Colonial Drive Development Land — Sale in Oakland, FL

  • Price: $4.9M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Oakland, FL 34787

Description

Situated along the highly traveled W. Colonial Drive (SR-50), this 5.16± acre development opportunity offers a premier location within one of West Orange County's fastest- growing corridors. Designated for Mixed Use Activity Center and zoned Planned Development (PD), the property provides exceptional flexibility for developers seeking to capitalize on the area's continued residential and commercial growth. Located adjacent to The Grove community and surrounded by expanding residential neighborhoods, retail amenities, and strong demographic growth, this property presents an outstanding opportunity to create a signature mixed-use project in one of Central Florida's most desirable submarkets. *Permitted development guidelines for this property through City of Oakland Development Agreement include: • Multifamily Residential: 72 Units (Maximum) • Commercial: 48,000 SF (Maximum) • Open Space/Stormwater: 1.03 ± Acres (Minimum) For more information please visit: https://commercial.saundersrealestate.com/commercial-property-for-sale/15551-w-colonial-dr-oakland-sale/ Land Size: 5.16 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Oakland, FL is listed for sale at $4,900,000. It has been on the market for 72 days. Compare it against other multifamily listings for sale in Oakland, FL — view the full market.

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