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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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5574 Old Cheney Hwy , Orlando, FL 32807
$799,000
Est. Payment: $1,775.56/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 120
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RIGY01 - 3451473,3595215
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House Description

Prime nearly 1-acre multifamily development opportunity in Orlando! This six-parcel assemblage is zoned R-3 and offers outstanding potential for residential development in one of Orlando's growing areas. Conceptual plans have been prepared for a 20-unit multifamily community consisting of 8 two-bedroom/one-bath units, 12 one-bedroom/one-bath units, and 42 parking spaces, providing an excellent foundation for future development. Ideally located along Old Cheney Highway, the property offers convenient access to major highways, Downtown Orlando, Orlando International Airport, shopping, dining, parks, schools, public transportation, and surrounding residential neighborhoods. A Phase I Environmental Site Assessment has been completed with no recognized environmental concerns identified, and additional development documentation is available for review. The site is vacant and undeveloped, presenting a rare opportunity for builders, developers, and investors in a high-demand residential market. Sale includes all six parcels.

Highlights

Listed by Rubi Rodriguez , 786-899-1450 and Harold Guido , 786-226-5357 Reign Realty LLC , 786-899-1450.

Property Type

Vacant Land

Lot/Acreage
0.97

County

Orange

Area

5940 Florida Other

Neighborhood

Lake Barton Park

Listing ID

A12009037

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:<1 Acre,Interior Lot
Principal Interest
$1,776
Taxes
$509

Home Price

$799,000

Loan Details

30 yrs
%

Down Payment

20%
$159,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,775.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,775.56 $509.36 $0.00 $2,284.92
Yearly $21,306.67 $6,112.35 $0.00 $27,419.02
Total $639,200.00 $183,370.50 $0.00 $822,570.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Orlando, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.