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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.

 

  • 2.54 acres of land available (more or less)

  • Vacant corner lot at Cinderlane Pkwy and Lake Orlando Pkwy

  • Zoned R-3B/W multi-family residential

  • Land entitled for 52 apartments with 5 buildings

Property Flyer

Sold on April 29, 2022

for $795,000

Contact the Selling Agent

Dylan: (407) 462-1039

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Carrigan Realty, Inc.

REALTORS®

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Robert Carrigan IV: 407-462-7720

robertc4fish@aol.com

Dylan Bynum: 407-462-1039

bynumbiz@icloud.com

Florida Licensed Real Estate Broker

© 1945 Carrigan Realty, Inc.   Your Real Estate Expert

Office located at

18716 East Colonial Drive

Orlando, FL 32820

Office main: 407-568-2145

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Robert "Bob" Carrigan Jr: President/Owner

carriganre@aol.com

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