Opportunity awaits you with this incredible property which may be purchased with the adjoining properties which would make up ±46.89 acres, all zoned A-5, with an R-1 zoned neighborhood along part of the southern border and ingress/egress from both Lake Charm Dr as well as Florida Ave. ±22 acres is mostly clear, raw land with Artesian wells feeding the property; This parcel is part of Transition Area Number 1, within the City of Oviedo and Seminole County Joint Planning Area, also known as the Future Oviedo Annexation Area. To the south, the community, Retreat at Lake Charm, borders this group of parcels and features an R-1 zoning while residing within the City of Oviedo. This helps the subject property to meet one of the primary planning elements when considered for annexation into the City of Oviedo, and potential for increased density. Oviedo has shown exceptional growth and has been named as "Best Suburb to Raise a Family in the Orlando Area" by Niche.com 2020 and “50 Best Places to Live in America†by Money.com, 2020. This city, of approximately 40,000 residents, has a median age of 36 and household incomes that are some of the highest in Central Florida. The area also boasts an exceptional educational system with A-Rated schools in addition to numerous recreational amenities just steps away.