0 East Colonial Drive

Orlando, FL 32820

$8,500,000
Price
Beds
3,606 Sq. Ft.
$2,357 / Sq. Ft.
3,606
Sq. Ft.
$2,357
per Sq. Ft.

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...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!
  1. Listed by Antwan James • REAL ESTATE PROS
  2. Listed by Jose Perez • REAL ESTATE PROS

Property Details for 0 East Colonial Drive

Subdivision Name
0000
Township
22
Waterfront
No

Location

Listing Courtesy of REAL ESTATE PROS, Antwan James; REAL ESTATE PROS, Jose Perez
Add your commute
LISTING UPDATED: 04/16/2024 05:53 PM

Property Details for 0 East Colonial Drive

StatusActive
MLS #O6105219
Days on Market371
Taxes$9,612 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1953
Lot Size5.27 AC / 229,614 SF
CountyOrange County

Location

Listing Courtesy of REAL ESTATE PROS, Antwan James; REAL ESTATE PROS, Jose Perez
Add your commute

Building Information for 0 East Colonial Drive

Stories-Residences-Year Built1953Lot Size5.27 AC / 229,614 SF

Payment Calculator

$47,189 per month

30 year fixed, 7.25% Interest

Principal and Interest

$46,388

Property Taxes

$801

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 East Colonial Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4770.0
  • Building Area Units: Square Feet
  • Direction Faces: South
  • Directions: From Downtown take 408 east to highway 50 east colonial dr. Go East on highway 50 building on the left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: Divided Highway, State Road
  • Subdivision Num: 0000
  • Unit Number: No
  • Street Number: 0
  • Street Name: E COLONIAL DR
  • State: FL
  • City: ORLANDO
Parking
  • Parking Features: 6 to 12 Spaces, Common
Taxes and HOA Information
  • Management: Owner Manager
  • Tax Block: 00
  • Tax Book Number: 00/00
  • Tax 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
  • Tax Lot: 8
  • Tax Year: 2022
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Street Paved
  • Parcel Number: 32-22-21-0000-00-008
  • Total Acreage: 5 to less than 10
  • Total Num Buildings: 3
  • Water Access: No
  • Water Extras: No
  • Zoning: C-1
  • Living Area: 3606
Property and Assessments
  • Year Built Numeric: 1953
  • Adjoining Property: Commercial
  • Flood Zone Code: X/A
  • Flood Zone Date: 09-25-2009
  • Flood Zone Panel: 12095C0315F
  • New Construction: No
  • Public Survey Range: 32
  • Public Survey Section: 21
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Capable, Electricity Available
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Roof: Other
  • Security Features: Security System
  • Vegetation: Fruit Trees, Oak Trees
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Flooring: Carpet, Concrete, Vinyl
  • Heating: Electric, Wall Units / Window Unit
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Drapes, Shades

Property History for 0 East Colonial Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 East Colonial Drive

This home is within Orange.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 6 to 8
Charter - 8 to 12
Rating
School
Distance
East Lake Elementary School
PublicPK to 5

Cornerstone Academy Charter
CharterK to 8

Corner Lake Middle School
Public6 to 8

Cornerstone Charter Academy High School
Charter8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 East Colonial Drive is a mixed use property for sale in Orlando, FL 32820. This property was listed for sale on April 26, 2023 by REAL ESTATE PROS, it's currently listed at $8,500,000. This listing's school district is Orange. Nearby schools include East Lake Elementary School, Cornerstone Academy Charter and Corner Lake Middle School. 0 East Colonial Drive is a 0-bed, 0-bath, 3,606 sqft mixed use property built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REAL ESTATE PROS, Antwan James; REAL ESTATE PROS, Jose Perez

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/16/2024 05:53 PM