5001 CINDERLANE PARKWAY, ORLANDO, FL 32808
$289,900
Residential Lots Taxes: $5,424.00 Type: Residential Listed on 02/07/2019 MLS # O5762584

Description of 5001 CINDERLANE PARKWAY, ORLANDO, FL 32808

Fantastic MULTI-FAMILY opportunity for developers and investors! This property is located in the heart of a demanding RENTAL HOT SPOT with STRONG OCCUPANCY history. Average apartment rental rates in the area are $1100 one bedrooms / $1400 two bedrooms / $1500 three bedrooms. Easy access to major roads, restaurants, shopping, and business district. Minutes from downtown Orlando. 2.5 acres, partially cleared, and LARGE CORNER lot with a study flow of traffic in a very well kept community of residences. Property land area and measurements are estimates and should be verified by the buyer.

Directions to 5001 CINDERLANE PARKWAY, ORLANDO, FL 32808

North on John Young Parkway to left on Orange Blossom Trail or 441. At traffic light turn left onto Cinderlane Parkway. Drive to end and lot will be on left before roundabout.

Features of 5001 CINDERLANE PARKWAY, ORLANDO, FL 32808

Schools

  • Elementary school: Killarney Elem
  • High school: Edgewater High
  • Middle school: College Park Middle

Lot

  • Corner lot
  • Frontage: 385
  • Lot acreage is: 2.54
  • Lot dimension is: 385X275X396X274
  • Lot zoned: R-3B/W
  • Subdivision: ROSE SHARON

Other

  • REO
  • Tax year: 2017

Mortgage Payments for 5001 CINDERLANE PARKWAY, ORLANDO, FL 32808

The approximate monthly Principal & Interest payment for this property would be $1,760. This payment is based on a 30-year loan at a fixed rate of 4.41 % with a down payment of $28,990. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.