Active

$2,300,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 3464 sq ft
Overview
  • ID: MFRO6205235
  • Bedrooms:
  • Bathrooms: 0
  • Size: 3464 sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$2,300,000
HOA Fee:
N/A
Tax Amount:
$5876.02
Price per SqFt:
$531.79
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)
Exterior Features
Lot Size:
13999
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1910
Construction Type:
Wood Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    703 E COLONIAL DR
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  • Skilled Negotiation
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