Land in Oviedo, Florida № 1139479

Property description

Opportunity awaits! While this property has been loved as a nursery, these parcels, totaling ±20.89-acres, are ready to be reimagined. Two adjacent lots are being sold with these parcels, increasing the total acreage to ±42.89 acres. All parcels are zoned A-5, with an R-1 zoned neighborhood along part of the southern border. This property is part of Transition Area Number 1, within the City of Oviedo and Seminole County Joint Planning Area, also known as the Future Oviedo Annexation Area. To the south, the community, Retreat at Lake Charm, borders this group of parcels and features an R-1 zoning while residing within the City of Oviedo. This helps the subject property meet one of the primary planning elements when considered for annexation into the City of Oviedo, and potential for increased density. Oviedo has shown exceptional growth, named "Best Suburb to Raise a Family in the Orlando Area" and “50 Best Places to Live in America” by major publications. This city, of approximately 40,000 residents, has a median age of 37 and some of the highest household incomes in Central Florida.