Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5574 Old Cheney Hwy, Orlando, FL, 32807

--beds
--baths
--sqft
$799,000
--price/sqft
$5,264/moest. monthly cost
$210,560/yrincome needed

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.

Getting Around

70
WalkingSomewhat Walkable
40
TransitSome Transit
73
BikeVery Bikeable

Schools

9/10
7/10
Glenridge Middle SchoolGrades 6-81.8 mi
7/10
Winter Park High SchoolGrades 9-121.8 mi

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Property

Details

  • Parcel number: 212230431201021

Features

  • Residential vegetation: Other Trees,Partially Wooded

Lot

  • Lot size: 0.97 Acres
  • Features: City Lot,Inside Location,Other Location,3/4 To Less Than 1 Acre Lot,Interior Lot,Other,Curb,Sidewalk,Street Lights