Orlando, FL 32803,703 E COLONIAL DR
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Orlando, FL 32803,703 E COLONIAL DR
Orlando, FL 32803,703 E COLONIAL DR
Orlando, FL 32803,703 E COLONIAL DR
Orlando, FL 32803,703 E COLONIAL DR
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$ 2,300,000
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Active

703 E COLONIAL DR Orlando, FL 32803

3,464 SqFt


UPDATED:

09/18/2024 10:06 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,464 sqft

Price per Sqft $663

Subdivision Colonial Hills First Add

MLS Listing ID O6205235

HOA Y/N No

Originating Board Stellar MLS

Year Built 1910

Annual Tax Amount $5,876

Lot Size 0.320 Acres

Acres 0.32

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!

Location

State FL

County Orange

Community Colonial Hills First Add

Zoning R-2B/T

Interior

Cooling Central Air

Exterior

Waterfront false

Building

Story 1

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Structure Type Wood Frame

New Construction false

Others

Ownership Sole Proprietor

Special Listing Condition None


Stellar MLS
Listed by OLDE TOWN BROKERS INC

Eric Axelson

Broker Associate | NJ BK3582598

+1(856) 979-5967

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703 E COLONIAL DR