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703 E COLONIAL DRIVE

Multi-family For Sale
$2,300,000

BTC: 23.78760769

ETH: 699.08814590

180 days
0 room(s)
3,464 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1910
Lot:
0.32 Acres
Heating:
Central
Price/sqft:
$664
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Built-in Features

  • Property

    • Exterior Features: Courtyard

    Lot

    • Lot: 0.32 Acres

    Other Property Information

    • Parcel Number: 242229152400112

    • Zoning: R-2B/T

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $5,876

  • Source details

    • MLS ID: O6206432

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Laundry Room

    • Living Area: 3464

    • Water Source: Public

    • Subdivision Name: COLONIAL HILLS FIRST ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: OLDE TOWN BROKERS INC