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.
- Lot size: 21,449 sqft
- 7 days on market
- 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.
- County: Orange
- Geo subdivision: SPAHLERS ADD
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Let's get in touch!
Let's get in touch!

Fernanda Pizzammiglio
Florida Realtor 🇺🇸 🇧🇷
- Source: Stellar MLS
- MLS #: S5159107
Listing updated: October 8, 2026 at 4:50PM
Listing provided by: Alejandro Rodriguez, AROD PARTNERS REALTY
Last checked 6 days ago
Listing provided by: Alejandro Rodriguez, AROD PARTNERS REALTY
Last checked 6 days ago
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