APPROVED 1,125 UNIT PD

Transcription

1 Highly Motivated Seller $4,900,000 APPROVED 1,125 UNIT PD State Road 535, Orlando, FL Presented By: Miguel de Arcos 1540 International Parkway, Suite 200 Lake Mary, FL (407) Gardner Lloyd 1540 International Parkway, Suite 200 Lake Mary, FL (407) Offering Highlights Highly Motivated Seller Fully Approved 1,125 Room Hospitality PD Great access from SR 417, Interstate 4 & SR 535 Ideal For Timeshare Dev or Land Bank Play 05/19/2011 All Sperry Van Ness Offices Independently Owned and Operated.

2 All materials and information received or derived from Sperry Van Ness Florida(hereinafter collectively Sperry Van Ness ), its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty by Sperry Van Ness its directors, officers, agents, advisors, or affiliates as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party s intended use or any and all other matters. Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of significance to such party. Sperry Van Ness will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Sperry Van Ness makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Sperry Van Ness in compliance with all applicable fair housing and equal opportunity laws. Sperry Van Ness Florida is independently owned and operated.

3 APPROVED 1,125 UNIT PD List Price Size $4,900, Shape Irregular Zoning PD - Mixed Use Dimensions Topography Price Per Acre Flat - 17 acres+/useable $185, Price Per SF State Road 535, Orlando, FL PROPERTY DESCRIPTION HIGHLIGHTS Vacant Land Existing Structures Land Improvements Highly Motivated Seller Fully Approved 1,125 Room Hospitality PD Great access from SR 417, Interstate 4 & SR 535 Ideal For Timeshare Dev or Land Bank Play Approved PD for 1,125 Resort Hotel Units & 114,781 sf Retail Commercial Best Use Mixed use development Area This property is extremely well located within 2 miles from Disney & 5 miles from the convention center in Orlando. The land is ready for development and has excellent access from Interstate 4, 417 Expressway and SR 535. Tax Parcel No. Sewer Water Electric Gas Phone Corner Signalized Street Frontage Ingress/Egress Sub Market Market Yes Yes Yes N/A Yes N/A Property Motivated Seller. 26+ Acres of Vacant Land Fully Approved PD for 1,125 Resort Hotel Units & 114,781 sf Retail/Commercial. 17 Acres+/- useable. Ability to re-work PD. This is an ideal location for a timeshare development or a land bank play. 2 Miles to Disney and 5 miles to the Orange County Convention Center. Just off Interstate-4, SR 417 and SR 535. The property is adjacent to active Outlet mall Lake Buena Vista Factory Stores. With the sell-off of the retail portion of the property, you are at a low per room price of $3,500+/-. Concurrency is not in place. For Full PD Documents visit: under the additional information section. Poinciana Blvd(TBB) Primary point of Disney Area Orlando Exclusively Listed By: Miguel de Arcos Gardner Lloyd (407) mdearcos@svn.com (407) gardner.lloyd@svn.com The informa on listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness Offices Independently Owned and Operated.

4 1. Additional Information All Sperry Van Ness Offices Independently Owned and Operated.

5 Other Photo Other Photo The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

6 Other Photo The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

7 Parcel Map The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness Offices Independently Owned and Operated.

8 Parcel Report for on Tax Year 2011 Parcel Information - Tax Year 2011 Name/Address Information Name(s) CONVENTION CENTER VENTURES LLC Mailing Address W SUNRISE BLVD FL 3 PLANTATION, FL Parcel Information Parcel Id Physical Address POINCIANA BLVD Municipality UNINC ORG CNTY Millage Rate Property Use VACANT COMMERCIAL Property Description THE W1/2 OF NW1/4 OF NE1/4 OF NW1/4 OF SE1/4 & THE E1/2 OF NE1/4 OF NW1/4 OF OF NW1/4 OF SE1/4 & THE SW1/4 OF NE1/4 OF NW1/4 OF SE1/4 & THE SE1/4 OF NW1/4 OF NW1/4 OF SE1/4 & THE W1/2 OF SW1/4 OF NW1/4 OF SE1/4 & THE SE1/4 OF SW1/4 OF NW1/4 OF SE1/4 & THE E1/2 OF NE1/4 OF SW1/4 OF NW1/4 OF SE1/4 & THE NW1/4 OF SW1/4 OF SE1/4 OF SEC (LESS PART TAKEN FOR R/W ON W PER 6265/1437) Sales Information Instrument Number OR Book/Page (Deeds) Sale Date Sale Amount Deed Code Vac/Imp Code / /28/2007 $0 WD Vacant / /25/2006 $9,700 CM Vacant /2258 5/10/2004 $2,625,000 WD Vacant /0784 4/20/1999 $2,000,000 WD Vacant / /20/1989 $30,000 WD Vacant / /15/1989 $22,000 WD Vacant Value Summary Description 2011 Working Values 2010 Certified Values Method Of Valuation Market Market Number of Buildings 0 0 Building(s) Value $0 $0 Extra Feature Value $0 $0 Market Land Value $944,185 $1,110,535 Ag Classification Granted No No Ag AND Non-Ag Land Value $944,185 $1,110,535 Total Just Value $944,185 $1,110,535 Portability Amount Applied No - $0 No - $0 Save Our Homes Savings Applied No - $0 No - $0 Assessed Value $944,185 $1,110,535 Exemptions Applied No No Exemptions Working values may not reflect exemptions applied for prior to January 1st Description 2011 Working 2010 Certified Original Homestead Exemption Applied to All Millages $0 $0 Amendment 1 Additional Homestead Exemption Amount $0 $0 Additional Exemptions Applied to All Millages $0 $0 Limited Income Senior Exemption Applied No No Print Time: 4/20/2011 7:37 PM Report URL:

