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Off Market
1/14

4893 S Orange Blossom Trl
Orlando, FL 32839


HIGHLIGHTS

  • Excellent multifamily development opportunity less than 1.5 miles south of the I-4/Orange Blossom Trail interchange
  • Minutes away from Orlando International Airport, Universal Orlando Resort and other major attractions
  • Prime location near downtown Orlando, many shops and restaurants, and 2 miles from The Mall at Millenia, Orlando's top luxury shopping destination
  • Cleared and ready to develop with all utilities at site

OVERVIEW

9.62-acre multi-family development site located just south of Downtown Orlando. The current owner has amended the land use to Medium-High Density Residential, with an in-place zoning of MDHR 35 allowing for up to 266 multifamily units. Lakeside Lofts presents an ideal opportunity for a workforce housing development, utilizing its strategic position to capture the $2+ PSF rents in the submarket while also maintaining the potential to receive a 75% ad-valorem tax abatement via the new SB 102 legislation. The site also benefits from a location within the most accessible portion of Orlando, with an abundance of employment opportunities in the immediate vicinity and 25-minute drive time to all major submarkets of the Orlando MSA.

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Lakeside Lofts Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

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APN/PARCEL ID

15-2329-0000-00-078