Pre-Construction. To be built. 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.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Level: First
- Bedroom 2 Level: First
- Bedroom 3 Level: First
Other Rooms
- Total Rooms: 7
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom 1 Level: First
- Bathroom 2 Level: First
Interior Features
Appliances
Heating and Cooling
- Cooling Features: Central Air
Kitchen and Dining
Land Info
- Additional Parcels Description: 36-23-29-8228-30-506
- Additional Parcels: Yes
- Lot Description: Corner Lot
- Lot Size Acres: 0.49
- Lot Size Dimensions: 150x143
- Number of Lots: 2
- Lot Size Square Feet: 21449
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
Exterior and Lot Features
- Road Responsibility: Public Maintained Road
- Road Surface Type: Asphalt
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Annual Tax Amount: 808.89
- Source Listing Status: Active
- County: Orange
- 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.
- Tax Year: 2024
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 32824 - Orlando/Taft / Meadow woods
- Property Subtype: townhouse
- Source Neighborhood: SPAHLERS ADD
- Parcel Number: 36-23-29-8228-30-504
- Postal Code Plus 4: 8293
- Subdivision: SPAHLERS ADD
- Township: 23
- Zoning: R-2
- Property Subtype: Townhouse
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1650
- Year Built: 2025
- Building Area Source: Owner
- Building Area Total: 1933
- Construction Materials: Block
- Direction Faces: North
- Foundation Details: Slab
- Levels: One
- New Construction: Yes
- Property Condition: Pre-Construction
- Roof: Shingle
- Structure Type: Corner Unit
Utilities
- Sewer: Septic Needed
- Electricity Available
- Public
- Water Available
- Water Source: Public