5574 Old Cheney Highway, Orlando FL 32807, ORLANDO, FL, 32807
Active106 days on marketListed Apr 28, 2026MLS #A12009037
About this home
5574 Old Cheney Highway, Orlando FL 32807
Prime nearly 1-acre multifamily development opportunity in Orlando! This six-parcel assemblage is zoned R-3 and offers outstanding potential for residential development in one of Orlando's growing areas. Conceptual plans have been prepared for a 20-unit multifamily community consisting of 8 two-bedroom/one-bath units, 12 one-bedroom/one-bath units, and 42 parking spaces, providing an excellent foundation for future development. Ideally located along Old Cheney Highway, the property offers convenient access to major highways, Downtown Orlando, Orlando International Airport, shopping, dining, parks, schools, public transportation, and surrounding residential neighborhoods. A Phase I Environmental Site Assessment has been completed with no recognized environmental concerns identified, and additional development documentation is available for review. The site is vacant and undeveloped, presenting a rare opportunity for builders, developers, and investors in a high-demand residential market. Sale includes all six parcels.
Facts & features
The home at a glance
0.97 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,771 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,503/mo
Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Little Lake Barton Shores
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
Little Lake Barton Shores — neighborhood snapshot
Population
551
Median age
32
Median income
$74,104
Median home value
$331,500
Avg household
3
Households w/ children
45%
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $395K
Orlando median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 159% above the ORLANDO 32807 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 5574 Old Cheney Highway
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$289,000
5314 OLD CHENEY HIGHWAY · same community
2 bd · 1 ba · 830 sqft · $348/sqft · 30 DOM
Sold · Aug ’25$315,000
1007 GLENDALE STREET · same community
2 bd · 2 ba · 1,061 sqft · $297/sqft · 30 DOM
Sold · Oct ’25$425,000
5384 BARTON DRIVE · same community
3 bd · 2 ba · 1,301 sqft · $327/sqft · 85 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5574 Old Cheney Highway — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5574 Old Cheney Highway — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5574 Old Cheney Highway FAQs
What would the monthly payment be for 5574 Old Cheney Highway, Orlando FL 32807?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,771/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5574 Old Cheney Highway, Orlando FL 32807?+
The most recent tax bill on record (2025) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Orlando?+
At $799,000, this home is listed about 105% above the Orlando median of $389,995. The market section on this page shows how the area is trending.
Which schools are assigned to 5574 Old Cheney Highway, Orlando FL 32807?+
Baldwin Park Elementary (elementary), Glenridge Middle (middle), Winter Park High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$799,000 runs 159% above the ORLANDO 32807 median.
02Time on market is leverage
106 days on market against a Orlando median of 43 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Baldwin Park Elementary, Glenridge Middle, Winter Park High — Baldwin Park Elementary rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Reign Realty LLC · Rubi Rodriguez. MLS #A12009037.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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