Price
$279,999
Property type
Status
Active
Square feet
4.313 Sqft
Year built
N/A
Garages
N/A
Lot size
4.313 Sqft
Description
Beautiful very rare 4.313 Acres of flat lot at Ralston street. Front 0.26 acre land is dry upland. Owner received and paid Orange county permit no.CAI-24-05-033 and FL State FDEP permit #449302-001-EI (both permits are good until December 30, 2029) and PAID for mitigation credit from Mitigation Bank that gave owner 0.51 acres of direct impact and 0.25 secondary impact of Class II wetland. Detailed approved areas with site plan and boundary are in the OC CAI and FDEP report. So the new owner can directly proceed to build your dream home without spending time and money to go through these environmental related issues/permits or to pay for mitigation credit.
Owner has wetland survey, new 2024 new boundary topographic survey (with and without site plan and approved wetland impact boundary) and environmental report. The Owner has site plan from a local credit builder if you chose to use the builder. The lot has 225 feet front at Ralston Street and is very beautiful with fewer and smaller trees at front area near the Ralston Street than other lots in the area. Before 2009, one of the previous owners removed most of the trees from the lot leaving most of land treeless with mixture of slash pine with saw palmetto, wire grass and muscadine grape. This is an exceptional opportunity to build your dream home in this upscale Wedgefield area that including a large playground, outdoor workout gym, sports courts, golfing, and Equestrian friendly. Wedgefield is hidden gem community of East Orange County, Golf and outdoor lovers’ Paradise! It has a beautiful 18-hole golf course with a community clubhouse and restaurant. Wedgefield is home to 9,515 acre Hal Scott Regional national Preserve. The Hal Scott Preserve boasts miles of unspoiled sanctuary trails for hiking along the scenic shoreline of the Econ lock Hatcher River, with plenty of wildlife to view!! Trails are available for hiking, horseback riding and bicycling, and fishing is permitted. It’s an easy commute to major roadways, such as hwy 528, Disney amusement parks, Kennedy Space Center, Pt Canaveral cruise Port and Cocoa beach. Buyer is responsible to confirm all data and conduct due diligence.
Location
Schools
Pets
Cafes
Restaurants
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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