For Sale
$6,500,000

14154 Ward RdOrlando, FL 32824

9.82 Acres, Prime Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 9.82-acre commercial land parcel presents a unique investment opportunity in the prestigious Lake Preserve/Lake Nona subdivision of Orlando, Florida. Located at 14154 Ward Road, this fee-simple property boasts A-2 zoning, allowing for a variety of development possibilities. Preliminary estimates suggest potential for approximately 44 single-family homes or 88 townhouses, capitalizing on the high demand for residential properties in this upscale neighborhood. The lot, measuring 630 feet by 630 feet, is characterized by mature landscaping and numerous oak trees. Significant infrastructure advantages exist, with water, sewer, electric, hydrant, and cable services readily available at the property line, potentially saving substantial development costs. The property's APN is 33-24-30-0000-00-007. Given the current market value of comparable land in Lake Nona, ranging from $800,000 to $1.2 million per acre, this offering represents a compelling investment at an asking price of $6,500,000. This is the last remaining 10-acre parcel within the subdivision, making it a truly rare and highly desirable acquisition. The property is situated in Orange County, Florida, with a zip code of 32824.

Highlights

  • Type: Residential land
  • Lot Size: 9.82 acres
  • County: Orange County, FL
  • Subdivision: Lake Preserve, Lake Nona

Property Details for 14154 Ward Rd

Property type
Land
Lot Size (sq. ft)
427,759 SF

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.3590368
Longitude
-81.3224511
14154 Ward Rd, Orlando, Florida

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14154 Ward Rd
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