5034 Old Cheney Highway, Orlando, FL 32807

Property Description

Rare builder and investor opportunity to acquire an oversized lot with potential for subdivision into two separate lots, subject to zoning and governmental approvals. The property currently holds a single-family residence and functional in-ground pool; however, the primary value is in the land and its redevelopment potential. Explore the possibilities of dividing the existing parcel and creating two new homesites, or pursue an alternative redevelopment plan. This is an exceptional opportunity for builders, developers and investors seeking a well-located property with significant upside. Buyer to independently verify lot dimensions, zoning, future land use, subdivision requirements, density, permitted uses, setbacks, utilities, access and all other development criteria with the appropriate governmental authorities. Property is being sold as-is. This property is zoned for top-rated schools including Baldwin Park Elementary, Glenridge Middle School and Winter Park High School.