$8,500,000

0 E Colonial Dr, Orlando, FL 32820

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$8,500,000

0 E Colonial Dr Orlando, FL 32820

For Sale MLS# O6105219

3,606 sq ftCommercial

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Data current as of 14/04/2024 12:31:23

Details for 0 E Colonial Dr

MLS# O6105219

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!

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 5.27 Acres

Square Feet: 3,606 sq ft

Year Built: 1953

Construction: Block,Concrete

Subdivision: 0000

Foundation: Slab

County: Orange

Interior Features


Flooring: Carpet,Concrete,Vinyl

Doors/Windows: Window Treatments, Drapes

Utilities


Water: Well

Sewer: Septic Tank

Other Utilities: Electricity Available,High Speed Internet Available

Cooling: Wall/Window Unit(s)

Heating: Window Unit, Wall Furnace, Electric

Exterior / Lot Features


Parking Description: Common, Parking Space(s)

Roof: Other

Community Features


Security 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


Terms: Cash,Other

Tax/Property ID: 32-22-21-0000-00-008

Tax Amount: 9612

Tax Year: 2022

Price Changes


$8,500,000 Original Price
$8,500,000 Current Price
$0Total Change
Date Price Change
02/28/2024 05.47 PM $8,500,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 0 E Colonial Dr

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

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