512 PALMETTO ST, Orlando, FL 32824
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$ 520,000
Est. payment | /mo

0.49 Acres Lot


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$ 520,000
Est. payment | /mo
Save

0.49 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Spahlers Add

MLS Listing ID S5159107

HOA Y/N No

Annual Tax Amount $2,616

Lot Size 0.490 Acres

Acres 0.49

Lot Dimensions 150x143

Property Sub-Type Residential

Source Stellar MLS

Property Description

City-Approved Orlando Townhome Development – Prime Investment Opportunity

An exceptional opportunity to acquire a strategically located residential development featuring four modern, single-story townhomes, each designed with 3 bedrooms, 2 bathrooms, and approximately 1,650 SF of living space.

A major advantage of this opportunity is that the development plans have already been approved by the City, allowing a buyer or developer to move forward with significantly less entitlement and approval risk and saving valuable time in the development process.

The property is ideally positioned in a highly accessible Orlando location, just 5 minutes from the Florida Turnpike and Orange Blossom Trail (OBT) and approximately 10 minutes from I-4 and FL-528, providing convenient connectivity to employment centers, shopping, dining, entertainment, and surrounding Orlando communities.

With City-approved plans, four thoughtfully designed residences, and a well-connected location, this project offers investors and builders an attractive opportunity to bring a desirable residential product to one of Central Florida's most active housing markets.

The plans are approved. The vision is established. The opportunity is ready for the next developer.

Location

State FL

County Orange

Community Spahlers Add

Area 32824 - Orlando/Taft / Meadow Woods

Zoning R-2

Exterior

Fence Board, Wood

Utilities Available Electricity Available, Public, Water Available

View Y/N No

Water Access No

Building

Lot Description Corner Lot

Lot Size Range 1/2 to less than 1

Sewer Septic Needed

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by Alejandro Rodriguez AROD PARTNERS REALTY

Schools and Properties Nearby

Learn More About LPT Realty

Maribel Luque
Maribel Luque

Agent License ID: SL3422999

+1(407) 791-8340 | maribelluquerealty@gmail.com

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512 PALMETTO ST