434 RING ROAD, ORLANDO, FL 32811
325,000
1866 Sqft
24/Sqft
Mixed Use
Price $325,000
Property type Mixed Use
Status Active
Square feet 13559 Sqft
Year built 1940
Garages N/A
Lot size 13559 Sqft

Description

We are pleased to present this LDR/Industrial site for sale. The FLU for this parcel, 434 Ring Road, is LDR (Low Density Residential) which allows up to 4 dwelling units/acre. The Buyer can do a rezoning and FLU map amendment to switch the property to Industrial, and it would probably be successful given most of the block is already industrial (Orange County).
The site consists of a 3-bedroom, 1 bath house with a tenant whose lease will be expiring in February 2026 and a second 1 bedroom, 1 bath house on a month-to-month lease.
The buyer can determine if they want to keep the existing houses with tenants and structure new leases or demolish both houses for redevelopment as LDR or Industrial. The houses were built in the 1940s.

Location

Restaurant

Pets

Walkable

Kids

Schools Pets Cafes Restaurants

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434 RING ROAD

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Frequently Asked Questions

Is it a good idea to buy a home in Kissimmee or Davenport to rent it on Airbnb?

Kissimmee and Davenport are two of the most profitable areas for vacation rentals near the Disney theme parks, thanks to year-round tourism demand. However, not all communities allow short-term rentals: you\'ll need to choose developments specifically zoned for short-term rental, such as ChampionsGate, Solara Resort, Storey Lake, Windsor Island, or Reunion. Profitability depends on the size of the home, average occupancy, and the cost of property management, HOA, and taxes. A well-located home can generate attractive income, though results may vary by season and how it\'s managed. At Florida HomeGroup Realty, we only show you Airbnb-approved properties and connect you with experienced vacation rental managers.

What are the closing costs and additional expenses when buying a property in Orlando?

When buying a property in Orlando, you should budget an additional 2% to 5% on top of the purchase price to cover closing costs. These typically include title insurance, title search, inspection, appraisal, prorated taxes, the first property insurance premium, and initial HOA fees if applicable. If you finance the purchase, add loan-related costs (origination, appraisal, and points). Property taxes in Florida usually range between 1% and 1.5% of the assessed value per year. Each transaction can vary depending on the area, property type, and builder. At Florida HomeGroup Realty, we provide a detailed estimate before you sign, so there are no surprises on closing day.

Is it better to buy a new construction home or a resale property in Orlando?

It depends on your goals. A new construction home usually comes with warranties, better energy efficiency, modern designs, and customization options; many builders also offer incentives such as rate buydowns or closing cost assistance. A resale property, on the other hand, may offer a more established location, mature landscaping, room to negotiate the price, and immediate availability. For vacation rental investment, new homes in short-term rental communities are often the preferred choice. Each decision depends on your budget, timing, and personal goals, so it\'s worth reviewing both options with a specialized advisor. At Florida HomeGroup Realty, we help you compare real options and negotiate with both builders and sellers.

Can I buy a house in Orlando if I\'m a foreigner and don\'t live in the United States?

Yes. In Florida, foreign buyers can purchase property without needing a visa, residency, or U.S. citizenship. The process is very similar to that of a local buyer: you submit an offer, complete the inspection, hire a title company, and close the deal. You\'ll only need a valid passport, proof of funds, and in some cases an ITIN for tax purposes. Keep in mind that regulations such as FIRPTA may apply when you sell the property, so it\'s wise to plan from the start. Each case can vary, which is why personalized guidance is recommended. At Florida HomeGroup Realty, we guide international buyers through every step with bilingual support and a fully transparent process.

What financing options are available to buy a home in Orlando if I\'m not a U.S. resident?

There are several alternatives to finance your Orlando property even if you live abroad. The most common is the foreign national loan, which usually requires a down payment between 25% and 35%, proof of income from your home country, and international bank references. Some buyers prefer to pay cash to close faster and refinance later. Interest rates for foreign buyers tend to be slightly higher than for local borrowers, and terms vary by lender. Each institution has its own policies, so it\'s recommended to review options with a specialized advisor before making an offer. At Florida HomeGroup Realty, we work with mortgage brokers who specialize in financing for international and Latin American buyers.

Veterans and Military Benefits

We work with Veterans specialists to provide expert guidance and access the exclusive homebuying benefits for those that have served. Find a Veterans real estate agent or VA loan officer today.

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