Address
0 E Colonial Dr, ORLANDO, FL
Price
$ 8,500,000
Property Attributes
  • MLS#O6105219
  • TypeCommercial
  • CountyORANGE
  • CityORLANDO
  • AreaOrlando-Bithlo
  • Neighborhood0000
  • Zip32820
  • StyleMixed Use
  • Year Built1953
  • Taxes$ 9612
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3606
  • Lot Size5.27 Acres
Data Source:
Stellar MLS
Property Description

Its all about Location. Let’s just say it’s an opportunity you would look back on and wish you was in the new buyer shoes. Jump on this mega deal now! Property is Mixed Use Zoned for hotel/motel, commercial retail and farmland/rural. It has 3 buildings that sits on 5 acres of land. The 1st main building sits in front of the most busiest highway in east Orlando, East 50 which is the road that leads up minutes away from cocoa beach and I95 exits. It has a main office area and holds 10 units. The second building on the property holds 5 units and the third building holds 2 units. All units have water, air conditioning, electricity with 2 septic tanks on the property. This beautiful property can hold up to 100 units. This property was built of the years to make an investors dream come true. The area this property is in has been a hot spot in buying properties and land for the past couple of months. With multi family homes being built from the ground up along with huge shopping plazas and pending prices in the same range of the asking price, this deal will not last long. Keep the property as is and make an amazing profit or use the land for another major project, in this location you can not lose you will win with anything you do on this property. Instead of wishing you was in the buyer shoes, you have the opportunity now to be the buyer. Let’s get you this property!

Price History
4/26/2023 Listed $8,500,000

General Features

Sewer Septic Tank
Heating Electric,Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities BB/HS Internet Capable,Electricity Available
Roof Other
Zoning C-1
Security Features Security System
Construction Materials Block,Concrete
Year Built 1953
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Sole Proprietor
County Orange
New Construction No
Property Type Commercial Sale
Subdivision Name 0000
Facing Direction South
Building Features Bathrooms,Dumpsters,Reception
Status Active
Directions From Downtown take 408 east to highway 50 east colonial dr. Go East on highway 50 building on the left.
City ORLANDO
Buyer Agent Compensation 1.25%
MLS Area 32820 - Orlando/Bithlo
Lot Size Square Feet 229614
Waterfront Y/N No
Street Name E Colonial Dr
Listing Terms Cash,Other
Tax Annual Amount 9612
Public Remarks Its all about Location. Lets just say its an opportunity you would look back on and wish you was in the new buyer shoes. Jump on this mega deal now! Property is Mixed Use Zoned for hotel/motel,comm
Virtual Tour https://site.orlandorealestatephotography.com/sites/17883-e-colonial-dr-orlando-fl-32820-4298616/unbranded
Days on Market 356
Standard Status Active
Tax Lot 8
Virtual Tour https://site.orlandorealestatephotography.com/sites/17883-e-colonial-dr-orlando-fl-32820-4298616/branded
Legal Description BEG 479.04 FT W OF NE COR OF SE1/4 OF SE1/4 S 19 DEG W 794.67 FT TO ST RD S 70 DEG E 225 FT ALONG RD N 19 DEG E 17.39 FTS 70 DEG E 25 FT TH N 19 DEG E 866.02 FT TH WLY 265.3 FT TO POB IN SEC 21-22-32

Interior Features

Flooring Carpet,Concrete,Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Drapes,Shades
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features 6 to 12 Spaces,Common
Water Source Well
Lot Size Area 5.2712
Foundation Details Slab
Number of Buildings 3
Building Area Total 4770
Lot Size Acres 5.27
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Street Paved,Divided Highway,State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32820

Price
AVG $6.37M
$8.5M
Taxes
AVG $12,922
$9,612
Visits
AVG 321
623
Data Provided by Inside Real Estate®
Year Built
AVG 1988
1953
Walkscore
AVG 24
15
Data Provided by Walkscore® not using MLS data

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