4.87 Acres — Residential Development Site, 14–16 Homes

About This Property

This is a land play, not a flip, and the card carries no spread figure for that reason. What you are buying is 4.87 acres in one of the fastest-growing corridors in Central Florida, currently zoned AC with a Future Land Use designation of Low Density Residential. The seller's read is that the current designation supports roughly 14 to 16 single-family homes, with up to 28 possible if a rezoning to Medium Density Residential is approved. The parcel immediately south of it was developed as a 17-home subdivision, which is the closest thing to a precedent you will get.

City water and sewer are available, which removes the single biggest cost surprise on a site like this. There is also an existing four-bedroom, three-bath house with an in-ground pool on the land — useful as interim rental income, a construction office, or somewhere to live while the entitlement runs.

Understand what is and is not sold here. Nothing is entitled yet. The 28-home outcome depends on a rezoning the City has not granted, and even the 14–16 home figure is the seller's reading of the current land use, not an approval. Impact fees, concurrency, wetlands and access all need checking before you commit. This is priced as raw opportunity and should be underwritten as raw opportunity.

Property Details

• Property typeResidential development site
• Land area4.87 acres
• Current zoningAC
• Future land useLow Density Residential
• UtilitiesCity water and sewer available
• Existing structure4 bed / 3 bath house with in-ground pool
• CountyOsceola
• Street addressOn record — released to registered buyers

Condition & Scope

• Entitlement status⚠ None. Nothing is approved — this is pre-entitlement land
• Density under current FLU~14–16 homes (seller's reading)
• Density if rezonedUp to ~28 homes — requires City approval, not granted
• Nearest precedentParcel immediately south developed as a 17-home subdivision
• To verifyImpact fees, concurrency, wetlands, access, setbacks — with Osceola County before offering

Comparables

• ⚠ No after-repair value is shown on this listing, and that is deliberate. A development site has no ARV — it has a build-out pro-forma, and a pro-forma is a plan, not a value.
• The seller's illustrative 16-home scenario: gross sales ~$7,200,000 (16 houses at ~$450,000), land ~$950,000, construction ~$4,320,000 at $150/sq ft, estimated impact fees ~$400,000.
• That scenario assumes you obtain approvals, carry the land through entitlement, fund construction, and sell 16 houses at $450,000 each in a market several years from today. Every one of those is a real risk. Treat the figures as the seller's illustration and build your own.

Ask and we will pull county sold comps and underwrite this deal with you before you offer.

Offer Terms

• Accepted financingCash · hard-money / private
• Proof of fundsRequired with offer
• Earnest moneyDue at contract signing
• Closing costsTypically buyer-paid
• TimelineQuick close preferred

Terms are typical for these opportunities — exact figures and title company confirmed with your offer.