Discover a Premier Investment Opportunity in Mixed-Use Property Near UCF/Valencia Campus, West Colonial, Orlando. Seize the unique chance to invest in a strategically located, commercially-zoned real estate asset in Orlando's rapidly growing West Colonial neighborhood. Benefiting from its prime location near the UCF/Valencia shared campus and the state-of-the-art Creative Village, this property is perfectly positioned to meet the escalating demands of Downtown Orlando's rising student and residential communities. Unlock exceptional diversification potential with this versatile mixed-use property. Ideal for both multi-unit residential complexes and specialized single-use spaces, this investment opens the door to significant growth and impressive return on investment (ROI). Included in this lucrative package are three adjoining parcels: 654 Putnam Avenue and 644 Putnam Avenue, which complement the main lot. Each parcel is construction-ready, prepped to bring your ambitious development vision to life. As per City of Orlando regulations, this property has the capability to support over 20 units and may achieve a towering maximum height of 75 feet. Don't miss out on this high-potential investment opportunity in a rapidly evolving Orlando locale. Reach out to us now to uncover exclusive details about this standout investment option!
Financial Considerations
Price:
$1,500,000
HOA Fee:
N/A
Tax Amount:
$8392.99
Price per SqFt:
$72.79
Tax Legal Description:
C P HATCHS REVISION G/76 LOT 4 & E 18 FTOF LOT 3 MEASURED ON STREET (LESS S 2.50 FT) & N 37.50 FT OF S 40 FT OF W 30 FTOF LOT 3