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3508 ORANOLE ROAD

House For Sale
$575,000

BTC: 8.84615385

ETH: 319.44444444

22 days
3 bds
2 ba
940 sqft

Overview

Exceptional investment and development opportunity in the heart of Orlando, just minutes from Altamonte Springs. Situated on 2.88 acres, this unique property offers endless potential for investors, builders, and developers alike. The main home features 2 bedrooms and 1 bathroom and has been recently remodeled with modern upgrades including granite countertops, new kitchen cabinets, vinyl flooring, an updated bathroom with a ceramic tile shower and new vanity, plus a new electrical panel. The property also includes two AC units for added comfort. In addition, there is a spacious mother-in-law studio offering 2 bedrooms and 1 bathroom, currently tenant-occupied and generating rental income. The property also includes an RV hookup, adding even more flexibility and convenience for owners or guests. The true value of this property lies in the land and its incredible development potential. This is one of the last remaining large parcels in the neighborhood, with the possibility to subdivide and build additional homes. The seller already has a survey available to separate two lots, which will be provided to the new owner. For even greater opportunity, the adjacent property owned by the same seller is also available for purchase (it will be on the market soon), bringing the total combined acreage to approximately 9.5 acres. See the listing for 3412 Oranole Rd for additional details. This property presents an outstanding opportunity for a large residential construction project, especially as the city is currently in the process of approving townhomes in the area. Conveniently located near hospitals, clinics, colleges, shopping, Publix, The Home Depot, restaurants, and major roadways. Don’t miss this rare opportunity — schedule your showing today!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1957
Lot:
2.88 Acres
Heating:
Central
Price/sqft:
$612
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$4,128
2025
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: RV Hookup

    Lot

    • Lot: 2.88 Acres

    Other Property Information

    • Parcel Number: 282129000000003

    • Zoning: R-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $4,129

  • Source details

    • MLS ID: V4949009

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Outside

    • Direction Faces: North

    • Living Area: 940

    • Water Source: Well

    • Subdivision Name: N/A

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HOME WISE REALTY GROUP, INC.