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Land for Sale in Ocoee, Florida

1938 N Lakewood Ave, Ocoee, FL 34761

$4,000,000
10.3 acres
Active
$1.9m drop
Est $27,566/mo

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.

Location

Street address
1938 N Lakewood Ave
Elevation
148 feet
Coordinates
28.5967, -81.5447

Directions

Take the ramp onto I-4 W

5.9 mi

Take exit 88 for Lee Rd/Route 423/FL-423

0.3 mi

Slight right to merge onto FL-423 S/Lee Rd

Pass by Advance Auto Parts (on the right in 1.4 mi)

2.2 mi

Turn right onto N Orange Blossom Trl

1.4 mi

Turn left onto Clarcona Ocoee Rd

7.0 mi

Turn left onto N Lakewood Ave

Destination will be on the right

0.3 mi

1938 N Lakewood Ave, Ocoee, FL 34761

Property details

Acreage
10.31 acres
Zoning
A-1
MLS #
MFRMLS O6205884
Posted

Property taxes

2023
$7,212

Parcels

  • 06-22-28-0000-00-013

Legal description

Resources

Details and features

Listing

Type
Land
Franchise
United Real Estate

Nearby schools

NameType
Prairie Lake ElementaryElementary
Ocoee MiddleMiddle
Ocoee HighHigh

Listing history

DateEventPriceChangeSource
Jan 31, 2026Price drop$4,000,000$1,899,000 -32.2%MFRMLS
May 21, 2024New listing$5,899,000MFRMLS
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This 10.31-acre property is located at 1938 N Lakewood Ave in Ocoee, FL 34761. The property is available for sale for $4,000,000 with a price per acre of $387,973.

Checked 1 hour ago — Updated

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