$2,300,000 for Sale

703 e colonial drive , orlando, FL 32803

Beds 0 Baths 0 3,464 Sqft 0.32 Acres 1 of 21
Property Description
Welcome to a prime investment opportunity in the heart of downtown Orlando! This property offers an exceptional corner location featuring both a duplex and a single-family home, presenting a versatile canvas for savvy investors and developers alike. The entire corner is for sale, 703 E. Colonial and 713 Summerlin. Great redevelopment opportunity. Situated in a highly desirable downtown area, this property boasts zoning that allows for commercial retail as well as multi-family development, making it a strategic choice for various ventures. Whether you're considering revitalizing the existing structures or embarking on a redevelopment project, the potential for growth and profitability is vast. Adding to its appeal, the property also presents the option to acquire two adjoining lots behind it, further expanding the scope for development and enhancing the overall value proposition. For those interested in exploring this additional opportunity, additional pricing information is available upon request. Don't miss out on the chance to secure your stake in Orlando's dynamic real estate landscape. Contact us today to schedule a viewing and unlock the potential of this exceptional property!
General Information
Sale Price: $2,300,000
Price/SqFt: $664
Status: Active
MLS#: O6206432
City: orlando
Post Office: orlando
County: Orange
Subdivision: colonial hills first add
Acres: 0.32
Bedrooms:0
Bathrooms:0
House Size: 3,464 sq.ft.
Acreage: 0.32 est.
Year Built: 1910
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road:  Asphalt
Garage:  No
Construction:  Wood Frame
Exterior Misc:  Courtyard
Basement:  No
Foundation :  Crawlspace
Cooling:  Central Air
Heating:  Central
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $5,876
Legal Description:  COLONIAL HILLS FIRST ADDITION F/107 THES 1/2 OF LOTS 11 & 12 and COLONIAL HILLS FIRST ADDITION F/107 LOT 13 (LESS ST RD R/W)


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Maria Blanchard of OLDE TOWN BROKERS INC, Phone: 407-425-5069
(218) 428-5652 Call Mike Johnson for more information about this property.

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This Home located at
703 e colonial drive, orlando FL 32803
is currently for sale priced at $2,300,000 and was listed on May, 24, 2024 and has been on the market for 175 days and was last updated on September, 17, 2024.

703 e colonial drive has 0 bedrooms, 0 bathrooms, and approximately 3,464 square feet. with 0.32 acres and was built in 1910. 703 e colonial drive is in the 32803 ZIP Code area of orlando.

If you have any question about this property or any others, please don't hesitate to contact me.