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Approved Mixed-Use Development Site
For Sale
$9,950,000

319 N Magnolia Ave & 320 Palmetto Ave, Orlando, FL 32801

Approved urban development site with planned residential, retail, office, and structured parking components.

Property SizeContact for details
Days on Market70

Property Features for 319 N Magnolia Ave & 320 Palmetto Ave

General Information

Standard status Active
Property subtype Land

Building Details

Year Built 1978
Listing Agency: Boutique National LLC
Listed By: Matt Hall · License #SL3574657
Source: Bounat
Added: Jun 25 Changed: Aug 29 Last Checked: Sep 1 at 4:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boutique National LLC

Investment Insights

Based on property information with market context.

This 0.581-acre commercial land assemblage comprises approximately 25,310 square feet and has approval in place for a 26-story mixed-use tower approximately 260 feet tall. The approved program includes 232 multifamily units, approximately 6,000 SF of ground-floor retail, approximately 15,875 SF of office space, and 280 parking spaces within an integrated garage.

The property is located at 319 N Magnolia Ave & 320 Palmetto Ave in Orlando’s urban core, near Downtown Orlando and Lake Eola Park. The surrounding area includes residential, commercial, and retail development, with shopping, dining, entertainment, and major employers nearby. Major roadway and public transportation access are also identified for the site.

Key Highlights

  • 0.581‑acre assemblage totaling approximately 25,310 square feet
  • Approval in place for a 26‑story mixed‑use tower approximately 260 feet tall
  • Approved program includes 232 multifamily units

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Florist Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,243
Businesses Nearby

Demographics for 32801, FL

17,728
Population
12,133
Households
1.5
Avg Household Size
36
Median Age
63%
College-Educated
95%
High-School Grad
2.2 sq mi
ZIP Area
8,058
Density / Sq Mi
$77,626
Median Household Income
$63,090
Median Earnings
$1,773
Median Rent
$397,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved urban development site with planned residential, retail, office, and structured parking components.
Where is this commercial land located?
The property is located at 319 N Magnolia Ave & 320 Palmetto Ave Orlando, FL.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: 0.581‑acre assemblage totaling approximately 25,310 square feet; Approval in place for a 26‑story mixed‑use tower approximately 260 feet tall; Approved program includes 232 multifamily units
More about this property
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