Virtual TourMap

For SaleMulti FamilyActive

5574 Old Cheney Highway

Orlando, FL 32807

$799,000

195 Days On Site

  • 0.97Acres
  • OrangeCounty
Subdivision
Lake Barton Park
County
Orange
MLS®
A12009037

Overview

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.

Listing Snapshot

Price
$799,000
Days On Site
195 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.97 Acres
Year Built
N/A
MLS® Number
A12009037
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

4 items
Acres
0.97
Building Features
NotApplicable
Direction Faces
North
Property Sub Type
Multi Family

Exterior Features

1 item
Lot Features
Interior Lot, Other

Community Features

3 items
MLS Area
5940 Florida Other
Financing Terms Available
Cash, Conventional
Roads
Paved

Location

5574 Old Cheney Highway, Orlando, FL 32807 · 5940 Florida Other

$4.9M
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Neighborhood & Commute

ZIP Code 32807

Median household income
$55,512
Income per person
$27,126
Households
14,616
Average household size
2.52
Median age
36.9

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active
  4. Price changed to $799,000

Friends & Family

Listing courtesy of Reign Realty LLC (786) 899-1450

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-09 09:33 PM EST

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