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$ 480,000
Est. payment | /mo
1.24 Acres Lot
$ 480,000
Est. payment | /mo
1.24 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved
Listing Status Active
Purchase Type For Sale
Subdivision Prosper Colony
MLS Listing ID O6275770
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $773
Lot Size 1.240 Acres
Acres 1.24
Lot Dimensions 318 x 170
Property Description
Attention builders, developers, and investors! This high and dry vacant lot presents a rare opportunity for multi-family development in one of Orlando's most desirable locations. Zoned R-3 (Multi-Family Residential), this expansive parcel allows for 10+ units and offers the potential for re-zoning with Orange County approval. Ideally situated near The Florida Mall, Orlando International Airport, The Mall at Millenia, I-4, major highways, parks, and top entertainment destinations, this prime location ensures high rental demand and strong appreciation potential. With Orlando's booming population growth and an increasing need for multi-family housing, this property is perfect for developing apartments, townhomes, or a condo project. The opportunities are endless for those looking to capitalize on Central Florida's thriving real estate market. Don't miss out on this exceptional investment opportunity—contact us today for zoning details and development options!
Location
State FL
County Orange
Community Prosper Colony
Zoning ORG-R-3
Exterior
Utilities Available Electrical Nearby, Water Nearby
Building
Lot Description In County, Level, Paved
Lot Size Range 1 to less than 2
Sewer None
Water None
Others
Pets Allowed Yes
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required Optional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by RE/MAX TOWN & COUNTRY REALTY
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