Multi-Family
Preserve at Lake Catherine
4166 Tymberwood Ln, Orlando, FL 32839
Listing Price: $15,000,000
Investment Overview
This high-density residential multi-family development, the Preserve on Lake Catherine, is strategically located in unincorporated Orange County near major employment and retail hubs, including Downtown Orlando, the Millenia district, and Universal Studios. This site offers a rare combination of a prime waterfront location and immediate development potential. With current site zoning for up to 560 multi-family units and approximately 28 buildable upland acres, this property is perfectly poised to meet the rising demand for premier residential living.
Preserve at Lake Catherine
Investment Highlights
- Massive Impact Fee Discount: Due to previous construction, the site is exempt from impact fees for the first 324 units, equivalent to a discount of $4.8 million.
- Off-Site Infrastructure in Place: Secure your investment with a fully developed site where infrastructure and utilities are in place.
- Optimal Zoning: Benefit from the flexible R-3 (Multifamily Dwelling District) zoning and Medium Density Residential (MDR) future land use. This entitlement supports a high-density development of up to
- Strategic Location: Capitalize on the prime location on Lake Catherine, offering panoramic waterfront views and exceptional connectivity to key Central Florida employment corridors.
- Premium Revenue Potential: Maximize returns with "Waterline Residences". These lakefront units are projected to command rental premiums, with additional revenue potential from optional boat-slip rentals.
- Opportunity Zone: This exemption provides substantial cost savings and directly improves project feasibility.
Exclusively Listed By
Financing By
Listing Price: $15,000,000
Investment Highlights
- Massive Impact Fee Discount: Due to previous construction, the site is exempt from impact fees for the first 324 units, equivalent to a discount of $4.8 million.
- Off-Site Infrastructure in Place: Secure your investment with a fully developed site where infrastructure and utilities are in place.
- Optimal Zoning: Benefit from the flexible R-3 (Multifamily Dwelling District) zoning and Medium Density Residential (MDR) future land use. This entitlement supports a high-density development of up to
- Strategic Location: Capitalize on the prime location on Lake Catherine, offering panoramic waterfront views and exceptional connectivity to key Central Florida employment corridors.
- Premium Revenue Potential: Maximize returns with "Waterline Residences". These lakefront units are projected to command rental premiums, with additional revenue potential from optional boat-slip rentals.
- Opportunity Zone: This exemption provides substantial cost savings and directly improves project feasibility.
Investment Overview
This high-density residential multi-family development, the Preserve on Lake Catherine, is strategically located in unincorporated Orange County near major employment and retail hubs, including Downtown Orlando, the Millenia district, and Universal Studios. This site offers a rare combination of a prime waterfront location and immediate development potential. With current site zoning for up to 560 multi-family units and approximately 28 buildable upland acres, this property is perfectly poised to meet the rising demand for premier residential living.
Exclusively Listed By
Financing By
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