5574 Old Cheney Highway, Orlando FL 32807

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.

This income/multifamily home located at 5574 Old Cheney Highway, Orlando FL 32807 is currently for sale and has been available on Brickellsold for 86 days. This property is listed at $799K. It has N/A beds, N/A bathrooms, and is N/A square feet. 5574 Old Cheney Highway, Orlando FL 32807 is in Orlando county Orange County.