0 Kentucky AveOrange City, FL 32763

This exceptional 20-acre parcel in Orange City, Florida, presents a unique investment opportunity. Currently zoned RR (low-density residential), this property offers significant potential for multifamily development, with a conceptual site plan suggesting capacity for approximately 300 units. The land boasts approximately 1,330 feet of frontage along its east side, abutting S. Kentucky Ave, and measures roughly 1,330 feet east-to-west by 665 feet north-to-south. Its location directly west of I-4 provides excellent access and visibility. Furthermore, the property's proximity to the planned FDOT I-4 "Beyond the Ultimate" overpass extension, connecting Orange City to Deltona via an extension of E Rhode Island, significantly enhances its long-term value. While situated within Volusia County's jurisdiction, it's surrounded by Orange City, creating a strong opportunity for annexation, particularly given the city's proactive approach to expanding its boundaries for improved emergency services. This strategic location, coupled with the high growth potential of the area, makes this a compelling investment for developers seeking a prime multifamily development site. The APN is 801200000223.