Multifamily Development Site

4101 S Texas Ave, Orlando, FL 32839

Description Exciting Multifamily Development Opportunity on Lake Buchanan near Orlando's premier Millenia Mall! This prime 5.93-acre parcel offers a strategic location with potential for up to 90-120 units, thanks to Medium Density Residential zoning and bonus allowances for workforce/affordable housing initiatives. Enjoy lakefront views and convenient access to I-4, Hwy 441, and the Florida Turnpike, plus proximity to the Millenia Mall Shopping District and Holden Avenue Extension. This site includes 3.53 acres of developable upland and a retention pond that may be shared with Orange County, maximizing its development potential. Don't miss out on this ideal investment opportunity in sought-after Southwest Orlando! The area boasts proximity to exciting attractions including The Florida Mall and Orlando International Premium Outlets, providing an abundance of retail and entertainment options for future residents. With convenient access to major transportation routes, downtown Orlando and Orlando International Airport are within easy reach. The location also offers a range of dining experiences and outdoor recreational activities, with several lush parks nearby. The property's strategic placement in this bustling area makes it an ideal investment for those seeking to capitalize on the growing demand for residential real estate in this dynamic market. Highlights

Contact

Broker or Owner Contact
Lance Cobb
,
Phone: (941) 356-4781
lance.cobb@svn.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 1271
Building Size
Site Size (acres)
Zoning
Year Built
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 2500000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.499017
Longitude -81.405724
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider