703 E Colonial DriveOrlando, FL 32803MLS Number O6206432

  • Price: $2,300,000
  • Est. Mortgage of $/month
  • 194 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Nov 27, 2024
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703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803703 E Colonial Drive Orlando FL 32803
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  • 0.32Acreage
  • 1910Year Built
  • 3,464Square Feet
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!
Listing Courtesy of OLDE TOWN BROKERS INC

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Location Information

  • Road Frontage DescriptionAsphalt

Parking

  • Carport Spaces 1
  • Carport YN Yes

Building

  • Construction Materials Wood Frame
  • Foundation Details Crawlspace
  • RoofOther
  • Units2
  • Year Built1910

Utilities

  • Cooling Central Air
  • Heating Central
  • Laundry Features Laundry Room
  • Sewer Public Sewer
  • Utilities Electricity Connected
  • Water Source Public

Other

  • Building Area Source Public Records
  • Date Listed05/24/2024
  • MFR Flood Zone Code x
  • View Count138

Basic Information

  • List Price$2,300,000
  • MLS NumberO6206432
  • Mls Status Active
  • StatusACT

Location

  • Address703 E Colonial Drive
  • AreaOrlando/Colonial Town
  • CountyOrange
  • Exterior Features Courtyard
  • StateFL
  • SubdivisionColonial Hills First Add
  • TownOrlando
  • Township 22
  • Zip32803

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Legal

  • Listing Agreement Exclusive Right To Sell
  • Parcel Number 24-22-29-1524-00-112
  • Tax 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)

Tax Information

  • Tax Year 2023
  • Taxes$5,876

Basic Information

  • Property SubTypeDuplex
  • Special Listing Conditions None
  • Virtual TourView Tour

Property

  • MFR Building Area Total Srch Sq M401
  • ZoningR-2B/T

Property Information

  • Acreage0.32
  • Additional Parcels YN Yes
  • Building Area Total 4,325
  • Lot Size Square Feet 13,999
  • MFR Living Area Meters 321
  • MFR Lot Size Square Meters 1,301
  • MFR Total Acreage 1/4 to less than 1/2
  • Number Of Lots 2
  • Square Feet3,464
Fusilier Realty Group

Your Local Office

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Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of December 3, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

I agree to receive marketing and customer service calls and text messages from Fusilier Realty Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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