319 Magnolia AveOrlando, FL 32801

This exceptional 0.581-acre land parcel in Orlando, Florida, presents a rare opportunity for high-density development. Located at 319 N Magnolia Ave, in Orange County (zip code 32801), this property boasts an approved plan for a 26-story mixed-use tower, approximately 260 feet tall. The approved plans encompass roughly 232 multifamily residential units, approximately 6,000 square feet of ground-floor retail space, and approximately 15,875 square feet of office space. An integrated parking garage with approximately 280 spaces is also included in the approved design. The site is zoned AC-3A/T and its APN is 26-22-29-8596-00-112. Its prime location near Downtown Orlando and Lake Eola Park offers unparalleled access to major employers, shopping, dining, and entertainment venues. Excellent access to major roadways and public transportation ensures seamless connectivity throughout the city. The surrounding area features a vibrant mix of residential, commercial, and retail developments, creating a thriving urban neighborhood. This is an exceptional investment opportunity in a high-demand market. The asking price for this remarkable property is $9,950,000.