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

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