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$ 799,000
Est. payment /mo
Active
5574 Old Cheney Highway Orlando, FL 32807
0.97 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Lake Barton Park
MLS Listing ID A12009037
HOA Y/N No
Tax Year 2025
Lot Size 0.970 Acres
Acres 0.97
Property Sub-Type Multi Family
Property Description
Prime nearly 1-acre multifamily development opportunity in Orlando! This six-parcel assemblage is zoned R-3 and offers outstanding potential for residential development in one of Orlando's growing areas. Conceptual plans have been prepared for a 20-unit multifamily community consisting of 8 two-bedroom/one-bath units, 12 one-bedroom/one-bath units, and 42 parking spaces, providing an excellent foundation for future development. Ideally located along Old Cheney Highway, the property offers convenient access to major highways, Downtown Orlando, Orlando International Airport, shopping, dining, parks, schools, public transportation, and surrounding residential neighborhoods. A Phase I Environmental Site Assessment has been completed with no recognized environmental concerns identified, and additional development documentation is available for review. The site is vacant and undeveloped, presenting a rare opportunity for builders, developers, and investors in a high-demand residential market. Sale includes all six parcels.
Location
State FL
County Orange
Community Lake Barton Park
Area 5940 Florida Other
Exterior
Street Surface Paved
Private Pool Yes
Building
Lot Description <1 Acre, Interior Lot, Other
Faces North
Others
Tax ID 21-22-30-4312-01-021
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12009037
Listed by Reign Realty LLC
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