E FRANKLIN STREET Development Parcel located in the Oviedo Community redevelopment district. Parcel 1, 10-21-31-300-0750-0000, 6.62 acres, zoned R1, future is LDR. +/- 2.5 acres developable (more acreage possible with mitigation). City Water and Sewer is available, at street. This lot is located next to the Downtown Transition area- an area being rapidly redeveloped into a community of retail, residential and leisure. It is a short five minute walking distance to the beautiful Solary Park, with quick access to Oviedo Blvd, SR 426& 434. This area is undergoing a huge growth phase with new zoning and big plans! The expectation is for more growth in this area than in Oviedo on the Park! Ideal uses include: residential, duplex, triplex, townhomes, assisted living, and community based services. Current zoning is residential