Land at 512 PALMETTO ST, ORLANDO
1 photo

$520,000

512 PALMETTO ST
ORLANDO, FL 32824
Listed by Alejandro Rodriguez · AROD PARTNERS REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

City-Approved Orlando Townhome Development – Prime Investment Opportunity An exceptional opportunity to acquire a strategically located residential development featuring four modern, single-story townhomes, each designed with 3 bedrooms, 2 bathrooms, and approximately 1,650 SF of living space. A major advantage of this opportunity is that the development plans have already been approved by the City, allowing a buyer or developer to move forward with significantly less entitlement and approval risk and saving valuable time in the development process. The property is ideally positioned in a highly accessible Orlando location, just 5 minutes from the Florida Turnpike and Orange Blossom Trail (OBT) and approximately 10 minutes from I-4 and FL-528, providing convenient connectivity to employment centers, shopping, dining, entertainment, and surrounding Orlando communities. With City-approved plans, four thoughtfully designed residences, and a well-connected location, this project offers investors and builders an attractive opportunity to bring a desirable residential product to one of Central Florida’s most active housing markets. The plans are approved. The vision is established. The opportunity is ready for the next developer.

Property details

MLS #
MFRS5159107
Property type
Land
Subdivision
SPAHLERS ADD
Status
Active
Days on market
N/A
On market date
October 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.49 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
SALLY RIDE ELEMENTARY
0.97 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
404
Student:teacher ratio
13.5:1
District
ORANGE
Middle
JUDSON B WALKER MIDDLE
1.89 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
877
Student:teacher ratio
18.3:1
District
ORANGE
High
PROJECT COMPASS
2.25 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
23
Student:teacher ratio
5.8:1
District
ORANGE

Walkability

Blended score for ORLANDO's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
8.7 / 20 -- Below average walkable
Google Places amenity density
70 / 100
Restaurants & cafes20
Grocery stores2
Parks1
Schools2
Transit stops10
Pharmacies1

Market position

How this listing compares to current activity in ORLANDO, from live MLS data.

On the market 0 days -- 106 fewer days than ORLANDO's current average of 106 days.
For reference, the median list price across 7,606 active listings in ORLANDO right now is $250,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,282/mo
$104,000 down
$416,000 loan
Principal & interest$2,698
Property tax (est.)$433
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.