Vacant land near Orlando airport sees explosive jump in value

Vacant land near Orlando airport sees explosive jump in value

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At first glance, it seems almost unthinkable that the value of raw land in Central Florida could increase more than 1,100% in a year. But that's what happened in 2019 to a 1,565.8-acre property called Vista Park northwest of State Road 528 and State Road 417 near the Orlando International Airport. In 2018, the Orange County Property Appraiser concluded the land's market value was $8.8 million. But the next year the land's market value was $113.4 million. Hialeah-based Mockingbird Orlando LLC…

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