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8010 N Carolina Ln
Orlando, FL 32825
Land For Sale
·
4.15 AC


Investment Highlights
- Approved plans for a 72-unit age-restricted residential community on approximately 4.15 acres in East Orlando.
- Land clearing completed in June 2026, with vertical plans currently under review by the Orange County Building Department.
- Sitework plans approved by Orange County Utilities, Orange County Development Engineering, SJRWMD, and FDEP.
Executive Summary
A rare opportunity to acquire a **shovel-ready, 72-unit approved 55+ residential development in East Orlando, Orange County.** Silver Palms offers a new developer the ability to step into a project where approximately **four years of entitlement, engineering, permitting, and approval work has already been completed**, significantly reducing the time and uncertainty typically associated with bringing a new development from concept to construction.
Situated on **over 4.15 acres**, the approved community consists of **72 residential units**, including **48 two-bedroom units and 24 one-bedroom units**, along with a well-planned site design offering a **strong parking ratio**. The project has progressed through an extensive approval process. The **proposed sitework plans are fully approved by Orange County Utilities, Orange County Development Engineering, the St. Johns River Water Management District, and FDEP.** Land clearing was completed in **June 2026**, further preparing the site for development. The project is currently under review with the **Orange County Building Department for vertical plan approval**.
For a developer, the value is not simply in the land—it's in the **years of work already completed and the ability to move toward construction without starting the entitlement and permitting process from scratch.** Much of the heavy lifting has already been done, creating an opportunity to take over an advanced, thoughtfully planned project and move quickly toward vertical development. Silver Palms also benefits from a desirable **East Orlando location** with convenient access to major roadways, hospitals and medical services, shopping, dining, everyday necessities, and surrounding amenities—an especially attractive combination for a thoughtfully designed **55+ community**.
**72 approved units. 4+ acres. Sitework approvals in place. Land cleared. Vertical plans in review. Four years of development groundwork already completed.** Silver Palms presents a compelling opportunity for a developer looking to bypass years of preliminary work and bring an approved East Orlando project to life.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Single Family Development |
| Property Type | Land | Total Lot Size | 4.15 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 4.15 AC |
1 Lot Available
Lot
| Price | $5,990,000 | Lot Size | 4.15 AC |
| Price Per AC | $1,443,373.49 |
| Price | $5,990,000 |
| Price Per AC | $1,443,373.49 |
| Lot Size | 4.15 AC |
Situated on over 4.15 acres the approved community consists of 72 residential units.
Description
Silver Palms is a proposed 55+ residential development located in East Orlando, Orange County, on approximately 4.15 acres. The approved development plan includes 72 residential units consisting of 48 two-bedroom units and 24 one-bedroom units, with parking incorporated into the site design. Land clearing was completed in June 2026. The proposed sitework plans have received approvals from Orange County Utilities, Orange County Development Engineering, the St. Johns River Water Management District, and the Florida Department of Environmental Protection (FDEP). The project is currently under review by the Orange County Building Department for vertical plan approval. The property is located within East Orlando with access to major roadways, healthcare services, retail, dining, and other area amenities.
Property Taxes
| Parcel Number | 23-2230-0000-00-147 | Improvements Assessment | $0 |
| Land Assessment | $420,000 | Total Assessment | $420,000 |
