Active
703 E COLONIAL DR
ORLANDO FL, 32803
$2,300,000
$663.97 per sqft
Active
3,464 sqft
Multi-family
Built in 1910
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!
O6206432
MLSⓇ ID
May 24, 2024
Listed
October 2, 2024
Updated
Map
703 E COLONIAL DR
ORLANDO FL, 32803
Interior Features
Interior Features
Built-in Features
Laundry Description
Laundry Room
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.32 Acres
Exterior Features
Courtyard
Roof
Other
Sewer
Public Sewer
Other Property Details
Area Name
32803 - Orlando/Colonial Town
Taxes
$5,876
Tax Frequency
Annually
Days on Market
117
Garage
No
View
No
County
Orange
Municipality
22
Water Source
Public
Pool
No
Zoning
R-2B/T
Listed by OLDE TOWN BROKERS INC
Listing Contact: 407-467-0900
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Data last updated 10/2/2024, 3:51 AM UTC