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Buy a houseat 5121 PLEASURE ISLAND ROAD, BELLE ISLE, FL 32809

$1,200,000

$0/mo

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Residential

2,096 Sq. Ft.

1.18 Acres lot

3 Bedrooms

3 Bathrooms

287 Days on market

O6131517 MLS ID

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About 5121 PLEASURE ISLAND ROAD house

Welcome to your dream property in exclusive Belle Isle! This unique and prime piece of land offers endless possibilities, with a massive potential waiting to be realized. Situated on over 1 acre of canal-front property, this custom-built home opportunity is a rare gem amidst multi-million dollar estates on beautiful Lake Conway. Currently featuring a triplex with three separate meters, this property's true value lies in the expansive canal-front acreage that beckons for a custom-designed residence. However, if you're a visionary investor, the potential to unlock even greater value awaits. With the right development vision, this lot can potentially be subdivided into three separate lots. One lot could have access from Pleasure Island Rd., while the other two would be accessible from Cross Lake Rd. Opportunities like this are exceedingly rare, making it an attractive proposition for savvy developers. Privacy is paramount on this property, nestled among majestic oaks and strategically tucked away from the road. The canvas is yours to paint, allowing your imagination to run free in crafting your ideal oasis. Location is everything, and this property has it all. Situated just a few lots down from the highly exclusive Oak Island and only a block away from one of the Parade of Homes' stunning contemporary estates. What's more, this property is zoned Pershing K-8 School and there's NO HOA, giving you the freedom to realize your vision without limitations. Despite its secluded feel, this property is surprisingly well-connected. Enjoy the convenience of being just a short 10-minute drive from downtown Orlando, and Orlando International Airport and only a mere 5 minutes to the trendy SoDo District. We are working with the Orange County Water Authority to have them clear the overgrown cattails and melaleuca, which might appear as land but is not. There is approximately 150 feet along the shoreline that could potentially be cleared to permit the construction of a dock, providing direct access to the coveted Chain of Lakes. Further details are forthcoming, which could potentially increase the development opportunities for this incredible property. Seize this once-in-a-lifetime chance to create your masterpiece in Belle Isle, where luxury living, canal-front bliss, and untapped potential converge. This opportunity won't last long, so act swiftly to secure your piece of paradise! Contact us today for more information and to schedule a private showing.
Welcome to your dream property in exclusive Belle Isle! This unique and prime piece of land offers endless possibilities, with a massive potential waiting to be realized. Situated on over 1 acre of canal-front property, this custom-built home opportunity is a rare gem amidst multi-million dollar estates on beautiful Lake Conway. Currently featuring a triplex with three separate meters, this property's true value lies in the expansive canal-front acreage that beckons for a custom-designed residence. However, if you're a visionary investor, the potential to unlock even greater value awaits. With the right development vision, this lot can potentially be subdivided into three separate lots. One lot could have access from Pleasure Island Rd., while the other two would be accessible from Cross Lake Rd. Opportunities like this are exceedingly rare, making it an attractive proposition for savvy developers. Privacy is paramount on this property, nestled among majestic oaks and strategically tucked away from the road. The canvas is yours to paint, allowing your imagination to run free in crafting your ideal oasis. Location is everything, and this property has it all. Situated just a few lots down from the highly exclusive Oak Island and only a block away from one of the Parade of Homes' stunning contemporary estates. What's more, this property is zoned Pershing K-8 School and there's NO HOA, giving you the freedom to realize your vision without limitations. Despite its secluded feel, this property is surprisingly well-connected. Enjoy the convenience of being just a short 10-minute drive from downtown Orlando, and Orlando International Airport and only a mere 5 minutes to the trendy SoDo District. We are working with the Orange County Water Authority to have them clear the overgrown cattails and melaleuca, which might appear as land but is not. There is approximately 150 feet along the shoreline that could potentially be cleared to permit the construction of a dock, providing direct access to the coveted Chain of Lakes. Further details are forthcoming, which could potentially increase the development opportunities for this incredible property. Seize this once-in-a-lifetime chance to create your masterpiece in Belle Isle, where luxury living, canal-front bliss, and untapped potential converge. This opportunity won't last long, so act swiftly to secure your piece of paradise! Contact us today for more information and to schedule a private showing.

