Map

For SaleLandActive

512 Palmetto Street

Orlando, FL 32824

$520,000

31 Days On Site

  • 0.49Acres
  • R-2Zoning
  • OrangeCounty
Subdivision
Spahlers Add
County
Orange
MLS®
S5159107

Overview

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.

Listing Snapshot

Price
$520,000
Days On Site
31 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.49 Acres
Year Built
N/A
MLS® Number
S5159107
Status
Active
Property Tax
$2,616.1 (2024)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

6 items
Acres
0.49
Additional Property Use
Residential
Sewer
Septic Needed
Utilities
Electricity Available, Water Available
Water Source
Public
Zoning
R-2

Exterior Features

2 items
Fencing
Wood
Lot Features
Corner Lot

Community Features

4 items
MLS Area
32824 - Orlando/Taft / Meadow woods
Township
23
Financing Terms Available
Cash, Conventional
Roads
Asphalt

Location

512 Palmetto Street, Orlando, FL 32824 · 32824 - Orlando/Taft / Meadow woods

$1.5M
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Neighborhood & Commute

ZIP Code 32824

Median household income
$74,878
Income per person
$30,071
Households
19,969
Average household size
3.07
Median age
39.1

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

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Listing courtesy of AROD PARTNERS REALTY (407) 627-7621

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: 2026-11-08 12:51 AM EST

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