0 E Colonial DriveOrlando, FL 32820MLS Number O6105219

  • Price: $8,500,000
  • 451 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Jul 18, 2024
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0 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 328200 E Colonial Drive Orlando FL 32820
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  • 5.27Acreage
  • 1953Year Built
  • 4,770Square Feet
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!
Listing Courtesy of REAL ESTATE PROS

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Location Information

  • Road Frontage["Divided Highway", "State Road"]

Parking

  • Parking Features Parking Spaces - 6 to 12, Common

Building

  • Building Area Source Public Records
  • MFR Numof Hotel Motel Rms 17
  • MFR Numof Offices 1
  • RoofOther
  • Window Features Drapes, Shades
  • Year Built1953

Interior

  • Flooring Carpet, Concrete, Vinyl

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Basic Information

  • List Price$8,500,000
  • MLS NumberO6105219
  • Mls Status Active
  • StatusACT

Location

  • Address0 E Colonial Drive
  • AreaOrlando/Bithlo
  • CountyOrange
  • StateFL
  • StreetE Colonial Drive
  • TownOrlando
  • Township 22
  • Zip32820

Utilities

  • Cooling Wall/Window Unit(s)
  • Heating Electric, Wall Units / Window Unit
  • Sewer Septic Tank
  • Utilities BB/HS Internet Capable, Electricity Available
  • Water Source Well

Other

  • Date Listed04/26/2023
  • MFR Flood Zone Code X/A
  • MFR Flood Zone Date 2009-09-25
  • Security Features Security System
  • Vegetation Fruit Trees, Oak Trees
  • View Count362

Tax Information

  • Tax Year 2022
  • Taxes$9,612

Basic Information

Property

  • Living Area 3606
  • ZoningC-1

Property Information

  • Acreage5.27
  • Construction Materials Block, Concrete
  • Lot DescriptionPaved
  • Lot Size Square Feet 229,614
  • MFR Adjoining Property Commercial
  • MFR Total Acreage 5 to less than 10
  • Square Feet4,770
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of July 19, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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