13 Buildable acres plus Rental income building of $15K per month

Vacant Land for Sale
Catylist Listing ID: 30679936
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Vacation/Resort
Gross Land Area: 13 Acres
Sale Price: $10,000,000
Unit Price: $769,230 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2021

Overview / Comments

HOT LOCATION! ONLY 3 MILES TO DISNEY WORLD ATTRACTIONS! $168K INCOME PER YEAR FROM LEASED TENANT THAT IS USING LOCATION AS RESORT CALL CENTER. TENANT IS ON MONTH-TO-MONTH BASIS, $14K PER MONTH & TRIPLE NET! THEY HAVE INDICATED THEY PREFER TO STAY AS LONG AS POSSIBLE. AN INVESTOR COULD EARN $168K PER YEAR WHILE BUILDING A CONDO/HOTEL RESORT ACROSS THE STREET ON AN ESTIMATED 13 ACRES OF BUILDABLE LAND WHICH IS PART OF THE ESTIMATED 59 ACRES LOCATED AT 17509 BALI BLVD. THE BUILDING AND TENANT ARE LOCATED AT 17800 BALI BLVD. BUILDING IS ABOUT 16K SQUARE FEET OF CALL CENTER/GUEST CHECK-IN SPACE AND TONS OF OFFICE SPACE. BUILDING HAS A DRIVE UP PORTE-COCHERE, RECEPTION AREA WITH COMPLETELY SECURED ENTRANCE. BUILDING IS IN EXCELLENT SHAPE! NO PUBLIC PICTURES OF THE INSIDE TO PROVIDE PRIVACY FOR THE TENANT. LISTING AGENT MUST BE PRESENT. THESE PROPERTIES HAVE TWO DIFFERENT LEGAL DESCRIPTIONS, BEING SOLD TOGETHER DUE TO REQUIRED OVERFLOW PARKING AGREEMENT. BOTH PROPERTIES ARE CURRENTLY ZONED P-D, ALREADY APPROVED FOR A HOTEL/CONDO VENTURE TO BE BUILT ON 17509 BALI BLVD. MITIGATION HAS ALREADY BEEN PAID FOR PROPERTY ON 17509 BALI BLVD TO TOTAL AN ESTIMATED $550K, DONE WITH THE INTENTION TO TRANSFER TO NEW OWNERS, SAVING THE NEW OWNERS A BIG STEP IN BOTH TIME AND MONEY FOR DEVELOPING THIS PROPERTY INTO A RESORT! SURVEYS ARE AVAILABLE. LAST LISTED OVER 10 YEARS AGO, THIS PROPERTY IS PRIMED FOR MAXIMUM RETURN ON INVESTMENT. ALL THE LEG WORK HAS BEEN DONE TO GET THE LAND READY TO BE BUILT ON! 17800 BALI BLVD IS AN ESTIMATED TOTAL OF 2.3789 ACRES WITH BUILDING OF 16K SQ. FT - 17509 BALI BLVD IS AN ESTIMATED TOTAL OF 57.59 ACRES WITH AN ESTIMATED 13 ACRES APPROVED BUILDABLE FOR A RESORT CONDO/HOTEL WITH OWNERSHIP AND SHORT-TERM WEEKLY RENTAL INCOME FOR DISNEY WORLD VACATIONING GUESTS. OTHER ACREAGE COULD BE MADE INTO A LAKE AND WETLANDS PRESERVE FOR BOARDWALKS AND NATURE TRAILS. EVEN A HORSE BARN AND HORSE RIDING TRAILS AND ETC. (MIGHT HAVE TO ADD FILL TO MAKE THIS AREA ACCEPTABLE FOR SUCH TRAILS. PRICING HASN'T BEEN REQUESTED, WOULD DEPEND ON HOW MUCH ACREAGE AN INVESTOR WOULD LIKE FOR THE HORSES, TRAILS AND BARNS.) WE ARE STILL EXPLORING HIGHEST AND BEST USE FOR THIS PROPERTY BUT THE LISTING AGENT'S CURRENT VISION IS TO BUILD A BALI ORLANDO WORLD RESORT WITH LAKE AND FITNESS TRAILS, COMMUNITY POOL, WATER PARK AND SPA-LIKE AMENITIES. MAYBE A PAR 3 EXECUTIVE GOLF COURSE LIT AT NIGHT FOR GUESTS ENJOYMENT, LUXURY FIRE PIT AND SEATING OR FINE DINING RESTAURANTS AROUND THE LAKE! HORSEBACK RIDING AND TRAILS ETC. POSSIBLY A PARKING GARAGE ON-SITE DEPENDING ON INVESTORS VISION. 17800 PROPERTY BUILDING WOULD SERVE A GUEST CHECK IN AREA, BUS PICK UP AND DROP OFF FOR ORLANDO AIRPORT, DISNEY WORLD, DISNEY SPRINGS, AND SHOPPING MALLS ETC. A COURTESY SHUTTLE SERVICE WITH LUGGAGE DELIVERY TO THE 17509 RESORT LOCATED ACROSS THE STREET. LISTING AGENT HAS CONNECTIONS WITH APPROVED DISNEY WORLD RESORT CONSTRUCTION CONDO BUILDERS, ARCHITECTS, CONSULTANTS, ENGINEERS, VISA ATTORNEYS, AND MANY OTHER RESOURCES FOR INVESTORS INTERESTED IN USING THIS PROPERTY AS AN EB5 VISA INVESTMENT OPPORTUNITY FROM ANOTHER COUNTRY IN ORDER TO OBTAIN A US VISA. NEXT DOOR IS THE LIKI TIKI VILLAGES BY DIAMOND RESORTS, 64 ACRES, WATER PARK MINIATURE GOLF COURSE, SECURITY GUARDED ENTRANCE, 1-3 BEDROOM APARTMENT/CONDO SUITE UNITS WITH KITCHENS, TENNIS COURTS, FITNESS CENTER, AND FISHING. THEY HAVE OVER 183 MILLION REVIEWS ON THEIR WEBSITE FROM GUESTS. DEMAND IS HERE!

Additional Details

Nearest MSA: Orlando-Kissimmee-Sanford
County: Orange
Taxing Authority: Orange County
Tax ID/APN: 272431570101000
Zoning: P-D
Property Located Between: 17800 & 17509 Bali Blvd
Property Visibility: Excellent
Legal Description: LIKI TIKI VILLAGE 3 SOUTH 71/104 LOT 1
Largest Nearby Street: Avalon Road and 192 Irlo Bronson Hwy
Traffic/Vehicle Count: 160,000
Lot Frontage: see map
Lot Depth: see map
Zoning Description: P-D
Development Name: LIKI TIKI VILLAGE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,800 9,363 26,931
Median Age: 65.43 41.86 36.61
Households: 956 3,698 9,917

Contact

Photograph of Listing Agent

Christine Eugenie Hebert

1ST PREMIER INTL PROPERTIES MFCRE Member
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