Four Combined Lake Fairview Parcels! 4404 Edgewater Dr 7,647 SF Retail Building Orlando, FL 32804 $4,078,375 CAD ($533.33 CAD/SF)

1.29 Acres - Lake Front, High Intensity Future Land Use
This conveniently located Lake Fairview site can be used commercially as is as an event / entertainment venue or can be redeveloped for use as a hospitality center, hotel, lake front resort project, restaurant, multifamily, luxury condominium, short term rental, medical facility, independent living, senior care or any of multiple street front retail /commercial uses.
The property is ideally located at the end of West Fairbanks Avenue on Lake Fairview just north of Orlando in College Park and less than one mile from I-4. The properties are located on the eastern shore of Lake Fairview and provide lake/boat access and dramatic sunset views. Surrounding nearby properties include commercial and residential developments.
The combined 1.29 Acre lakefront parcels include existing structures that are presently used as a 4,112 SF event center / winery, a retail store, two apartments and a three bed, one bath lake front cottage. The properties are located in Orange County and are subject to the uses in Orange County’s 2050 Comprehensive Plan. The Future Land Use is T5.2 which allows for 50 residential units per acre and a maximum FAR of 3.0 providing many unique long-term redevelopment options. This classification provides the opportunity to develop a boutique hotel, luxury apartment, townhome or condominium residences or numerous commercial business applications.
The nearby College Park and Winter Park areas are highly desirable residential living locations. The immediate area is seeing rapidly increasing development and growth due to its ideal and easily assessable location. Numerous properties along Edgewater have changed hands over the past three years, as long term use and re-development plans take shape.
Contact the broker regarding property details or to arrange a tour. Parcels to be sold combined.