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4101 S Texas Ave 5.88 Acres of Commercial Land Offered at $2,500,000 in Orlando, FL 32839
Investment Highlights
- Ideal investment for those seeking to capitalize.
Executive Summary
Positioned along the shores of Lake Buchanan, this ±5.93-acre development site offers a rare opportunity in one of Southwest Orlando's growing residential corridors. The property benefits from a Medium Density Residential (MDR) Future Land Use designation and excellent connectivity to I-4, U.S. Highway 441, the Florida Turnpike, and the Millenia Mall shopping and employment district.
According to an Orange County Planning Department density verification dated June 5, 2026, the property contains approximately 2.29± upland acres based upon an existing Conservation Area Determination (CAD), supporting up to 45 dwelling units by right. The County further notes that the site may qualify for increased density of up to 61 dwelling units if applicable workforce/affordable housing incentive criteria are satisfied.
Additional site features include scenic lake frontage and an existing stormwater retention area that may provide development efficiencies, subject to buyer verification and governmental approvals.
Buyer to independently verify all zoning, land use, wetlands, density calculations, development potential, and governmental approvals during due diligence.
Property Facts Under Contract
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.88 AC |
| Property Type | Land | ||
| Zoning | R-3 - Residential | ||
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.88 AC |
| Zoning | R-3 - Residential |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 5.88 AC |
| Price Per AC | $425,170.07 |
| Price | $2,500,000 |
| Price Per AC | $425,170.07 |
| Lot Size | 5.88 AC |
Positioned along the shores of Lake Buchanan, this ±5.93-acre development site offers a rare opportunity in one of Southwest Orlando's growing residential corridors.
Description
Exciting Multifamily Development Opportunity on Lake Buchanan near Orlando's premier Millenia Mall! This prime 5.93-acre parcel offers a strategic location with potential for up to 90-120 units, thanks to Medium Density Residential zoning and bonus allowances for workforce/affordable housing initiatives. Enjoy lakefront views and convenient access to I-4, Hwy 441, and the Florida Turnpike, plus proximity to the Millenia Mall Shopping District and Holden Avenue Extension. This site includes 3.53 acres of developable upland and a retention pond that may be shared with Orange County, maximizing its development potential. Don't miss out on this ideal investment opportunity in sought-after Southwest Orlando!
Property Taxes
| Parcel Number | 10-2329-0000-00-031 | Improvements Assessment | $0 |
| Land Assessment | $330,997 | Total Assessment | $330,997 |
Property Taxes
Presented by
4101 S Texas Ave
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