512 Palmetto St, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot21,449 sqft

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About this home

512 Palmetto St is a home in Spahlers Add, Orlando. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

City-Approved Orlando Townhome Development – Prime Investment Opportunity An exceptional opportunity to acquire a strategically located residential development featuring four modern, single-story townhomes, each designed with 3 bedrooms, 2 bathrooms, and approximately 1,650 SF of living space. A major advantage of this opportunity is that the development plans have already been approved by the City, allowing a buyer or developer to move forward with significantly less entitlement and approval risk and saving valuable time in the development process. The property is ideally positioned in a highly accessible Orlando location, just 5 minutes from the Florida Turnpike and Orange Blossom Trail (OBT) and approximately 10 minutes from I-4 and FL-528, providing convenient connectivity to employment centers, shopping, dining, entertainment, and surrounding Orlando communities. With City-approved plans, four thoughtfully designed residences, and a well-connected location, this project offers investors and builders an attractive opportunity to bring a desirable residential product to one of Central Florida’s most active housing markets. The plans are approved. The vision is established. The opportunity is ready for the next developer.

The essentials

On market
2 days
Annual tax
$2,616
Flood zone
X · Low risk
Lot
21,449 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$3,190/mo
Down payment (20%)
$104,000
Property taxes
$218/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
21,449 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
2
Flood Zone x
Annual Tax (2024)
$2,616
Parcel #
36-23-29-8228-30-504

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Spahlers Add
County
Orange
MLS Area
32824 - Orlando/Taft / Meadow woods
Lot Size
21,449 sqft
Corner Lot

Price history

Date
Event
Price
10/7/2026
Listed for sale
Source: Stellar MLS #S5159107
$520,000

Neighborhood

512 Palmetto St
Orlando, FL, 32824 · 32824 - Orlando/Taft / Meadow woods

Calculator

Est. monthly payment
$3,190/mo
Principal & interest$2,712
Property taxes$218
Insurance$260
Down payment20% · $104,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$520,000

Time on market

2 days

Monthly payment

About $3,190/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,616 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byAROD PARTNERS REALTYListing agent: Alejandro RodriguezListing data from Stellar MLS, MLS# S5159107.

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