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Updated over 7 years ago, 04/11/2017
What to do with vacant lots in Orlando Fla
Hello BP,
I have two vacant lots that I inherited (4916 and 4924 W. Jackson Street in Orlando Fla, 32811) and would like to either sell or develop and would love advice on how to make use of this land.
The lots are around 26k sq ft all combined and unfortunately are landlocked so some type of easement would be needed. It's zoned as a multi-family, even though the area primarily consists of single families from research I've done. The area is around a C from what I recall but seems pretty quiet.
I am wondering if any investors/realtors in that area could advise about options. I would love to make a buy and hold work as it's been in the family for generations but also open to a sale. I have thought of the following scenarios so far:
1. tiny homes or prefab developed
2. renting the land to a potential investor (e.g., org for community garden)
3. selling the land (what are ideas for doing this... land doesn't seem to be first choice for what realtors want to sell)
I live in the Bay Area so have to keep this in mind as I explore options.
Thanks!!!