REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,990,000
Est. payment | /mo
4.15 Acres Lot
$ 5,990,000
Est. payment | /mo
4.15 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID O6436796
HOA Y/N No
Annual Tax Amount $6,756
Lot Size 4.150 Acres
Acres 4.15
Lot Dimensions 1013x183
Property Sub-Type Residential
Source Stellar MLS
Property Description
**SILVER PALMS – SHOVEL-READY 72-UNIT 55+ DEVELOPMENT OPPORTUNITY IN EAST ORLANDO**
A rare opportunity to acquire a **shovel-ready, 72-unit approved 55+ residential development in East Orlando, Orange County.** Silver Palms offers a new developer the ability to step into a project where approximately **four years of entitlement, engineering, permitting, and approval work has already been completed**, significantly reducing the time and uncertainty typically associated with bringing a new development from concept to construction.
Situated on **over 4.15 acres**, the approved community consists of **72 residential units**, including **48 two-bedroom units and 24 one-bedroom units**, along with a well-planned site design offering a **strong parking ratio**.
The project has progressed through an extensive approval process. The **proposed sitework plans are fully approved by Orange County Utilities, Orange County Development Engineering, the St. Johns River Water Management District, and FDEP.** Land clearing was completed in **June 2026**, further preparing the site for development. The project is currently under review with the **Orange County Building Department for vertical plan approval**.
For a developer, the value is not simply in the land—it's in the **years of work already completed and the ability to move toward construction without starting the entitlement and permitting process from scratch.** Much of the heavy lifting has already been done, creating an opportunity to take over an advanced, thoughtfully planned project and move quickly toward vertical development.
Silver Palms also benefits from a desirable **East Orlando location** with convenient access to major roadways, hospitals and medical services, shopping, dining, everyday necessities, and surrounding amenities—an especially attractive combination for a thoughtfully designed **55+ community**.
**72 approved units. 4+ acres. Sitework approvals in place. Land cleared. Vertical plans in review. Four years of development groundwork already completed.** Silver Palms presents a compelling opportunity for a developer looking to bypass years of preliminary work and bring an approved East Orlando project to life.
A rare opportunity to acquire a **shovel-ready, 72-unit approved 55+ residential development in East Orlando, Orange County.** Silver Palms offers a new developer the ability to step into a project where approximately **four years of entitlement, engineering, permitting, and approval work has already been completed**, significantly reducing the time and uncertainty typically associated with bringing a new development from concept to construction.
Situated on **over 4.15 acres**, the approved community consists of **72 residential units**, including **48 two-bedroom units and 24 one-bedroom units**, along with a well-planned site design offering a **strong parking ratio**.
The project has progressed through an extensive approval process. The **proposed sitework plans are fully approved by Orange County Utilities, Orange County Development Engineering, the St. Johns River Water Management District, and FDEP.** Land clearing was completed in **June 2026**, further preparing the site for development. The project is currently under review with the **Orange County Building Department for vertical plan approval**.
For a developer, the value is not simply in the land—it's in the **years of work already completed and the ability to move toward construction without starting the entitlement and permitting process from scratch.** Much of the heavy lifting has already been done, creating an opportunity to take over an advanced, thoughtfully planned project and move quickly toward vertical development.
Silver Palms also benefits from a desirable **East Orlando location** with convenient access to major roadways, hospitals and medical services, shopping, dining, everyday necessities, and surrounding amenities—an especially attractive combination for a thoughtfully designed **55+ community**.
**72 approved units. 4+ acres. Sitework approvals in place. Land cleared. Vertical plans in review. Four years of development groundwork already completed.** Silver Palms presents a compelling opportunity for a developer looking to bypass years of preliminary work and bring an approved East Orlando project to life.
Location
State FL
County Orange
Area 32825 - Orlando/Rio Pinar / Union Park
Zoning RSTD R-3
Exterior
Utilities Available Electrical Nearby, Sewer Available, Water Available
View Y/N No
Water Access No
Building
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6436796
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Sina Albekord CORCORAN PREMIER REALTY
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs