5001 Cinderlane Parkway, Orlando, FL 32808
LOCATION LOCATION LOCATION!! Perfect opportunity for a MULTI-FAMILY project for investors and developers on 2.5 acres of a corner lot. This property is located CLOSE to the upcoming DR. PHILIPS PACKING DISTRICT, with easy access to major roads, shopping, and business district. Minutes from downtown. The master plan is approved for 52 apartments by the City of Orlando. The Preliminary Site and Building Design are complete. The average apartment rental rates in the area are $1,800.00 for a three-bedroom and $1,600 for a two-bedroom. It will be a great CASH COW for your portfolio.
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2.54 acres of land available (more or less)
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Vacant corner lot at Cinderlane Pkwy and Lake Orlando Pkwy
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Zoned R-3B/W multi-family residential
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Land entitled for 52 apartments with 5 buildings