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240 1ST STREET

House For Sale
$1,600,000

BTC: 21.05263158

ETH: 640.00000000

1 days
3 bds
3 ba
2,314 sqft

Overview

Almost 10 acres of income producing property that is situated well for future development. One main home and several income producing manufactured homes with the ability to subdivide. Current income is over $10,000 monthly. Subdivision is possible if city water and sewer are connected. Currently it's well water and septic. Adjacent property was already developed by DR Horton with medium density housing. This property still feels like it's miles away with quiet land but it's conveniently located only 1 mile from Highway 27 with shopping, dining, and hospitals nearby. High and dry with the only low land on the NorthWest corner of the property creating a natural buffer between neighbors.

Location

Details

Type:
Residential
Parking:
Workshop in Garage
Year Built:
1974
Lot:
9.80 Acres
Heating:
Central
Price/sqft:
$691
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$14,155
2025
Garage
8 car garage
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Workshop in Garage

    Property

    • Levels: One

    • Exterior Features: Storage

    Lot

    • Lot: 9.80 Acres

    Other Property Information

    • Parcel Number: 272706726500041100

    • Zoning: R-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $14,155

  • Source details

    • MLS ID: O6442420

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Inside

    • Direction Faces: West

    • Garage Spaces: 8

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2314

    • Water Source: Well / Well Required

    • Subdivision Name: FLA DEV CO SUB

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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: ORLANDO REGIONAL REALTY