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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.47 acres
Rarely offered large-lot assemblage zoned R-2B, presenting a truly unique opportunity for developers and investors to design and build a boutique residential community in the heart of Downtown Orlando. Ideally located along South Mills Avenue between Lake Davis and Lake Greenwood, this prime location is surrounded by some of Orlando’s most sought-after lifestyle amenities, including Lake Davis, Lake Greenwood, Mills Market, Lake Cherokee, Delaney Park, and Lake Eola. The combined properties are beautifully shaded by a canopy of mature Florida live oak trees, thoughtfully positioned primarily within the setbacks to allow flexibility for future development. Zoning allows for a wide range of development options, including single-family homes, tandem duplexes, or smaller apartment buildings, with the ability to construct up to three stories and rooftop decks. When combined, the parcels offer the potential to develop up to an eight-unit multifamily complex, subject to zoning and buyer verification. A truly rare opportunity to generate rental income while developing, with existing structures providing interim income and the ability to build additional units to the rear of the property. Located in one of Downtown Orlando’s highest-demand rental markets, the assemblage offers exceptional long-term upside with convenient access to SR-408 and the urban core. This is a must-see in person to fully appreciate the beautiful landscape, mature trees, and exceptional development potential. Opportunities like this are seldom available in such a prime location — the possibilities are endless for those seeking to build in one of Orlando’s most desirable downtown neighborhoods.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.47
-
Property Type
Land
Price
-
Sales Price
$1,300,000
-
Tax Amount
$7,924
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Wael Georgey , PROPERTIES IN TOWN
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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