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32001146

2328 S Goldenrod Rd, Orlando, FL 32822

LW
SL3408080
LPT Realty
Listed by LPT Realty
$2,850,000
38 days on market
Updated 38 days ago

Goldenrod Terrace

Details
Property Type Land
Sub Type Residential
Class A
Acreage 6.840
Zoning Residential

Land | 6.84 acres

Marketing description

Goldenrod Terrace – Phase 2 presents a rare opportunity to acquire 38 fully planned front-loaded townhome lots within a proven and builder-validated community in East Orlando.

This offering is the direct continuation of a successful Phase 1 development, where 93 lots were acquired by M/I Homesin June 2025 at $74,500 per lot, demonstrating strong institutional demand for the product and location. Phase 2 builds upon this momentum, offering investors and builders the ability to step into a project with established market validation and a clear path to execution.

A key differentiator of this opportunity is the ability to leverage existing infrastructure from Phase 1, including access to the lift station. This provides a meaningful reduction in development costs while accelerating the timeline compared to a typical ground-up project.

The site is being engineered by LandDesign, with full engineering approvals anticipated by June 2026. The project is designed with efficiency in mind, featuring 20’ x 100’ front-loaded lots, a product type that continues to perform strongly in the East Orlando market due to its balance of affordability, density, and construction practicality.

Offered at $75,000 per lot, Goldenrod Terrace – Phase 2 provides a compelling opportunity for builders and investors seeking a low-risk, high-confidence development play with strong comparable data, reduced infrastructure burden, and immediate market relevance.

Investment highlights

Proven Builder Exit (Phase 1 Completed)

93 townhome lots sold to M/I Homes at $74,500 per lot ($6.93M total), validating pricing, product, and location.

Phase 2 – 38 Ready-to-Develop Lots

Front-loaded townhome product on 20’ x 100’ lots in a proven subdivision layout.

Attractive Basis

Offered at $75,000 per lot ($2.85M total), aligned with prior builder acquisition pricing.

Major Cost Savings via Existing Infrastructure

Ability to tie into the Phase 1 lift station significantly reduces development costs and eliminates major upfront infrastructure expense.

Accelerated Timeline

Full engineering approvals anticipated June 2026, allowing for near-term vertical development.

Institutional-Grade Engineering Team

Civil engineering by LandDesign, a nationally recognized firm with deep experience in residential development.

High-Demand East Orlando Submarket

Strong absorption for attainable housing product with continued population growth and builder activity.

Builder-Preferred Product Type

Front-loaded townhomes maximize yield and efficiency while aligning with current buyer demand and construction economics.

De-Risked Development Opportunity

Phase 1 execution, infrastructure availability, and known site conditions reduce entitlement and development uncertainty.

Listing Contacts

LW
SL3408080
LPT Realty
Listed by LPT Realty

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