9 Parcel Report for on Tax Year Taxable Value and Estimate of Proposed Taxes Taxing Authority Assessed Value Exempt Amount Taxable Value Millage Rate Ad Valorem Taxes PUBLIC SCHOOLS: BY STATE LAW (RLE) $944,185 $0 $944, $5, PUBLIC SCHOOLS: BY LOCAL BOARD $944,185 $0 $944, $2, ORANGE COUNTY (GENERAL) $944,185 $0 $944, $4, UNINCORPORATED COUNTY FIRE $944,185 $0 $944, $2, UNINCORPORATED TAXING DISTRICT $944,185 $0 $944, $1, LIBRARY - OPERATING BUDGET $944,185 $0 $944, $ SOUTH FLORIDA WATER MANAGEMENT $944,185 $0 $944, $ SOUTH FLORIDA OKEECHOBEE BASIN $944,185 $0 $944, $ SOUTH FLORIDA EVERGLADES CONSTRUCTION $944,185 $0 $944, $ $16, Estimated Gross Tax Total: $16, Land Information Item Land Use Code Zoning* Land Units Unit Price Land Value Class Unit Price Land Class Value VACANT COMMERCIAL P-D ACRE(S) $85, $942,650 $0.00 $942, WASTE LAND P-D ACRE(S) $ $1,535 $0.00 $1,535 *Please contact your local Zoning Agency for the latest zoning information. Save Our Homes Benefit over 5 Years YEAR SOH Savings: (value not taxed) $0.00 $0.00 $0.00 $0.00 $0.00 Value Change: 64.3% decrease in Just Market Value within last 5 years.* Just Market Value: The most probable sale price of a property in terms of money in a competitive and open market, assuming that the buyer and seller are acting prudently, knowledgeably and for self-interest, allowing sufficient time for the sale, and assuming that the transaction is not affected by undue stimuli or duress. * A substantial increase or decrease in value may be due to changes in the property, such as improvements or demolition. This Data Printed on 04/20/2011 and System Data Last Updated on 04/19/2011 Print Time: 4/20/2011 7:37 PM Report URL:

10 Parcel Report for on Tax Year 2011 Parcel Information - Tax Year 2011 Name/Address Information Name(s) CONVENTION CENTER VENTURES LLC Mailing Address W SUNRISE BLVD FL 3 PLANTATION, FL Parcel Information Parcel Id Physical Address POINCIANA BLVD Municipality UNINC ORG CNTY Millage Rate Property Use NON-AGRICULTURAL ACREAGE Property Description W1/2 OF NE1/4 OF SW1/4 OF NW1/4 OF SE1/4 OF SEC Sales Information Instrument Number OR Book/Page (Deeds) Sale Date Sale Amount Deed Code Vac/Imp Code / /30/2009 $100 QC Vacant / /25/2006 $300 CM Vacant /2397 2/7/2005 $89,900 WD Vacant /0550 2/2/1989 $100 WD Vacant /0252 2/1/1989 $100 WD Vacant /4917 6/1/1988 $100 PR Vacant /4888 6/1/1988 $100 PR Vacant Value Summary Description 2011 Working Values 2010 Certified Values Method Of Valuation Market Market Number of Buildings 0 0 Building(s) Value $0 $0 Extra Feature Value $0 $0 Market Land Value $39,761 $39,761 Ag Classification Granted No No Ag AND Non-Ag Land Value $39,761 $39,761 Total Just Value $39,761 $39,761 Portability Amount Applied No - $0 No - $0 Save Our Homes Savings Applied No - $0 No - $0 Assessed Value $39,761 $39,761 Exemptions Applied No No Exemptions Working values may not reflect exemptions applied for prior to January 1st Description 2011 Working 2010 Certified Original Homestead Exemption Applied to All Millages $0 $0 Amendment 1 Additional Homestead Exemption Amount $0 $0 Additional Exemptions Applied to All Millages $0 $0 Limited Income Senior Exemption Applied No No Print Time: 4/20/2011 7:38 PM Report URL:

