$458,430
502 5th Street
Orlando, FL 32820
Listing updated: April 14, 2026 at 8:25 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Discover this prime 1.77-acre property located in the rapidly growing Bithlo area of East Orlando!. Currently zoned RT-2, this versatile lot allows for block, modular, or mobil homes, making it an ideal investment for residential development. The property boasts a strategic location near major attractions and conveniences, including UCF, Waterford Lakes Shopping Center, Avalon Park Boulevard, and easy access to I-95. Additionally, it is close to Publix and other national retailers, ensuring convenience for future residents or tenants. Exciting infrastructure improvements are on the horizon!. The Florida Department of Transportation (FDOT) is proposing to widen East Colonial Drive (SR50) from east of Chuluota Road (CR 419 ) to SR 520 in Bithlo. This project aims to expand the roadway from four lanes to six lanes, enhancing capacity and safety to accommodate increased traffic from anticipated development. Don't miss the opportunity to invest in this high-potentional area with significant growth and development plans.
Local Insight
At $6 per square foot for 1.77 acres in Bithlo, you're getting raw land at a genuinely cheap price, but that's largely because it sits in Flood Zone A—meaning mandatory flood insurance and potential construction complications that will eat into any savings. The lack of utilities, infrastructure, and development pressure in this area means you're betting on future appreciation rather than any current neighborhood momentum, so this works only if you have a long timeline or specific development plans that account for drainage and elevation challenges.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history131 days on market
- Status: ActiveDec 4, 2025
- Listed$458,430Dec 4, 2025
- Price increased$458,430
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 131
- Subdivision
- Bithlo
- County
- Orange
- Price/sq ft
- $6
- Lot size
- 77,101 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- A (12095C0315F)
- Annual taxes
- $811 (2024)
- Parcel #
- 22-22-32-0712-12-050
- Zoning
- ORG- R-T-2
- MLS #
- O6327321
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional, FHA
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Unimproved
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- BB/HS Internet Available, Electricity Available, Telephone Nearby, Utility Pole
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-12-04
- On market date
- 2025-12-04
- Original list price
- $458,430
- MLS area
- 32820 - Orlando/Bithlo
- Listing AOR
- Osceola
- Status changed
- 2025-12-04
- Tax legal description
- BITHLO J/17 THAT PART OF BLK 1205 LYINGE OF CREEK
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-4, Head East on E Colonial Dr, take a left on N 5th St. Property is located on the corner of Old Cheney Hwy and 5th St.
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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 April 14, 2026 at 8:25 AM 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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