512 PALMETTO STREET, ORLANDO, FL, 32824
Active10 days on marketListed Oct 7, 2026MLS #S5159107
About this home
512 PALMETTO STREET
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.
Facts & features
The home at a glance
0.49 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.
$3,669 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$3,669/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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 Orlando
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
ORLANDO 32824 — neighborhood snapshot
Population
55,282
Median age
39.3
Median income
$80,177
Median home value
$354,200
Avg household
3.2
Households w/ children
6,875
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
97.1%
Sale-to-list ratio (12 mo)
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 44% above the ORLANDO 32824 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 512 PALMETTO STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$270,000
1707 1ST STREET · same community
3 bd · 1 ba · 912 sqft · $296/sqft · 11 DOM
Sold · Apr ’26$413,000
1522 PINE STREET · same community
4 bd · 2.5 ba · 1,766 sqft · $234/sqft · 5 DOM
Sold · Mar ’26$455,000
328 CYPRESS STREET · same community
3 bd · 2.5 ba · 2,192 sqft · $208/sqft · 8 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
Leila Sabat
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 512 PALMETTO STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 512 PALMETTO STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Leila's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
512 PALMETTO STREET FAQs
What would the monthly payment be for 512 PALMETTO STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,669/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 512 PALMETTO STREET?+
The most recent tax bill on record (2024) was $2,616. 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 $520,000, this home is listed about 37% above the Orlando median of $379,999. The market section on this page shows how the area is trending.
Which schools are assigned to 512 PALMETTO STREET?+
South Creek Middle (middle), Wetherbee Elementary (elementary), Cypress Creek High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of AROD PARTNERS REALTY · Alejandro Rodriguez. MLS #S5159107.
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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