5121 Pleasure Island RoadBelle Isle, FL 32809MLS Number O6131517

  • Sale Price: $600,000
  • 177 Days Since Sale
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Federal 30-year interest rate: 6.94% last updated on May 23, 2024
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5121 Pleasure Island Road Belle Isle FL 32809
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  • 3Bedrooms
  • 1.18Acreage
  • 3Bathrooms
  • 1950Year Built
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.
Listing Courtesy of HOMEVEST REALTY

Listing Sold by HOMEVEST REALTY

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Location Information

  • Road Frontage DescriptionAsphalt, Paved

School Information

  • Elementary SchoolPershing Elem
  • High SchoolOak Ridge High
  • Junior HighPERSHING K-8

Location

  • Address5121 Pleasure Island Road
  • AreaOrlando/Pinecastle/Oakridge/ Edgewood
  • CountyOrange
  • Exterior Features Private Mailbox
  • MFR Water View Canal, Lake, Lake - Chain of Lakes
  • StateFL
  • SubdivisionPleasure Island Rep
  • TownBelle Isle
  • Township 23
  • Zip32809

Utilities

  • Cooling Central Air
  • Heating Central, Electric
  • Laundry Features Outside
  • Sewer Septic Tank
  • Utilities
    • BB/HS Internet Available
    • Cable Available
    • Electricity Available
    • Electricity Connected
    • Phone Available
    • Private
    • Public
    • Water Available
    • Water Connected
  • Water Source Public

Basic Information

  • List Price$695,000
  • MLS NumberO6131517
  • Mls Status Sold
  • Sale Date12/01/2023
  • Sale Price$600,000
  • StatusSLD

Basic Information

  • MFR Virtual Tour URL Unbranded 2 Click Here
  • Property SubTypeSingle Family Residence
  • Virtual TourView Tour

Property

  • ZoningR-1-AA

Interior

  • Flooring Laminate
  • Furnished Unfurnished

Amenities

  • Appliances IncludedMicrowave, Range, Refrigerator
  • MFR 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.
  • Other AmenitiesDock, Fireplace, Water View, Waterfront
  • PetsYes
  • Security Features Smoke Detector(s)

Water Body

  • MFR Water Access YN Yes
  • MFR Water Frontage Feet Canal Fresh 150
  • MFR Water Frontage Feet Lake 150
  • MFR Water Frontage Feet Lake Chain 150
  • MFR Waterfront Feet Total 450
  • Water AccessCanal - Freshwater, Lake, Lake - Chain of Lakes
  • Water Body Name LAKE CONWAY
  • Water FeaturesCanal - Freshwater, Lake, Lake
  • Water ViewYes
  • WaterfrontYes

Tax Information

  • MFR Association Fee Requirement None
  • Tax Year 2023
  • Taxes$6,936

Parking

  • Parking Features Driveway

Rooms

  • Bedrooms3
  • Full Bath3

Building

  • Bathroom3
  • Construction Materials Block
  • FireplaceLiving Room
  • Fireplace YN Yes
  • Foundation Details Crawlspace
  • Levels One
  • RoofOther
  • Rooms3
  • Year Built1950

Property Information

  • Acreage1.18
  • Building Area Total 2,552
  • Lot DescriptionCorner Lot, In County, Oversized Lot, Paved
  • Lot Size Square Feet 51,426
  • MFR Living Area Meters 194
  • MFR Lot Size Square Meters 4778
  • MFR Total Acreage 1 to less than 2
  • Property Condition Completed
  • Square Feet2,096

Other

  • Building Area Source Public Records
  • Date Listed08/03/2023
  • MFR Additional Lease Restrictions Lease restrictions are to the best knowledge of the homeowner and listing agent. Buyers are responsible to confirm by contacting the municipality.
  • MFR Exist Lse Tenant YN No
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2009-09-25
  • MFR Minimum Lease No Minimum
  • Vegetation Mature Landscaping, Oak Trees
  • View Water
  • View Count36
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of May 26, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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