Description

1.16 ACRES ZONED R-3 POTENTIAL FOR 18 UNITS INVESTOR, YOU MUST READ THIS. Rare development opportunity in the heart of Pine Castle. 1.16-acre lot (50,481 sq ft) sold as a single property, zoned R-3 (multifamily) in Orange County and made up of six original lots (Lots 3-8, Block 22). Potential for up to 18 residential units.FOR RENT: 2story multifamily community, six triplexes (one x lot), townhomes/duplexes, or build to rent for stable long-term income.FOR SALE: for-sale townhomes, reconfigure and sell build-ready parcels to builders, sell turnkey triplexes to investors, or develop in phases.Property has recorded access to PRINCE ST and E BUCHANON AVE (3 direct street accesses), reinforcing its true development potential. In FEMA Zone X (not a flood zone, no mandatory flood insurance), vacant and ready to build, right in the Pine Castle/S. Orange Ave growth corridor (Orange Code/Vision 2050), with the Sand Lake Rd SunRail station just minutes away.Quick access to Orange Ave, OBT (US 441), Sand Lake Rd, I-4, and SR 528 (Beachline); only 12 min from Orlando Airport (MCO). Area receiving over $1 billion in active roadway improvements. Don't miss it! Buyer to verify zoning, land use, utilities, and development potential with Orange County. Buyer and buyer's agent to verify zoning, land use, utilities, and development potential.