Property Description:
Once part of a 300+ villa community built in 1972 across 60+ acres overlooking Lake Catherine, the area fell into disrepair after HOA issues led to widespread demolitions. What remains is a chance to capitalize on prepped land in a redeveloping pocket.
These 7 vacant lots off Orange Blossom Trail (OBT) sit in the heart of a future redevelopment zone where the city plans to auction 123 lots to a developer over the coming years. Positioned as a classic buy-and-hold, these lots will become critical once a developer steps in — anyone aiming to control the full site will need these parcels to complete their vision.
🛠️ Long-Term Play — Control Key Lots in Future Development
This isn’t about immediate development — it’s about positioning. Secure these lots now and hold until the city’s auctions spark large-scale redevelopment. When that happens, your exit strategy becomes clear: sell to the developer needing to consolidate land.
📊 What the Market Says
Orlando’s infill and redevelopment initiatives are accelerating, especially in areas like OBT where the city is actively involved. Smart investors know the value of owning strategic pieces in a larger puzzle.