1938 N LAKEWOOD AVENUE, OCOEE, FL, 34761
Active805 days on marketListed May 21, 2024MLS #O6205884
About this home
1938 N LAKEWOOD AVENUE
10.3± acres of high-potential residential development land in the direct path of growth in Ocoee, Florida. The property supports single-family development at up to five homes an acre, offering a compelling profile in a rapidly expanding Central Florida submarket. Featuring approximately 366 feet of road frontage and extending a quarter mile deep, the site provides excellent flexibility for subdivision design and infrastructure layout. The property is strategically located directly across from the new Ocoee Village Center, a transformative mixed-use development driving sustained residential and commercial demand. Just minutes away is Ocoee’s new regional sports complex, a multi-field athletic destination designed to host tournaments and year-round events. This significant public investment is expected to increase visitor traffic, encourage nearby hotel and service development, and further accelerate housing demand — strengthening long-term land value in the surrounding area. The site offers exceptional connectivity, located approximately 1,500 feet from the SR-429 Beltway and West Road interchange and only two miles from downtown Ocoee, providing quick access to Orlando, employment corridors, and major regional attractions. The land is fenced and currently improved with two older mobile homes, a shop, and an open garage (no permanent structures), allowing for flexible redevelopment. Utilities include deep and shallow wells and existing septic systems. Clear title. Zoned agricultural with established residential development use. A rare assemblage opportunity exists with approximately 35± additional adjoining acres, creating potential for a larger master-planned residential project. Recently repriced with a $1,000,000 price reduction (from $5,000,000 to $4,000,000), this offering is now positioned to attract immediate developer and investor interest. Well-located land with density, infrastructure access, and proximity to major public investment is increasingly scarce in Central Florida.
Facts & features
The home at a glance
10.31 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.
$23,845 /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
$23,845/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Ocoee
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Ocoee. See the full Ocoee guide →
OCOEE 34761 — neighborhood snapshot
Population
46,313
Median age
35.4
Median income
$90,406
Median home value
$363,100
Avg household
3.25
Households w/ children
6,071
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ocoee market
$455K → $435K
Ocoee median sold, yr/yr
98.4%
Sale-to-list ratio (12 mo)
Median sold price, Ocoee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 988% above the OCOEE 34761 median. See the full Ocoee market guide →
Paper trail
This home's history
Reality check
What actually sold near 1938 N LAKEWOOD AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$188,500
708 SNOWDEN STREET
2 bd · 1 ba · 897 sqft · $210/sqft · 6 DOM
Sold · Dec ’25$307,000
602 LYMAN STREET
3 bd · 1 ba · 960 sqft · $320/sqft · 44 DOM
Sold · Jul ’26$297,500
333 LITTLE ROCK STREET
3 bd · 1 ba · 1,000 sqft · $298/sqft · 6 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 1938 N LAKEWOOD AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1938 N LAKEWOOD AVENUE — 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
1938 N LAKEWOOD AVENUE FAQs
What would the monthly payment be for 1938 N LAKEWOOD AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $23,845/mo — principal and interest, the actual property-tax bill 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 1938 N LAKEWOOD AVENUE?+
The most recent tax bill on record (2023) was $7,212. 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 Ocoee?+
At $4,000,000, this home is listed about 816% above the Ocoee median of $436,495. The market section on this page shows how the area is trending.
Which schools are assigned to 1938 N LAKEWOOD AVENUE?+
Thornebrooke Elementary (elementary), Gotha Middle (middle), Olympia High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$4,000,000 runs 988% above the OCOEE 34761 median.
02Time on market is leverage
805 days on market against a Ocoee median of 35 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Thornebrooke Elementary, Gotha Middle, Olympia High — Thornebrooke Elementary rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $5,899,000, now $4,000,000 — a $1.9M cut. The full history is in the market section below.
Listing courtesy of UNITED REAL ESTATE PREFERRED · Wally Gilmour. MLS #O6205884.
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 Stellar MLS.
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