$799,000148 days on marketActive

5574 Old Cheney Highway, Orlando, FL 32807

Orlando, FL 32807

Sq Ft

0.97 acres

Lot Size

Listing Snapshot

List Price	$799,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.97 acres

Property Tax	$0/yr
MLS #	1158646767
Status	Active
Days on Market	148

About This Home

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.