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    Coral Gables, FL 33134
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Home / Sorrento / 31415 ORANGE STREET
31415 ORANGE STREET Sorrento, FL 32776 31415 ORANGE STREET Sorrento, FL 32776 31415 ORANGE STREET Sorrento, FL 32776 31415 ORANGE STREET Sorrento, FL 32776 View All Photos

$695,000

| Active

31415 ORANGE STREET

Sorrento, FL 32776

4.30
Acres
531
Days on Market
MFRG5094092
MLS#
Land
Structure
Residential
Zone
Contact

Note Substantial Price Reduction from $815,000. This potential commercial property consists of approximately 4.3 acres ideally located on SR 46 1 mile east of the 453 interchange spur road connecting to the Wekiva Parkway (429). The property has approximately 800 feet of frontage on SR 46 and 600 feet of frontage on Orange Street. This property also has a smaller 2 bedroom (could be 3) 1 bath home built in 1955. While the asking price reflects only vacant land value, the home could add some income value to a buyer during any hold period before ultimate commercial development. This location is not only ideal as it is the last vacant parcel before entering Sorrento proper, it is also surrounded to the north and west back to the interchange by large amounts of vacant land that likely will be developed into residential subdivisions. Explosive residential growth typically occurs after major interchanges and this location would capture some of that growth. While the property is currently zoned residential (R-1), there is commercial across the highway and the county planning staff has indicated a likelihood of rezoning this site to commercial. The size and location as well as the anticipated residential growth would lend this site to potential self-storage uses though other commercial uses are feasible. The sellers are confident enough that obtaining commercial zoning is likely, they are willing to accept a contract conditioned upon a buyer obtaining commercial zoning. Please note price redution

Property Details
Lot Features
Level
Lot Description
Level
Acres
4.3
Property Type
Purchase
Utility Features
Cable Available, Electricity Available, Phone Available
County
Lake
Region
SORRENTO
Zoning
R-1
Original List Price
$860,000
Days on Market (Cumulative)
531
Taxes Annual
$3,527
Ownership
Fee Simple
MLS #
G5094092
Property Subtype
Land
Parcel Number
25-19-27-0003-000-01200
MLS #
G5094092
Date Listed
March 11, 2025
Address
31415 ORANGE STREET
Location
Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Del Amo Realty

Provided By
Listed by Paul Bryan, II (#MFR260519870)
Listing Office: BRYAN PROPERTIES, INC. (#MFR20347)

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