Property summary
This exceptional 3.83-acre commercial land parcel in Orlando, Florida, presents a unique investment opportunity. Located on South Apopka Vineland Road (SR-535), in Orange County, zip code 32821, this property boasts stunning Lake Bryan frontage. The site is fully approved for the development of 280 residential units, with complete architectural and engineering plans already finalized. All necessary permits, including those from the Water Management District and the Army Corps of Engineers, are in place. Concurrency is reserved, and transportation impact fees have been paid, streamlining the development process. The property includes easements for two signs on Apopka Vineland Road, enhancing visibility and marketing potential. Furthermore, the site benefits from access to a shared community pool and dock. Its prime location places it within minutes of major tourist attractions such as Disney Springs and the Orlando Premium Outlets, making it an ideal location for a hotel, timeshare, or multifamily development. The asking price is $4,700,000, translating to $1,227,154 per acre. This development aligns with the Vision 2050 plan for multifamily development in the area. This is a rare opportunity to acquire a fully permitted and strategically located development site in one of Orlando's most desirable areas.
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