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Presented by
Joyce Gerraughty |
N HIAWASSEE ROAD, Orlando, FL, 32818 | $999,000
3. 3-Acre Residential/Development Opportunity at Hiawassee & Silver Star Rd — Seller Financing Available! A rare and compelling land opportunity in the heart of Orange County's established northwest Orlando corridor. This 3. 3-acre unplatted residential parcel sits at one of Central Florida's most trafficked arterial intersections — Hiawassee Road and Silver Star Road — offering exceptional visibility, connectivity, and long-term upside for builders, investors, and developers alike. Prime Location with Proven Traffic Volume According to the Orange County Traffic Engineering Department's 2024 Annual Count Report, Hiawassee Road just north of Silver Star Road carries approximately 32, 274 vehicles per day (AADT), reflecting an 8% year-over-year increase — one of the stronger growth trends in the county. Silver Star Road (SR 438) at this intersection carries an estimated 28, 000–32, 000 vehicles per day, making this a genuinely high-exposure corridor with continuous, sustained traffic demand. Development Potential, Currently zoned residential and buildable for single-family use, this parcel also presents a compelling path toward higher-density development. The site's size, frontage, and location within a dense, established Orlando submarket make it a strong candidate for townhome development or rezoning to higher-density residential — a use case well-supported by the surrounding population density and the county's ongoing housing demand. Utilities are adjacent and nearby. Property Highlights: 3. 3 acres | Unincorporated Orange County
Residential zoning — single-family buildable
Townhome development or higher-density rezoning potential
Utilities adjacent and nearby
Road frontage at major signalized corridor
No HOA | Unplatted parcel
High-traffic location: ~32, 000+ vehicles/day on Hiawassee Rd
Developable acreage with this level of traffic exposure, utility access, and density potential at this intersection is an increasingly rare find in Orange County's built-out northwest submarket.
Features
- Lot Size: 165' x 860'
- Lot Desc: Buildable, In County
- MLS#: G5102383
- Days on Market: 166 days
- Website: https://www.raveis.com
/prop/G5102383/nhiawasseeroad_orlando_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Joyce GerraughtyBroker Associate
508.930.3188
Joyce.Gerraughty@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1017266
508.335.8179
Michael.Cartier@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Jennifer HartRegional Sales Manager, William Raveis Insurance
978.457.6220
Jennifer.Hart@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
N HIAWASSEE ROAD, Orlando, FL, 32818
$999,000
Joyce Gerraughty
Broker Associate
William Raveis Real Estate
Phone: 508.930.3188
Joyce.Gerraughty@raveis.com
Michael Cartier
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $799,200 | $799,200 | $799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.349% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,792 | $4,921 | $6,744 |
| Total Monthly Payment | $4,884 | $5,013 | $6,836 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388