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4808 S Rio Grande Ave Orlando, FL 32839

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For Sale
$899,000

0.86-acre site ideal for affordable housing or multifamily development.

Lot size:
0.86 Acres

Property Features for 4808 S Rio Grande Ave

General Information

Lot size
0.86 Acres

Building Details

Year built
1956

Source: Lance Cobb Agent Lance Cobb

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Development Site in Growing Orlando

This 0.86-acre site in Orange County is zoned T4.3, presenting a development opportunity for Affordable Housing, Multifamily, or Mixed-Use projects. The zoning permits a Floor Area Ratio (FAR) of 1.5, supporting residential, commercial, and mixed-use designs. The property allows for 10 to 30 dwelling units per acre, and up to 40 dwelling units per acre under Affordable Housing provisions. A conceptual 21 Townhome Design Site Plan is available. The location provides easy access to Downtown Orlando and the Millenia area. Nearby amenities include The Mall at Millenia, Universal Orlando Resort, and the Orlando International Premium Outlets. The site is situated within minutes of major employment centers, shopping, and transportation. Proximity to major highways such as I-4 and the Florida Turnpike offers convenient regional connectivity. The surrounding neighborhood has experienced steady growth and redevelopment, making this a strategic choice for investors looking to deliver quality, affordable living in a desirable urban setting. The site combines accessibility, favorable zoning, and an active surrounding community to support a successful multifamily development.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Orlando
County
Brevard
State
Florida
Longitude
-81.4011214
Latitude
28.4904062

FAQs

What type of property is this?
Commercial land - 0.86-acre site ideal for affordable housing or multifamily development.
Where is this commercial land located?
The property is located at 4808 S Rio Grande Ave Orlando, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - High-Density Development Potential: Zoned T4.3, allowing 10-30 dwelling units per acre, and up to 40 units per acre for Affordable Housing projects.; - Prime Location: Situated in a growing Orlando corridor with easy access to major employment centers, shopping, and transportation.; - Affordable Housing Focus: Ideal for developing projects that meet the strong local demand for attainable housing options.
More about this property
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