$430,000
For Sale

625 N CENTRAL AVENUE

Oviedo, FL 32765
2840 sqft | 3 beds | 2 baths | 0.47 acres | #O6254024
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Zoned R-P. Great location for Professional Office / Business Office / Assisted Living and other viable uses. City Plans to update Zoning Map on 11/18/2024, this property will fall into the "Downtown Neighborhood" zoning. LIVE, WORK, PLAY. Do you know what that means? Opportunity to own a property in potentially vibrant Downtown location. Located 3 mins from Downtown Oviedo and 13 minutes from UCF. Lots of Upside. Highest and best use could possibly be commercial. The City of Oviedo is making a lot of changes so this could possibly appreciate in value in the coming years. Great Opportunity for the Work From Home Professional. Possibly great opportunity to change the use and increase the value without lifting a hammer. Plenty of parking, horseshoe parking with long path to backyard. Great lot for parking recreational vehicles (RV, Boats etc).
Roof is slightly older than 1 year. Water heater is new. AC is about 7 years old. Has been re-piped 2019. 2840 ft.² under air
Call today, one of very few 2800sqft homes in Oviedo priced under $450k. List agent has recording from 11/13/2024 Pre-Applicaton Meeting with the City. Valuable Insight on how profitable this deal can be. Calling ALL Professionals (Doctors, Dentist, Accountants, Psychiatrist, Architectects, Lawyers, Title Contacts, Mortage Contacts, or even RE Brokers)
Potential to rent out individual office spaces to Professionals. Rent Estimate 3 rooms @ $700/mo each, 2 Larger spaces @ $900/mo total potential rents $3900/mo

  • Interior Details
      • InteriorCeiling Fans(s), Kitchen/Family Room Combo
    • Beds & Baths
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Lot DescriptionCity Limits, Paved
      • Exterior MaterialsRain Gutters
    • Measurements
      • Acres0.47
      • Square Feet2840
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1978
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesBB/HS Internet Available, Electricity Connected
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionMETES AND BOUNDS
    • Location
      • Middle SchoolJackson Heights Middle
      • Elementary SchoolLawton Elementary
      • High SchoolOviedo High
      • CountySeminole
  • Financial Details
      • Original List Price$439,500
      • Taxes Annual$5,049
      • Days on Market (Cumulative)17
  • Other
      • MLS #O6254024

Location

Stephanie LeFew | Keys to Castles GroupReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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