5047 W Colonial DriveOrlando, FL 32808MLS Number O6136691

  • Price: $1,800,000
  • 327 Days on Market
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Federal 30-year interest rate: 6.89% last updated on Jul 11, 2024
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5047 W Colonial Drive Orlando FL 328085047 W Colonial Drive Orlando FL 328085047 W Colonial Drive Orlando FL 328085047 W Colonial Drive Orlando FL 328085047 W Colonial Drive Orlando FL 32808
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  • 0.47Acreage
  • 1956Year Built
  • 2,785Square Feet
This property has been recently renovated with brand new HVAC, Roof, Hurricane-Proof Windows, Insulation, Plumbing, Asphalt and Concrete, and interior design (new floors, acoustic tile ceiling, bathrooms, doors, and new 1000 sqft storage area) in the beginning of 2023. Modern Awnings are expected to be installed still this year (2023) at current owner's investment. This modern construction with block outer walls and impeccable design could be the recession resistant investment you're looking for, currently leased to a well established Car Dealership in Orlando area that's been operating for 7+ years. This parcel offers excellent signage, 135ft of frontage and amazing exposure from W Colonial Dr for more than 40,000 cars per day. The 2,785 sqft renovated office/retail building sits on an almost half acre lot, allowing for plenty of parking space, possible additions, or product display. Investors' special! Current lease at $9,000.00 / month NNN, which averages 6% cap rate at current listing price. Please review brochures and disclosures for extra information. Rates and information are from sources we deem reliable and is subject to change without notice according to change in price and conditions. Any and all information contained in the description is being provided without any representation or warranty, express or implied, as to the accuracy or completeness of the information.
Listing Courtesy of SUMMERHILL REALTY GROUP LLC

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Location Information

  • Road Frontage["Highway"]

Parking

  • Parking Features Electric Vehicle Charging Station(s), Lighted, Over 30 Spaces

Building

  • BasementInterior Entry
  • Building Area Source Owner
  • Levels One
  • MFR Ceiling Type Acoustical
  • MFR Easements Other
  • MFR Garage Door Height 12
  • MFR Numof Restrooms 2
  • MFR Office Retail Space Sq Ft 2785
  • Stories1
  • Window Features Impact Glass/Storm Windows, Shades
  • Year Built1956

Basic Information

  • List Price$1,800,000
  • MLS NumberO6136691
  • Mls Status Active
  • StatusACT

Location

  • Address5047 W Colonial Drive
  • AreaOrlando/Pine Hills
  • Building Number5047
  • CountyOrange
  • StateFL
  • StreetColonial
  • TownOrlando
  • Township 22
  • Zip32808

Property Information

  • Acreage0.47
  • Construction Materials Block
  • Lot DescriptionCorner Lot, City Limits, Out Parcel
  • Lot Size Square Feet 20,386
  • MFR Adjoining Property Commercial
  • MFR Front Footage 135
  • MFR Road Frontage Ft 135
  • MFR Total Acreage 1/4 to less than 1/2
  • Property Condition Completed
  • Square Feet2,785

Tax Information

  • Tax Year 2023
  • Taxes$11,705

Basic Information

Property

  • Living Area 2785
  • ZoningC-2

Interior

  • Flooring Tile

Utilities

  • Cooling Office Only
  • Sewer Public Sewer
  • Water Source Public

Water Body

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

Other

  • Date Listed08/24/2023
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2009-09-25
  • Security Features Fire Alarm, Security System, Smoke Detector(s)
  • View Count97
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 15, 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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