703 E COLONIAL DR Active Save Request In-Person Tour Request Virtual Tour
Orlando,FL 32803
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
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