For Sale
$1,100,000

0 Westgate DrOrlando, FL 32835

1.51 Acres, Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1.51-acre commercial land parcel presents a unique investment opportunity in Orlando, Florida. Located on Westgate Dr in Orange County, zip code 32835, this property boasts a current Planned Development (PD) zoning designation, offering significant development flexibility. The site's strategic location provides convenient access to a thriving community, with approximately 1,345 multifamily units situated within walking distance, ensuring a robust potential customer base for any future development. The property's zoning within the U-AC area of MetroWest (Urban Activity Center) allows for substantial development density. Building regulations permit a maximum of 100 units per acre or a 1.0 FAR (Floor Area Ratio), while a minimum of 30 units per acre or a 0.75 FAR is also permissible. This translates to a potential buildable area for up to 150 units, making this land ideal for high-density residential or mixed-use projects. The asking price for this prime commercial land is $1,100,000. This is a rare opportunity to acquire a sizable parcel in a high-growth area with significant development potential. Don't miss out on this chance to capitalize on Orlando's thriving real estate market. Contact us today to learn more.

Highlights

  • Planned Development (PD) zoning.
  • 1.51-acre lot.
  • Over 1,340 multifamily units within walking distance.
  • MetroWest U-AC zoning allows up to 100 units per acre or 1.0 FAR, with a minimum of 30 units per acre or 0.75 FAR.
  • Potential to build up to 150 units.

Property Details for 0 Westgate Dr

Property type
Land
Lot Size (sq. ft)
65,776 SF

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.532081294087
Longitude
-81.463379123906
Westgate Dr, Orlando, Florida

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0 Westgate Dr
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