5230 EGGLESTON AVE  •  $550,000
ORLANDO, Florida 32810

$550,000
0
0.84

Investor or Developer Opportunity. This .84 acre multifamily parcel located between Winter Park and College Park. Great Development Opportunity that includes Land and Conceptual Design for 16 Multi-family Units. Close to new Wal-Mart Market store. Easy access to I-4. Design has been reviewed by Orange County. Units have 2 Bedrooms and 2 Bathrooms with 891 Net Rent-able Square Feet each. Design combines 12 garage parking spaces with 21 surface parking spaces. Resident Club Room and Pool Area are great amenities incorporated into design. Three Story Walk Up concept with double loaded corridors to maximize building efficiency and reduce construction costs. Type V construction (most affordable construction type in Florida Building Code) can be used. Elevator is not required but could be added at Buyer/Developers preference. Concept Drawings and Visualization are included in the sale. Note: Future Land Use Designation for property is Medium Density Residential which limits property to 20 Dwelling Units per Acre or 16 units. Buyer submit an Application for a Comp Plan Amendment to request High Density Residential which would allow up to 50 Dwelling Units per Acre at the Buyer’s Request.Prior planned project (town homes) had Storm water ponds, underground drainage, underground utilities installed on site which do not fit current concept shown in listing. Impact fee credits may also be available. Inquire for additional information.

Listed By: La Rosa Realty, LLC


  • MLS #: O5543559
  • Acres: 0.84
  • Taxes: $1869 for 2016
  • Built in
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