County up-zoning parcel to 30 du/ac!
Property is at the junction of E Colonial Drive and the terminus of SR 408 and is surrounded by upscale apartments, single family, and newly developed retail.
Orange County Vision 2050 is upzoning the parcel to newly created T4.1 Transect (new name for Zoning District) and Proposed Place Type (new name for Future Land Use) of Traditional Neighborhood, with a max density of 30 dwelling units per acre.
County shows 3.15 acres buildable, 1 acre of wetlands at the north end of the property.
Parcel is adjacent to recently built luxury apartment complexes that sold for $510,000 per acre in 2021.
Located on access road off Woodbury Rd. East Colonial has 46,500 vehicles per day and Woodbury Rd has almost 20,000 vehicles per day.
Located minutes from UCF, Central Florida Research Park, Valencia College, Waterford Lakes, and every kind of retail available nearby. 15 minutes to downtown Orlando via the 408 Expressway.
Listing Courtesy of STELLAR / Coldwell Banker Realty / Michael "Mike" Palombi
$925,000
Sanford Area Land
Pending
223 W 3rd Street Sanford, FL 32771
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0 Baths
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MLS# O6251307
Under contract-accepting backup offers. BIG PRICE REDUCTION! Rare large commercial redevelopment site opportunity in red-hot downtown historic Sanford. Approximately 1.2 acres on 5 parcels on main thoroughfare through downtown, site has frontage and access from 3rd & 4th Streets. SC-3 Special Commercial zoning allows many commercial uses and can allow multi-family. Future Land Use is WDBD, Waterfront Downtown Business District, which allows for minimum set-backs, lower parking requirements, and up to 50 units/acre. Includes 3,760 sq ft historic warehouse built around 1910 with almost 2,000 ft covered porch – perfect for conversion to a microbrewery. Massive commercial and residential growth in the area. New restaurants & microbreweries are opening up the west end of historic downtown Sanford. Some of the buildings along 3rd St have fire damage. Please see survey and zoning docs.
Listing Courtesy of STELLAR / Coldwell Banker Realty / Michael "Mike" Palombi
$650,000
Lake Mary Area Land
Active
160 N 4th Street Lake Mary, FL 32746
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0 Baths
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MLS# O6275577
Rare commercially zoned lot in downtown Lake Mary square connected to the vibrant shopping and dining district! Directly adjacent to Central Park at City Hall, downtown shops and restaurants, and walking distance to Lake Mary Sunrail Station. Property is zoned DC - Downtown Centre - Refer to chapter 154.67 in the Code of Ordinances. Allows for retail, office, restaurants, possible 2-story Live/Work opportunity. Sewer and water hooked up to residence. Micro retail development with salon space under construction on the southeast corner of 4th and Crystal Lake Ave, townhome projects proposed one block away on Wilbur Ave. City of Lake Mary has approved front parking on Crystal Lake and there is paved public parking on the corner and across the street. Located near City Hall, many great dining places, shopping, I-4, Lake Mary Blvd., and 417. Lots of exposure for your business and great foot traffic. Value is in the land.
Listing Courtesy of STELLAR / Coldwell Banker Realty / Michael "Mike" Palombi