Rare and exceptional opportunity to acquire one of Orlando’s premier development sites at 6447 Grand National Drive and 5750 West Oak Ridge Road. This combined 8. 47-acre parcel is ideally positioned in the heart of Orlando’s bustling entertainment district, offering unmatched potential for visionary developers and investors. Just minutes from Universal Studios and a short drive to Walt Disney World, the property is strategically located to capture a significant share of both local and tourist traffic, ensuring long-term commercial success.
This site is zoned AC-3/SP (Metropolitan Activity Center with Special Planned Overlay), making it one of the most versatile development opportunities in the market today. The zoning permits a broad range of high-density, high-intensity commercial uses, including retail, office, hospitality, entertainment, and mixed-use developments. With a 400-foot height limit and 200 dwelling units allowed for each acre, developers can capitalize on the site’s flexibility to maximize its potential and achieve significant returns on investment.
Located off Interstate 4 and near International Drive, the property benefits from prime visibility and accessibility to both residents and millions of annual tourists. The liberal zoning and Special Planned Overlay provide the flexibility needed to design a project that fits seamlessly into the dynamic fabric of Orlando’s commercial landscape.
In addition to its outstanding location and zoning advantages, the owner is flexible and open to all reasonable terms and deal structures, presenting a rare chance to craft a transaction tailored to meet specific buyer or investor needs.
Don’t miss this rare opportunity to secure one of the most desirable development parcels in Central Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$19,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $15,800,000 | $15,800,000 | $15,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $102,479 | $97,283 | $139,816 |
Total Monthly Payment | $102,604 | $97,408 | $139,941 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.