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5300 International Dr - I-Drive Multi-family, Hotel & Commercial

5.83 Acres of Commercial Land Offered at $10,900,000 in Orlando, FL 32819

Investment Highlights

  • Property is at the intersection of I-Drive and the new Del Verde Way, which is a 4-lane, signalized intersection

Executive Summary

Located at the entrance of Lennar's new Store Drive project. Storey Drive will be 515 vacation rental homes. This Summer, another developer will be breaking ground on 305 luxury apartments to the Eastside of the property.

Property Facts

Price $10,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Fast Food
  • Hotel
Total Lot Size 5.83 AC

1 Lot Available

Lot 1

Price $10,900,000
Price Per AC $1,869,640
Lot Size 5.83 AC

Prime Development Opportunity on I-Drive. Hotel land with Fast-food Outparcel. Property is zoned for 310 Hotel Rooms and 10,000 SF of Commercial. Potential Multi-family site. Has 457' of frontage on I-Drive. Property is cleared and graded.

Description

Ready to Build Development Site. Approved for 310 rooms. Can be two hotels of 155 each, for example, or a 310 room Resort Hotel. Also approved for 10,000 SF of commercial, including restaurant with Drive-thru outparcel. Land is cleared and graded and utilities will be stubbed-in. Multi-family is possible with PD Amendment.

zoning

Zoning Code PD/SP (Planned Development)
PD/SP (Planned Development)
  • Listing ID: 25726343

  • Date on Market: 5/17/2022

  • Last Updated:

  • Address: 5300 International Dr, Orlando, FL 32819

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