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0 E Colonial Dr,  Orlando FL, 32820

(Active)
$8,500,000
|
3,606 sqft
|
MLS# O6105219
Last Updated: 5/16/2024 10:56 PM
Description for 0 E Colonial Dr Orlando, FL 32820
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
$8,500,000
0000
Orange
3,606 (approx)
O6105219
Active
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!
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
5.27 Acres 3,606 (approx) 1953
Block
22//
0000
Slab
Well
Septic Tank
Electricity Available
Neighborhood
Room Information
Interior Features
Vinyl, Concrete, Carpet
Window/Wall Unit
Electric Heating
Drapes
Security System
Exterior / Lot Features
Common
Block
Other
C-1
Paved
Community Features
Security System
Driving Directions
From Downtown take 408 east to highway 50 east colonial dr. Go East on highway 50 building on the left.
Financial Considerations
32-22-21-0000-00-008
$9,612
Cash
Listing Price History

Orlando Real Estate

Orlando is located in Florida. Orlando, Florida 32820 has a population of 9,811.

The median household income in Orlando, Florida 32820 is $88,434. The median household income for the surrounding county is $63,002 compared to the national median of $66,222. The median age of people living in Orlando 32820 is 37 years.

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Courtesy: REAL ESTATE PROS, 407-381-7861


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This content last refreshed on 5/16/2024 10:56 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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