Property Description

**SILVER PALMS - SHOVEL-READY 72-UNIT 55+ DEVELOPMENT OPPORTUNITY IN EAST ORLANDO**A rare opportunity to acquire a **shovel-ready, 72-unit approved 55+ residential development in East Orlando, Orange County.** Silver Palms offers a new developer the ability to step into a project where approximately **four years of entitlement, engineering, permitting, and approval work has already been completed**, significantly reducing the time and uncertainty typically associated with bringing a new development from concept to construction.Situated on **over 4.15 acres**, the approved community consists of **72 residential units**, including **48 two-bedroom units and 24 one-bedroom units**, along with a well-planned site design offering a **strong parking ratio**.The project has progressed through an extensive approval process. The **proposed sitework plans are fully approved by Orange County Utilities, Orange County Development Engineering, the St. Johns River Water Management District, and FDEP.** Land clearing was completed in **June 2026**, further preparing the site for development. The project is currently under review with the **Orange County Building Department for vertical plan approval**.For a developer, the value is not simply in the land-it's in the **years of work already completed and the ability to move toward construction without starting the entitlement and permitting process from scratch.** Much of the heavy lifting has already been done, creating an opportunity to take over an advanced, thoughtfully planned project and move quickly toward vertical development.Silver Palms also benefits from a desirable **East Orlando location** with convenient access to major roadways, hospitals and medical services, shopping, dining, everyday necessities, and surrounding amenities-an especially attractive combination for a thoughtfully designed **55+ community**.**72 approved units. 4+ acres. Sitework approvals in place. Land cleared. Vertical plans in review. Four years of development groundwork already completed.** Silver Palms presents a compelling opportunity for a developer looking to bypass years of preliminary work and bring an approved East Orlando project to life.

Property Features