5574 Old Cheney Highway,Orlando, FL 32807
Orlando, FL 32807
Description
Prime nearly 1-acre multifamily development opportunity in Orlando! This six-parcel assemblage is zoned R-3 and offers outstanding potential for residential development in one of Orlando's growing areas. Conceptual plans have been prepared for a 20-unit multifamily community consisting of 8 two-bedroom/one-bath units, 12 one-bedroom/one-bath units, and 42 parking spaces, providing an excellent foundation for future development. Ideally located along Old Cheney Highway, the property offers convenient access to major highways, Downtown Orlando, Orlando International Airport, shopping, dining, parks, schools, public transportation, and surrounding residential neighborhoods. A Phase I Environmental Site Assessment has been completed with no recognized environmental concerns identified, and additional development documentation is available for review. The site is vacant and undeveloped, presenting a rare opportunity for builders, developers, and investors in a high-demand residential market. Sale includes all six parcels.
Details
| MLS # | A12009037 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 188 |
| Listing Provided By | Reign Realty LLC | Rubi Rodriguez |
Features
| Acreage | 0.97 |
|---|
Exterior
| Lot Features | City Lot, Interior Lot, Other |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | FL |
|---|---|
| County | Orange |
| City | Orlando |
| Zip Code | 32807 |
| Area | 5940 Other Florida County |
| Subarea | Other |
| Community Name | LAKE BARTON PARK |
| Listing VS Median (in LAKE BARTON PARK) | |
Price: $799,000 low | high Med: $0 On site: 188 low | high Med: | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Orange |
| City | Orlando |
| Zip Code | 32807 |
| Area | 5940 Other Florida County |
| Subarea | Other |
| Community Name | LAKE BARTON PARK |
| Listing VS Median (in LAKE BARTON PARK) | |
Price: $799,000 low | high Med: $0 On site: 188 low | high Med: | |