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    4703 Hoffner Avenue

    Orlando, FL 32812
    • $2,500,000
    • STATUS: Active
    • ON SITE: 256 days
    • ID#: RX-10609328
    UPDATED: 59 min ago
    $2,500,000
    • 0
      BEDS
    • 4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    W1/4 Of Sw1/4 Of Sw1/4 Of Sec 16-23-30 (Less S 33 Ft For Rd Per Db 347/181) & (Less That Part Taken
    Type:
    Commercial
    Built:
    2020
    County:
    Orange
    Area:
    Orlando

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    Description

    ALF Development Opportunity Approved for 124 Units on 4 acresREADY for Building Plans for up to 120,000 SF of Certified Senior Living use. Property has 333' of frontage along Hoffner Ave. Maximum building height is 50'. A market analysis dated 12/20/19 with a 5-mile radius PMA shows strong demand for Assisted Living and Memory care services.Unmet demand for Assisted Living is 263 beds by 2022 and 352 beds by 2022 for Memory Care services. Median Average HH Income in 202

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    www.myreynoldsteam.com/homes/104157574
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    4703 Hoffner Avenue Orlando, FL 32812

    • Price: $2,500,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: RX-10609328
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4
    Acres
    2020
    Built
    Neighborhood:
    W1/4 Of Sw1/4 Of Sw1/4 Of Sec 16-23-30 (Less S 33 Ft For Rd Per Db 347/181) & (Less That Part Taken
    County:
    Orange
    Area:
    Orlando
    Property Description
    ALF Development Opportunity Approved for 124 Units on 4 acresREADY for Building Plans for up to 120,000 SF of Certified Senior Living use. Property has 333' of frontage along Hoffner Ave. Maximum building height is 50'. A market analysis dated 12/20/19 with a 5-mile radius PMA shows strong demand for Assisted Living and Memory care services.Unmet demand for Assisted Living is 263 beds by 2022 and 352 beds by 2022 for Memory Care services. Median Average HH Income in 202
    Exterior Features

    Construction Other Roof Other Waterfront Description None Waterfront YN No

    Interior Features

    Bath Toilets 0.00 Cooling Other Flooring Other Heating Other Percent Air Conditioned 0.00

    Property Features

    Available Docs Survey Available Info DrawingsExisting SurveyInvestment Analysis Built Desc Preconstruction Fire Protection None For Lease No For Sale Yes Land Income Income (Other Land) Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Meters 0.00 Possession At Closing Sale Includes Land Only Security None Special Info Plan Approval Rqr'd Tax Amount Real Estate Taxes 1873.00 Tax Year 2019 Tenant Pays None Terms Considered Cash Type Of Building Other Use Other Utilities Other

    Listing provided courtesy of Douglas Elliman (Palm Beach). Listing information © 2020 BeachesMLS
     
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    The Reynolds Team/ONE Sotheby’s International Realty
    1701 Highway A1A, Suite 104
    Vero Beach FL, 32963