Lake Buchanan Multifamily Development
For Sale
$2,500,000
4101 S Texas Ave, Orlando, FL 32839
Prime 5.93-acre parcel near Millenia Mall with development potential.
Property Size5 SF
Price / SF$500,000
Days on Market289
Property Features for 4101 S Texas Ave
General Information
Standard status
Active
Size
5 SF
Property subtype
Land
Listing Agency:
SVN | Commercial Advisory Group Sarasota
Listed By:
Lance Cobb · License #FL #SL3483253
(941) 356-4781
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Sep 5 at 5:17AM
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 SVN | Commercial Advisory Group Sarasota
Investment Insights
Based on property information with market context.
This 5.93-acre parcel presents a multifamily development opportunity on Lake Buchanan, near the Millenia Mall. Zoned for Medium Density Residential, the site allows for the construction of 90 to 120 units, with bonus allowances available for workforce or affordable housing initiatives. The property includes 3.53 acres of developable upland and a retention pond that may be shared with Orange County. The location provides convenient access to I-4, Hwy 441, and the Florida Turnpike, as well as the Millenia Mall Shopping District and Holden Avenue Extension. The area offers proximity to attractions such as The Florida Mall and Orlando International Premium Outlets, along with diverse retail and entertainment options. Downtown Orlando and Orlando International Airport are easily accessible via major transportation routes. The location also features a variety of dining experiences and outdoor recreational activities, with several parks located nearby, making it an ideal investment for residential real estate development.
Key Highlights
- Prime 5.93‑acre parcel on Lake Buchanan with development potential for 90‑120 units.
- Strategic location near Millenia Mall, I‑4, Hwy 441, and the Florida Turnpike.
- Medium Density Residential zoning with bonus allowances for workforce/affordable housing.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
Explore this area
Business Placement
Demographics for 32839, FL
58,641
Population
24,325
Households
2.4
Avg Household Size
32
Median Age
21%
College-Educated
83%
High-School Grad
7.4 sq mi
ZIP Area
7,924
Density / Sq Mi
$50,814
Median Household Income
$31,648
Median Earnings
$1,429
Median Rent
$250,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Prime 5.93-acre parcel near Millenia Mall with development potential.
Where is this land located?
The property is located at 4101 S Texas Ave Orlando, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime 5.93‑acre parcel on Lake Buchanan with development potential for 90‑120 units.; Strategic location near Millenia Mall, I‑4, Hwy 441, and the Florida Turnpike.; Medium Density Residential zoning with bonus allowances for workforce/affordable housing.
