Description
Offered at $550,000, this parcel represents a strategic acquisition opportunity in one of Orlando’s most desirable submarkets. The combination of approved residential zoning, existing infrastructure, and strong market fundamentals positions this property for immediate development initiation. Situated in one of Orlando’s most established districts, this 3.91-acre parcel presents a compelling development opportunity in a high-demand residential market. Located on University Boulevard, the property offers immediate development potential with existing residential zoning and complete utility infrastructure in place.
The property enjoys strategic positioning within Orlando’s growing metropolitan area:
7 minutes from the University of Central Florida
16 minutes from Orlando International Airport
22 minutes from Orlando Sanford International Airport
This prime location places the development within one of Central Florida’s most stable and appreciating real estate corridors, surrounded by established premium neighborhoods and essential amenities.
The property comes with several distinct advantages that position it for immediate development:
Current residential zoning for single-family homes
Complete utility infrastructure including city water and sewer
Multiple viable development concepts that accommodate existing wetlands
Ready for immediate plat submission to the county
Recent comparable sales in the immediate vicinity demonstrate strong market fundamentals:
3754 N Econlockhatchee Trail: $725,000 (February 2024)
9200 Amity Court: $538,000 (August 2023)
8832 Larwin Lane: $600,000 (June 2023)
8866 Larwin Lane: $505,000 (August 2023)
9214 Fable Street: $401,000 (March 2023)
These transactions reflect the area’s robust demand and potential for significant value appreciation post-development.
A comprehensive due diligence package is available, including:
Concept drawings with lot yield analysis
County utility documentation
Development feasibility studies
Wetlands impact assessment
For detailed documentation and site inspection arrangements, please contact our office directly.