703 East Colonial Drive

Orlando, FL 32803

$2,300,000
Price
—
Beds
3,464 Sq. Ft.
$664 / Sq. Ft.
3,464
Sq. Ft.
$664
per Sq. Ft.

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...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!
  1. Listed by Maria Blanchard • OLDE TOWN BROKERS INC
  2. Listed by Patricia Sullivan • OLDE TOWN BROKERS INC

Property Details for 703 East Colonial Drive

Subdivision Name
COLONIAL HILLS FIRST ADD
Township
22
Waterfront
No
LISTING UPDATED: 09/17/2024 02:30 AM

Property Details for 703 East Colonial Drive

StatusActive
MLS #O6205235
Days on Market189
Taxes$5,876 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1910
Lot Size0.32 AC / 13,999 SF
CountyOrange County

Building Information for 703 East Colonial Drive

Stories1Residences-Year Built1910Lot Size0.32 AC / 13,999 SF

Property Information for 703 East Colonial Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4325.0
  • Building Area Units: Square Feet
  • Directions: Corner of Colonial Drive and Summerlin
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Business District, City Street
  • Unit Number: No
  • Street Number: 703
  • Street Direction Prefix: E
  • Street Name: COLONIAL
  • Street Suffix: DRIVE
  • State: FL
  • City: ORLANDO
Taxes and HOA Information
  • Tax Block: 00
  • Tax Book Number: F-107
  • 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 Lot: 11
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 24-22-29-1524-00-130
  • Additional Parcels: Yes
  • Parcel Number: 24-22-29-1524-00-112
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2B/T
  • Living Area: 3464
Property and Assessments
  • Year Built Numeric: 1910
  • Flood Zone Code: x
  • New Construction: No
  • Number Of Lots: 2
  • Public Survey Range: 29
  • Public Survey Section: 24
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Foundation Details: Crawlspace
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Cooling: Central Air
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Property History for 703 East Colonial Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 703 East Colonial Drive

Taxable ValueLand$185,000Additions$209,854Total$394,854
Tax Record2023$6,345 ($529 / month)
Home Facts
Total Finished SqFt2,465 SqFtAbove Grade Finished SqFt2,465 SqFtStories2Lot Size6,922 SqFtStyleDuplexYear Built1923Year Renovated1965ZoningMU-1/TCountyORANGEAPN24-22-29-1524-00-130

Schools near 703 East Colonial Drive

This home is within Orange County Public Schools.
Rating
School
Type
Grades
Distance
AUDUBON PARK SCHOOL
Public - PK to 8
Cornerstone Academy Charter
Charter - K to 8
Cornerstone Charter Academy High School
Charter - 9 to 12
Edgewater High School
Public - 9 to 12
Rating
School
Distance
AUDUBON PARK SCHOOL
PublicPK to 8

Cornerstone Academy Charter
CharterK to 8

Cornerstone Charter Academy High School
Charter9 to 12

Edgewater High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 703 East Colonial Drive, Orlando, FL 32803

703 East Colonial Drive is a mixed use property for sale in Orlando, FL 32803. This property was listed for sale on May 14, 2024 by OLDE TOWN BROKERS INC, it's currently listed at $2,300,000. This listing's school district is Orange County Public Schools. Nearby schools include AUDUBON PARK SCHOOL, Cornerstone Academy Charter and Cornerstone Charter Academy High School. 703 East Colonial Drive is a 0-bed, 0-bath, 3,464 sqft mixed use property built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of OLDE TOWN BROKERS INC, Maria Blanchard; OLDE TOWN BROKERS INC, Patricia Sullivan

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 09/17/2024 02:30 AM