2302 Formosa Ave., Orlando, FL 32804

Exceptional future development opportunity in the Heart of College Park!! Two adjacent parcels being sold together. Dimensions of both lots are 45x155. Each lot allows up to 3,487 in TOTAL living sqft (.50 FAR) and both lots will accommodate detached (2) car garages with garage apartments / mother-in-law suites up to 1,200 sqft. (The garage apartments shall not be larger than 40% of the area of the main house or not greater than 1,200 sqft). This property is conveniently located only minutes from Downtown, AdventHealth, shopping, & major roadways. Existing home can be renovated or demolished for future development. Builders will be able to save big with impact fee credits.