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
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
- Listing updated with changes from the MLS®
- Listing first seen on site
- Status changed to Active
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