Address
8010 Carolina Lane, ORLANDO, FL
Price
$ 5,990,000

Your Agent

Queen Matthews

Queen Matthews

Managing Broker

346-258-4432

Property Attributes
  • MLS#O6436796
  • TypeLand
  • Listing Status Active
  • CountyOrange
  • CityORLANDO
  • AreaOrlando/Rio Pinar / Union Park
  • Zip32825
  • Style
  • Taxes$ 6756
  • Price$ 5,990,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.15 Acres
Data Source:
Stellar MLS
Property Description

**SILVER PALMS – SHOVEL-READY 72-UNIT 55+ DEVELOPMENT OPPORTUNITY IN EAST ORLANDO** A rare opportunity to acquire a **shovel-ready, 72-unit approved 55+ residential development in East Orlando, Orange County.** Silver Palms offers a new developer the ability to step into a project where approximately **four years of entitlement, engineering, permitting, and approval work has already been completed**, significantly reducing the time and uncertainty typically associated with bringing a new development from concept to construction. Situated on **over 4.15 acres**, the approved community consists of **72 residential units**, including **48 two-bedroom units and 24 one-bedroom units**, along with a well-planned site design offering a **strong parking ratio**. The project has progressed through an extensive approval process. The **proposed sitework plans are fully approved by Orange County Utilities, Orange County Development Engineering, the St. Johns River Water Management District, and FDEP.** Land clearing was completed in **June 2026**, further preparing the site for development. The project is currently under review with the **Orange County Building Department for vertical plan approval**. For a developer, the value is not simply in the land—it's in the **years of work already completed and the ability to move toward construction without starting the entitlement and permitting process from scratch.** Much of the heavy lifting has already been done, creating an opportunity to take over an advanced, thoughtfully planned project and move quickly toward vertical development. Silver Palms also benefits from a desirable **East Orlando location** with convenient access to major roadways, hospitals and medical services, shopping, dining, everyday necessities, and surrounding amenities—an especially attractive combination for a thoughtfully designed **55+ community**. **72 approved units. 4+ acres. Sitework approvals in place. Land cleared. Vertical plans in review. Four years of development groundwork already completed.** Silver Palms presents a compelling opportunity for a developer looking to bypass years of preliminary work and bring an approved East Orlando project to life.

Price History
8/26/2026 Listed $5,990,000

General Features

Sewer Public Sewer
Utilities Electrical Nearby,Sewer Available,Water Available
Zoning RSTD R-3
Tax Year 2025
Current Use Residential
Ownership Fee Simple
Additional Parcels Description 30-22-23-0000-00-071
County Orange
Property Type Land
Status Active
Directions From 408, turn left on Chickasaw, and the land will be 0.6 mile down on the left side.
City ORLANDO
MLS Area 32825 - Orlando/Rio Pinar / Union Park
Lot Size Units Acres
Lot Size Square Feet 180774
Tax Annual Amount 6756.04
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6436796
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 147
Legal Description BEG AT INT OF CENTERLINE OF CHICKASAW TRAIL AND NORTH LINE OF S 1/2 OF N 1/2 OFS 1/2 OF NE 1/4 OF SE 1/4 (AKA NE COR OFS 1/2 OF N 1/2 OF S 1/2 OF NE 1/4 OF SE1/4), TH RUN WEST 1065 FT, TH SOUTH 165FT TO SOUTH LINE OF S 1/2 OF N 1/2 OF S1/2 OF NE 1/4 OF SE 1/4, THE EAST 1065FT TO CENTLINE OF CHICKASAW TR AKA THE EAST LINE OF S 1/2 OF N 1/2 OF S 1/2 OF NE 1/4 OF SE 1/4), TH NORTH TO POB (LESSE 50 FT FOR R/W PER 1215/550) OF SEC 23-22-30 SEE 2571/286 & 6163/1985 (DC)
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
Flood Zone Code X Yes

Exterior Features

Water Source Public
Lot Size Area 4.15
Lot Dimensions 1013 x 183
Lot Size Acres 4.15
Road Surface Type Asphalt
Waterfront Y/N false
Number of Lots 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32825

Price
AVG $760K
$5.99M
Taxes
AVG $2,025
$6,756

Your Agent

Queen Matthews

Queen Matthews

Managing Broker

346-258-4432

Listed By
with . - 407-965-1155

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