5574 Old Cheney Highway, Orlando FL 32807

For sale Days on market 120

LAKE BARTON PARK [ Income/MultiFamily ]

$799,000

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Overview

0.97 acres

Property Type

Income/MultiFamily

Property 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.

Property Details

MLS#

A12009037

Building

LAKE BARTON PARK

Address

5574 Old Cheney Highway

City

Orlando

State/county

Zip/Postal Code

32807

Area

Lake Barton Park

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$--

Maint Fee

$--

Tax Year

2025

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