4101 South Texas Avenue
4101 South Texas Avenue
$2,500,000
122,403 / 2.81
Description
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...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.
- Listed by Hazel Heyer • KELLER WILLIAMS LEGACY REALTY
Property Details for 4101 South Texas Avenue
Township
23
WaterfrontYes
Water ViewLake
Location
LISTING UPDATED: 03/11/2024 02:42 PM
Property Details for 4101 South Texas Avenue
Status | Active |
---|---|
MLS # | S5100923 |
Days on Market | 56 |
Taxes | $5,133 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 2.81 AC |
County | Orange County |
Location
Building Information for 4101 South Texas Avenue
Lot Size2.81 AC
Payment Calculator
$14,071 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4101 South Texas Avenue
Property History for 4101 South Texas Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4101 South Texas Avenue
Taxable ValueLand$330,997Additions-Total$330,997
Tax Record2023$5,133 ($428 / month)
Home Facts
Beds0Lot Size122,404 SqFtStyleResidentialZoningR-1AACountyORANGEAPN10-23-29-0000-00-031
Schools near 4101 South Texas Avenue
This home is within Orange.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Charter - | K to 8 | |||
Public - | 5 to 8 | |||
Charter - | 8 to 12 |
Rating | School | Distance |
---|---|---|
Catalina Elementary School PublicPK to 5 | ||
Cornerstone Academy Charter CharterK to 8 | ||
Memorial Middle School Public5 to 8 | ||
Cornerstone Charter Academy High School Charter8 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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