Property details

Building

Living Area Meters: 194.72

Room Count: 3

Building Area Total: 2552

Building Area Units: Square Feet

Construction Materials: "Block"

Direction Faces: Northwest

Levels: "One"

Living Area: 2096

Year Built: 1950

Water Features

Water Access: Canal - Freshwater,Lake,Lake - Chain of Lakes

Water View: Canal,Lake,Lake - Chain of Lakes

Canal Fresh Frontage: 150 Feet

Lake Chain Frontage: 150 Feet

Lake Frontage: 150 Feet

Total Water Frontage: 450 Feet

Water Front Features: "Canal - Freshwater", "Lake", "Lake"

Home Owner's Association

Association Fee Requirement: None

Listing

Available For Lease

Minimum Lease: No Minimum

Calculated List Price By Calculated Sq Ft: $573

Lot

Future Land Use: 0131

Lot Size Square Meters: 4778

Total Acreage: 1 to less than 2

Features: "Corner Lot", "In County", "Oversized Lot", "Paved"

1.18 acres

51426 square feet

View: "Water"

Pets Policy

Pet Restrictions: Pet restrictions are to the best knowledge of the homeowner and listing agent. Buyers with pets are responsible to confirm by contacting the municipality.

Pets Allowed: "Yes"

Property Access

Road Surface: "Asphalt", "Paved"

Road Responsibility: "Public Maintained Road"

Appliances & Equipment

Appliances: "Microwave", "Range", "Refrigerator"

Bathrooms

3 full bathrooms

Bedrooms

Bedrooms Total: 3

Cooling

Cooling: "Central Air"

Disclosures

Disclosures: "Lead Paint", "Seller Property Disclosure"

Exterior Features

Exterior Features: "Private Mailbox"

Fireplaces

Fireplace Features: "Living Room"

Floors

Flooring: "Laminate"

Foundation

Foundation Details: "Crawlspace"

Heating

Heating: "Central", "Electric"

Interior Features

Furnished: Unfurnished

Interior Features: "Ceiling Fans(s)", "Solid Surface Counters", "Stone Counters", "Thermostat"

Laundry

Laundry Features: "Outside"

Location

County or Parish: Orange

Subdivision: PLEASURE ISLAND REP

Township: 23

Parking

Parking Features: "Driveway"

Possession

Possession: "Close of Escrow"

Property

Property Condition: "Completed"

Vegetation: "Mature Landscaping", "Oak Trees"

Zoning: R-1-AA

Roof

Roof: "Other"

Schools

Elementary School: Pershing Elem

Middle Or Junior School: PERSHING K-8

High School: Oak Ridge High

Sewer

Sewer: "Septic Tank"

Utilities

Utilities: "BB/HS Internet Available", "Cable Available", "Electricity Available", "Electricity Connected", "Phone Available", "Private", "Public", "Water Available", "Water Connected"

Water Source: "Public"

Monthly cost

Estimated monthly cost

$7,777/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Dec 4, 2023

Price

$600,000

DatePrice
Dec 4, 2023$600,000

Schools

This home is within the Orange.

Orlando enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,128,000

+$36,000

$1,164,000

Seller agent commission$36,000 (3%)*

$0 (0%)

Buyer agent commission$36,000 (3%)*

$36,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $36,000 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 17, 2024 at 7:09 a.m.

Data updated: Aug 6, 2023 at 5:31 p.m.

Courtesy of HOMEVEST REALTY.
This content last updated on 08/06/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 08/08/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.

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