$1,800,000
N Main Street
St Cloud, FL 34771
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
ATTENTION!! ATTENTION!! BUILDERS... Amazing opportunity for build to rent / build to sell 17 Townhouses in a prime rapidly growing area off the Narcoossee Corridor just south of Lake Nona and Medical City area. Existing plan consist 32 building with 6 townhomes and 1 building with 5 units, with mix of 3 and 4 bedrooms. Zoned for LDR -2.35 acres this property Property consists of 4 parcels and a portion of vacated right of way. Great access from Narcoossee and Jack Brack Roads. Perfectly shaped and situated lot with architectural plans to build multi-family residential complex of fine 17 townhomes with attached garages and ,clubhouse and plenty of street parking . Outstanding ROI, solid deal for small or savvy investors to create their own community. There is also an option to add studio above garages for extra cash flow. Water and Sewer available. Permits are almost ready so are a team of professionals if you like one stop shopping. Location is everything ,this lot is situated right near the multibillion dollars development of Neo City, Lake Nona. That means equity , tons of equity, no matter if you build, rent, wait or resell. This incredible lot is located Nearby access to Hwy 417, International Airport, Hgwy 528, Nemours Hospital, Newer VA Hospital and UCF Medical College. Contact today with all your questions!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history448 days on market
- Status: ActiveAug 29, 2024
- Listed$1,800,000Aug 29, 2024
- Price increased$1,800,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 448
- Subdivision
- Narcoossee New Map Of
- County
- Osceola
- Price/sq ft
- $51
- Lot size
- 35,284 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X (12097C0115G)
- Annual taxes
- $999 (2023)
- Parcel #
- 17-25-31-4260-0282-0010
- Zoning
- RS-2
- MLS #
- S5111206
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional, Private Financing Available, Special Funding
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- Electricity Available, Sewer Available, Water Available
Listing Details
- Listing date
- 2024-08-26
- On market date
- 2024-08-29
- Original list price
- $1,800,000
- MLS area
- 34771 - St Cloud (Magnolia Square)
- Listing AOR
- Orlando Regional
- Status changed
- 2024-08-29
- Tax legal description
- NEW TOWN OF NARCOOSSEE PB 1 PGS 71 & 72 BLK 282 LOTS 1-7 & W 1/2 OF VAC 8TH AVE AND THAT PORTION OF S 40 FT VAC MAIN ST ABUTTING N SIDE OF SAID LEGAL
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
US 192 EAST TO NORTH ON NARCOOSSEE RD TO RIGHT ON JACK BRACK TO LEFT ON UNDERWOOD TO PROPERTY ON RIGHT Plan in place to build Townhouses, owner in process to get final Permit to build
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of November 20, 2025 at 6:26 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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