703 East Colonial Drive
$2,300,000
—
3,464
3,464
$664
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!
- Listed by Maria Blanchard • OLDE TOWN BROKERS INC
- Listed by Patricia Sullivan • OLDE TOWN BROKERS INC
Property Details for 703 East Colonial Drive
Subdivision Name
COLONIAL HILLS FIRST ADD
Township22
Carport Spaces1
WaterfrontNo
LISTING UPDATED: 09/17/2024 02:27 AM
Property Details for 703 East Colonial Drive
Status | Active |
---|---|
MLS # | O6206432 |
Days on Market | 181 |
Taxes | $5,876 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1910 |
Lot Size | 0.32 AC / 13,999 SF |
County | Orange County |
Building Information for 703 East Colonial Drive
Stories-Residences2Year Built1910Building Size-Lot Size0.32 AC / 13,999 SF
Property Information for 703 East Colonial Drive
Property History for 703 East Colonial Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
---|---|---|---|---|
Public - | PK to 8 | |||
Charter - | K to 8 | |||
Charter - | 9 to 12 | |||
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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