31415 Orange Street, Sorrento, FL 32776
Local realty services provided by:Gulf Shores Realty ERA Powered
31415 Orange Street,Sorrento, FL 32776
$695,000
- 4.3 Acres
- Lots / Land
- Active
Listed by: paul bryan, ii
Office: bryan properties, inc.
MLS#:G5094092
Source:MFRMLS
Price summary
- Price:$695,000
About this home
Note Substantial Price Reduction from $815,000. This potential commercial property consists of approximately 4.3 acres ideally located on SR 46 1 mile east of the 453 interchange spur road connecting to the Wekiva Parkway (429). The property has approximately 800 feet of frontage on SR 46 and 600 feet of frontage on Orange Street. This property also has a smaller 2 bedroom (could be 3) 1 bath home built in 1955. While the asking price reflects only vacant land value, the home could add some income value to a buyer during any hold period before ultimate commercial development. This location is not only ideal as it is the last vacant parcel before entering Sorrento proper, it is also surrounded to the north and west back to the interchange by large amounts of vacant land that likely will be developed into residential subdivisions. Explosive residential growth typically occurs after major interchanges and this location would capture some of that growth. While the property is currently zoned residential (R-1), there is commercial across the highway and the county planning staff has indicated a likelihood of rezoning this site to commercial. The size and location as well as the anticipated residential growth would lend this site to potential self-storage uses though other commercial uses are feasible. The sellers are confident enough that obtaining commercial zoning is likely, they are willing to accept a contract conditioned upon a buyer obtaining commercial zoning. Please note price redution...
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Home facts
- Listing ID #:G5094092
- Added:572 day(s) ago
- Updated:October 05, 2026 at 12:57 PM
Structure and exterior
- Lot area:4.3 Acres
- Lot Features:Level
- Levels:1 Story
Finances and disclosures
- Price:$695,000
- Tax amount:$3,527 (2024)
Features and amenities
- Amenities:Cable Available, Electricity Available, Phone Available
- Pool features:Public Pool
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