Prime 1.32-Acre Multifamily Development opportunity in the highly sought-after Winter Park area! A thorough survey and recent appraisal is readily accessible, providing a solid foundation for exploring this prime parcel with promising future mixed-use zoning potential.
Strategically positioned among R3-zoned properties, this lot is primed for rezoning in alignment with the Vision 2050 Plan. Embracing forward-thinking urban development, the future land use designation allows for up to 20 dwellings per acre, with a planned transition to an Urban Corridor anticipated to take effect within the coming months, facilitating a maximum density of 50 du/ac. Additionally, opportunities for Affordable Housing options extend to 75 du/ac, underscoring a commitment to inclusive growth.
Enhancing its allure, the property boasts a livable house and pool, presenting leasing opportunities during the planning phases. With a daily car count surpassing 25,000, this location ensures unparalleled exposure, making it an attractive prospect for discerning home builders navigating dynamic urban development trends.
Seize this monumental opportunity to shape the future landscape of Winter Park. The seller invites all offers, recognizing the transformative potential of this exceptional property.