11 Parcel Report for on Tax Year Taxable Value and Estimate of Proposed Taxes Taxing Authority Assessed Value Exempt Amount Taxable Value Millage Rate Ad Valorem Taxes PUBLIC SCHOOLS: BY STATE LAW (RLE) $39,761 $0 $39, $ PUBLIC SCHOOLS: BY LOCAL BOARD $39,761 $0 $39, $99.32 ORANGE COUNTY (GENERAL) $39,761 $0 $39, $ UNINCORPORATED COUNTY FIRE $39,761 $0 $39, $89.21 UNINCORPORATED TAXING DISTRICT $39,761 $0 $39, $71.74 LIBRARY - OPERATING BUDGET $39,761 $0 $39, $14.90 SOUTH FLORIDA WATER MANAGEMENT $39,761 $0 $39, $10.14 SOUTH FLORIDA OKEECHOBEE BASIN $39,761 $0 $39, $11.12 SOUTH FLORIDA EVERGLADES CONSTRUCTION $39,761 $0 $39, $ $ Estimated Gross Tax Total: $ Land Information Item Land Use Code Zoning* Land Units Unit Price Land Value Class Unit Price Land Class Value NON-AGRICULTURAL A-2 1 LOT(S) $39, $39,761 $0.00 $39,761 ACREAGE Save Our Homes Benefit over 5 Years *Please contact your local Zoning Agency for the latest zoning information. YEAR SOH Savings: (value not taxed) $0.00 $0.00 $0.00 $0.00 $0.00 Value Change: 48.0% decrease in Just Market Value within last 5 years.* Just Market Value: The most probable sale price of a property in terms of money in a competitive and open market, assuming that the buyer and seller are acting prudently, knowledgeably and for self-interest, allowing sufficient time for the sale, and assuming that the transaction is not affected by undue stimuli or duress. * A substantial increase or decrease in value may be due to changes in the property, such as improvements or demolition. This Data Printed on 04/20/2011 and System Data Last Updated on 04/19/2011 Print Time: 4/20/2011 7:38 PM Report URL:

12 15553 S APOPKA VINELAND RD Orlando, FL Demographics Report 1.00 Mile Ring 3.00 Mile Ring 5.00 Mile Ring POPULATION 1990 Population 883 5,603 27, Population 2,399 11,415 59, Population 3,335 18,447 90,466 % Population Change % % % 2014 Total Population 3,523 19,702 96,043 % Population Change % % % % Population Change % 6.80 % 6.16 % 2014 Total Households 1,489 8,279 38,686 % Households Change % % % % Households Change % % % 2009 Household Income $200,000-$249, Household Income $250,000-$499, Household Income $500, Average Household Size Total Owner Occupied Housing Units 391 2,955 16, Total Renter Occupied Housing Units 944 4,272 18, Total Daytime Population 3,648 28,129 98, Total Daytime Work Population 2,479 19,247 57, Total Establishments 245 1,635 5,780 HOUSEHOLDS 1990 Households 316 2,055 11, Households 958 4,480 22, Households 1,351 7,433 35,020 % Households Change % % % The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

13 2009 RACE AND ETHNICITY White Population 2,107 12,637 56,759 Black Population 161 1,136 7,060 American Indian/Alaska Native Population Asian/Hawaiian/Pacific Islander Population 534 1,798 7,848 Other Population (Incl 2+ Races) 515 2,770 18, Hispanic Population 912 5,346 32, Non-Hispanic Population 2,423 13,101 57,507 INCOME 2009 Per Capita Income $37,032 $32,929 $31, Median Household Income $73,336 $59,594 $54, Average Household Income $91,415 $81,723 $81, HOUSEHOLD INCOME DISTRIBUTION Household Income < $10, Household Income $10,000-$14, ,139 Household Income $15,000-$19, ,614 Household Income $20,000-$24, ,266 Household Income $25,000-$29, ,978 Household Income $30,000-$34, ,077 Household Income $35,000-$39, ,693 Household Income $40,000-$44, ,791 Household Income $45,000-$49, ,273 Household Income $50,000-$59, ,148 4,141 Household Income $60,000-$74, ,377 3,978 Household Income $75,000-$99, ,659 6,985 Household Income $100,000-$124, ,876 Household Income $125,000-$149, Household Income $150,000-$199, The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

14 Location Map The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness Offices Independently Owned and Operated.