512 Palmetto Street
ORLANDO, FL 32824
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Profitable Townhome Development – Exceptional Investment Opportunity! Positioned in a highly strategic location, this project features four single-story townhomes, each offering 3 bedrooms, 2 bathrooms, and 1,650 sqft of modern living space. Designed for high market appeal, this development is a rare chance to capitalize on the booming demand for quality housing in Orlando. Conveniently situated just 5 minutes from the Turnpike and Orange Blossom Trail (OBT), and only 10 minutes from I-4 and FL-528, the property provides unmatched accessibility for residents. Whether for commuting, shopping, or entertainment, this location offers ultimate convenience. The project is nearing shovel-ready status, with plans already submitted to the city and currently in the final phase of approvals. This ensures a smooth transition for investors or builders looking to execute this high-demand residential project with minimal delays. Take advantage of this exceptional investment opportunity in one of Orlando's most connected and thriving areas. Contact us today for more details and seize the potential of this exclusive development.
Last checked:
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Last updated Mar 31, 2025
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MLS# S5122688 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:From Florida’s Turnpike, take the exit for Orange Blossom Trail (OBT) and head south. Turn left onto Central Florida Parkway, then take a right onto Palmetto Street. The property is located at 512 Palmetto Street, on the corner lot. Alternatively, from I-4, connect to FL-528 (Beachline Expressway) heading east. Exit at Orange Blossom Trail, head south, and follow the same route to Palmetto Street.
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Latitude:28.434297
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Longitude:-81.371107
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Coordinates:-81.371107, 28.434297
The Property
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Parcel Number:362329822830504
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Property Type:Land
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Lot Features:Corner Lot
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Lot Size Acres:0.49
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Lot Size Area:21449
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Lot Size SqFt:21449
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Lot Size Dimensions:150 x 143
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Lot Size Units:Square Feet
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Total Acres:1/2 to less than 1
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Zoning:R-2
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Current Use:Residential
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View:false
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Fencing:Board
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Asphalt
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Flood Zone Code:x
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Additional Parcels:true
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Additional Parcels Description:36-23-29-8228-30-506
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Price Per Acre:1061224
Listing Agent
- Contact info:
- Agent phone:
- (956) 220-6107
- Office phone:
- (407) 376-3896
Taxes
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Tax Year:2024
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Tax Lot:4
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Tax Block:E
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Tax Legal Description:SPAHLERS ADDITION TO TAFT D/114 LOTS 4 5& 6 BLK E TIER 3
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Tax Book Number:D-114
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Tax Annual Amount:808.89
The Listing
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Special Listing Conditions:None
Utilities
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Utilities:Electricity Available
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Sewer:Septic Needed
The Community
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Subdivision Name:SPAHLERS ADD
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Waterview:false
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Water Access:false
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Waterfront:false
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Association:false
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Ownership:Fee Simple
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/15/25
Mar 15, 2025
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Listed / Active | STELLAR_MLS | $520,000 | |
7/6/22
Jul 6, 2022
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Listed / Active | STELLAR_MLS |