No photo available
$385,000
Property Description
Attention builders, developers, and investors! This high and dry vacant lot presents a rare opportunity for multi-family development in one of Orlando's most desirable locations. Zoned R-3 (Multi-Family Residential), this expansive parcel allows for 10+ units and offers the potential for re-zoning with Orange County approval. Ideally situated near The Florida Mall, Orlando International Airport, The Mall at Millenia, I-4, major highways, parks, and top entertainment destinations, this prime location ensures high rental demand and strong appreciation potential. With Orlando's booming population growth and an increasing need for multi-family housing, this property is perfect for developing apartments, townhomes, or a condo project. The opportunities are endless for those looking to capitalize on Central Florida's thriving real estate market. Don't miss out on this exceptional investment opportunity-contact us today for zoning details and development options!
Full Property Details
Full Property Details for 1726 Wakulla Way
General
- Price: $385,000
- Taxes: $773 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6275770
- Updated: 8/27/2025
- Added to Site: 352 day(s) ago
Location
- Area: 32839 - Orlando/Edgewood/Pinecastle
- County: Orange
- Development Name: 32839 - Orlando/Edgewood/Pinecastle
- Subdivision: PROSPER COLONY
- Driving Directions: From I-4W, Use the right 2 lanes to take exit 80 for US-17 S/US-92 W/US-441 S/Orange Blossom Tr, Merge onto US-17 S/US-441 S/US-92 W/S Orange Blossom Trail/S Orange Blossom Trl, , turn right onto Rose Blvd, Turn left onto Rio Grande Ave, Turn right onto Wakulla Way, The property will be on your left.
- Direction Faces: North
Community
- Community Name: 32839 - Orlando/Edgewood/Pinecastle
- Association: Yes
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 1.24
- Lot Size (Sq. Ft.): 54,047
- Lot Size: 1.2407
- Lot Dimensions: 318 x 170
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $310,484
- Assoc Fee Desc.: Optional
- Tax Amount: $773
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: The North 1/2 of Lot 39, less the West 162 feet and the North 5 feet for road right of way, Block 1, Prosper Colony
- Flood Zone Info: X
- APN: 222329726839001
- Property ID: 222329726839001
- Block/Lot/Section: 39
Listed by Re/Max Town & Country Realty
Get Pre-Approved Today
Schools
Schools serving 1726 Wakulla Way
School District:Orange County School District
| Name | Grades | Distance |
|---|---|---|
Palmetto Elementary School, Orlando, FL 2015 Duskin Avenue, Orlando, FL 32839 | PK-5 | 0.4 mi |
Westridge Middle School 3800 West Oak Ridge Road, Orlando, FL 32809 | 6-8 | 1.2 mi |
Oak Ridge High School 700 West Oak Ridge Road, Orlando, FL 32809 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1726 Wakulla Way
Date
Details
Price
Change
Source
6/13/2025
Price Reduced
$385,000
-12.5%
MLS
4/11/2025
Price Reduced
$440,000
-2.22%
MLS
3/28/2025
Price Reduced
$450,000
-6.25%
MLS
1/30/2025
Listed
$480,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1726 Wakulla Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$773
—
$50,278
5%
2024
$773
4%
$47,883
—
2023
$743
8%
$47,883
5%
2022
$691
10%
$45,603
15%
2021
$629
-2%
$39,655
—
2019
$644
-1%
$39,655
—
2018
$652
9%
$39,655
10%
2017
$600
1%
$36,050
3%
2016
$595
-2%
$35,000
—
2015
$610
-4%
$35,000
-2%
2014
$633
3%
$35,750
2%
2013
$617
—
$35,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1726 Wakulla Way
1726 Wakulla Way, Orlando, FL 32839 (MLS# O6275770) is a Lots/Land property with a lot size of 1.24 acres. 1726 Wakulla Way is currently listed for $385,000 and was received on January 30, 2025. Want to learn more about 1726 Wakulla Way? Do you have questions about finding other Lots/Land real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.
