5721 S Texas Ave
Orlando, FL 32839 Park Central

This prime 2.03-acre lot in the heart of Orlando offers an exceptional opportunity for multi-family development, with its highest and best use aligned with the city’s growing demand for residential projects. Currently zoned R-3 and slated for a zoning upgrade to T4.3 in mid-2025, the property will allow a maximum density of 30 units per acre, accommodating up to 67 units. The lot is strategically positioned at the southeast corner of S Texas Avenue and Wakulla Way, benefiting from future road improvements that will enhance accessibility and exposure. The generally level, rectangular lot is situated in Flood Zone X (unshaded), ensuring minimal development restrictions. With nearby amenities, strong local growth, and a vibrant multi-family market, this parcel is perfect for developers aiming to deliver townhomes or apartment units in a high-demand area.