• 4101 S Texas Avenue ORLANDO, FL 32839

  • $2,500,000
  • 122,403
    Sq Ft
  • 2.81
    Acres
  • Listed By: KELLER WILLIAMS LEGACY REALTY
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

Near the biggest retail Millenia Mall in Orlando, here is one excellent MULTIFAMILY development opportunity right on Lake Buchanan. Depending on site plan design, zoning could permit FROM 90-120 units per useable acre which is 3.53 acres of Upland (with a future land use designation of Medium Density Residential that allows 20 units per acre and an additional 25% plus number of units, allowable bonus for workforce/ affordable housing projects). Total acreage of 5.93 includes a retention pond that could possibly be co-used with Orange County. This vacant land is located in Southwest Orlando with a lakefront view of Lake Buchanan. Just minutes from major highways such as I-4, Hwy 441 and Florida Turnpike also additional access to the Millenia Mall Shopping District / Holden Avenue Extension. Being zoned multi-family gives any developer many options to choose from to make this location an excellent investment opportunity. Road extension at Holden Ave gives easy access to Texas Ave. Several waterfront condos or apartments have been built in thie location with parcels upwards of $5 Million to $43 Million. This is lake front with lake access to Lake Buchanan. Traffic count is 162,500 car per day.

Property Type :

Land

County :

Orange

Style :

Land

Property Details

 

Water Source

Water front: 1

WaterSource: Public

Lot Information

Lot Dimensions: 367x356

Lot Description: City Limits, In County, Level, Retention Pond, Paved, Urban

Lot Square Feet: 122403

Lot Acres: 2.81

Lot Size (SqMt): 11372

Property Information

Property Type: Land

Listing Price Information

Original List Price: $2500000

Tax Information

Tax Block: 00

Tax Book Number: 00

Tax Lot: 31

Tax Legal Description: FROM SE COR OF N1/2 OF NE1/4 OF SW1/4 RUN W 1328.25 FT FOR POB S 663.71 FT TO SECOR OF NW1/4 OF SW1/4 W 356 FT N 781.14FT SELY ALONG CURVE 328.39 FT TH ALONGREVERSE CURVE 39.44 FT S 37.81 FT TO POBIN SEC 10-23-29

Annual Tax: $5133

Tax Year: 2023

Parcel Number: 10-23-29-0000-00-031

Utility Information

BB/HS Internet Available, Electricity Available, Sewer Available, Water Available

Sewer: Public Sewer

Water Source: Public

Location Information

City: ORLANDO

Direction: Drive north on S John Young Parkway, Right on Holden Ave, Left on S Texas Ave, property is on the right, cleared fenced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3809 S Tampa Avenue, Orlando, FL,32839 $399,000 -- -- 109,336 2.51 Acres
1948 Lake Atriums Circl.., Orlando, FL,32839 $160,000 2 2 864 0.22 Acre
1850-1900 Holden Avenue, Orlando, FL,32839 $380,000 -- -- 121,097 3 Acres
1204 41st Street, Orlando, FL,32839 $2,800,000 5 4 4,021 10 Acres
5804 Joyce Street, Orlando, FL,32839 $174,100 3 2 1,097 0.17 Acre
4350 S Texas Avenue, Orlando, FL,32839 $139,000 -- -- 14,810 0.34 Acre
2117 Lyme Bay Drive #604, Orlando, FL,32839 $92,600 1 1 670 0.02 Acre
2300 Presidio Place, Orlando, FL,32839 $980,000 -- -- 520,109 11.94 Acres
2508 Lemon Tree Lane #D, Orlando, FL,32839 $108,000 1 1 729 0.02 Acre
3702 Palm Desert Lane #.., Orlando, FL,32839 $195,000 2 2 947 0.23 Acre

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Based on information submitted to the MLS GRID as of 05/05/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 05/05/2024 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 05/05/2024 @ 18:20

MLS: MFRMLS #S5100923
LISTED BY: Hazel Heyer, KELLER WILLIAMS LEGACY REALTY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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