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$935,000 $695,000
431 Geneva Dr, Oviedo, FL 32765
0 Beds
0 Baths
2,125 SqFt

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This is a fantastic investment opportunity! 3.6 acres with an income producing duplex, in the heart of rapidly growing Oviedo. 1 acre currently buildable. This beautiful property offers several possibilities. The duplex is currently zoned R-P. Both upper and lower units are residential tenant occupied. However, the bottom unit is zoned for commercial use. There is a separate dwelling for storage and laundry, beautiful fruit trees, and a lot of privacy. So many possibilities! Investors and developers, BRING YOUR OFFERS! Upon the sale of parcel 10-21-31-300-0420-0000, at closing, the Seller will retain an easement for ingress and egress between Geneva Drive and Parcel 10-21-31-300-0410-0000. Please see attached sketch and drawings for the details. Up to 8 dwelling units per acre can be built when constructing for residential use. Commercial construction includes a floor to area ratio of up .29 or .4 with density bonus. Please contact the City of Oviedo for more information.
  • Price:
  • $695,000
  • Square Footage:
  • 2,125
  • Acreage:
  • 3.64
  • Year Built:
  • 1987
  • Listing ID #:
  • MFRO6002442
  • Street Address:
  • 431 Geneva Dr
  • City:
  • Oviedo
  • State:
  • Florida
  • Postal Code:
  • 32765
  • County:
  • Seminole
  • Community:
  • Oviedo
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Approximate Total Liveable Area:
  • 2125
  • Building Security:
  • Smoke Detector(s)
  • Construction Type:
  • Wood Frame
  • Exterior Features:
  • Balcony, Lighting, Sliding Doors, Storage
  • Flooring:
  • Ceramic Tile
  • Foundation:
  • Slab
  • Interior Features:
  • Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Number Of Units:
  • 2
  • Other Buildings:
  • Storage
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 2485
  • Type Of Roof:
  • Metal
  • View:
  • Trees/Woods
  • Year Built:
  • 1987
  • Annual Expenses:
  • 6056
  • Annual Income:
  • 26580.00
  • Gross Income:
  • 29580
  • Conforms To Zoning:
  • R-P
  • Federal Flood Zone:
  • A
  • Lot Features:
  • Sidewalk
  • Lot Square Footage:
  • 138956
  • Road Type:
  • Asphalt
  • Days On Market:
  • 186
  • Excluded:
  • 1
  • Lease Terms:
  • Twelve Months
  • On Market Date:
  • 2022-02-11
  • Originating Mls:
  • Mfrmls
  • Previous Listing Price:
  • 935000
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $3,056
  • Tax Year:
  • 2021
  • Tenant Pays:
  • Electricity, Water
  • Patio Description:
  • Deck
  • Appliances:
  • Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Heating:
  • Central
  • Sewage Type:
  • Septic Tank
  • Utilities:
  • Cable Available, Electricity Available, Water Available
  • Unit 1 Square Footage:
  • 1000
  • Unit 1 Type:
  • Two Bed/One Bath
  • Unit 2 Square Footage:
  • 1200
  • Unit 2 Type:
  • Two Bed/Two Bath
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By LPT REALTY
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