Beds
2/- Baths
744 sqft
$ 161.29 /sqft
Reduced and priced to sell. Buildable 1+ acre property in Christmas, FL with existing power, well, septic, and valuable impact fee credit potential. There are even companies in Florida that will remove the structure for you at no cost. This is a great opportunity for a buyer, builder, investor, or manufactured home owner looking for land with existing utility infrastructure already in place. The current single-wide mobile home is most likely a tear-down and is being sold for land value and existing improvements only; buyer to inspect and determine best use. Power is connected but currently off. Well water is connected, and the well pump is approximately one year old. Septic is in place but old and should be evaluated by buyer. Cash or construction-to-perm financing may be possible depending on buyer qualifications and lender/program terms. Based on seller research, impact fees may be credited dollar-for-dollar for a replacement structure up to 1,200 square feet if built within the same impact fee category as the existing home. If a larger structure is built or the improvement falls into a different category, the existing impact fee credit may still apply toward the new fee amount. As of 4/7, the estimated savings is $22,061 by purchasing this property vs a vacant parcel. Buyer should verify all zoning, intended use, permitting, impact fee credits, septic requirements, and replacement options for a manufactured or site-built home directly with Orange County during due diligence. There is no septic moratorium in this area of Orange County. No variance required to build in this community. A strong opportunity to start fresh without paying full vacant-land setup costs.
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Listing Courtesy of: COLDWELL BANKER RESIDENTIAL RE
