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4166 Tymberwood Ln
Orlando, FL 32839
Lakefront Garden Multifamily Development Site · Land For Sale · 28.00 AC

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INVESTMENT HIGHLIGHTS

  • Massive Impact Fee Discount: Due to previous construction, the site is exempt from impact fees, equivalent to a discount of $4.8 million
  • Optimal Zoning: Benefit from the flexible R-3 (Multifamily Dwelling District) zoning, permitting 20du/ac.
  • Premium Revenue Potential: Maximize returns with "Waterline Residences", with additional revenue potential from optional boat-slip rentals.
  • Off-Site Infrastructure in Place: Secure your investment with a fully developed site where infrastructure and utilities are in place.
  • Strategic Location: Capitalize on the prime location on Lake Catherine, offering panoramic waterfront views and exceptional connectivity
  • Opportunity Zone: This exemption provides substantial cost savings and directly improves project feasibility.

EXECUTIVE SUMMARY

This high-density residential multi-family development, the Preserve on Lake Catherine, is strategically located in unincorporated Orange County near major employment and retail hubs, including Downtown Orlando, the Millenia district, and Universal Studios. This site offers a rare combination of a prime waterfront location and immediate development potential. With current site zoning for up to 560 multi-family units and approximately 28 buildable upland acres, this property is perfectly poised to meet the rising demand for premier residential living.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
Total Lot Size 28.00 AC
Zoning R3 - Total Land Area: ±63 acres (±28 acres upland buildable) Zoning: R-3 (Multiple-Family Dwelling District) Future Land Use: MDR (Medium Density Residen

1 LOT AVAILABLE

Lot

Price $15,000,000
Price Per AC $535,714.29
Lot Size 28.00 AC
  • Listing ID: 39083837

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 4166 Tymberwood Ln, Orlando, FL 32839

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