Affordable Housing-Orlando 0.86 Acres

4808 S Rio Grande Ave, Orlando, FL 32839

Property Information

  • For Sale $699,000
  • Property Type VacantLand
  • Property Size 1,479 SF
  • Units 1
  • Lot Size 0.86 Acre
  • Year Built 1956
  • Date Updated May 13, 2026

Description

Located in a growing corridor of Orlando, this 0.86-acre site offers an exceptional opportunity for Affordable Housing or Multifamily development. The property is Zoned T4.3 to support residential projects that address the area’s strong demand for attainable housing options. Situated within minutes of major employment centers, shopping, and transportation, the location provides easy access to Downtown Orlando, just a short drive north, and the bustling Millenia area to the west. Nearby amenities include The Mall at Millenia, Universal Orlando Resort, and the Orlando International Premium Outlets, providing residents with plentiful retail, dining, and entertainment options. Additionally, the area benefits from proximity to major highways such as I-4 and the Florida Turnpike, offering convenient regional connectivity. The surrounding neighborhood has experienced steady growth and redevelopment, making this a strategic choice for investors looking to deliver quality, affordable living in a desirable urban setting. This site combines accessibility, favorable zoning, and an active surrounding community to support a successful multifamily development.This 0.86-acre site in Orange County presents a prime opportunity for developers seeking to deliver Affordable Housing, Multifamily, or Mixed-Use projects. Zoned T4.3, the property offers impressive development flexibility with a density range of 10 to 30 dwelling units per acre — and up to 40 dwelling units per acre under Affordable Housing provisions. Check out the conceptual 21 Townhome Design Site Plan to truly appreciate this gem! The zoning also permits a Floor Area Ratio (FAR) of 1.5, supporting residential, commercial, and mixed-use designs. Located in a vibrant area with strong demand for attainable housing, the site is well-positioned near key employment hubs, retail centers, and major transportation corridors. Residents would enjoy easy access to destinations such as The Mall at Millenia, Universal Orlando Resort, and Downtown Orlando, while benefiting from proximity to I-4 and the Florida Turnpike for regional connectivity. The surrounding community is evolving with ongoing investment and redevelopment, making this an ideal location for an impactful, high-density project that meets both market demand and community needs.

Highlights

  • Connectivity & Regional Access
  • Excellent visibility and accessibility for future residents and businesses
  • Proximity to Key Amenities
  • Zoning T4.3 — Flexible High-Density Development: Permits 10–30 dwelling units per acre, with up to 40 du/ac achievable under Affordable Housing density bonuses; FAR up to 1.5 supports residential, commercial, or mixed-use configurations.

Contacts

Lance Cobb

SVN | Commercial Advisory Group

Location

Located at 4808 S Rio Grande Ave, Orlando, FL 32839, this property is part of the Americana Park Central neighborhood and Orlando market.

Contact Listing Broker
Lance Cobb

SVN | Commercial Advisory Group

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