Welcome to a prime investment opportunity in the heart of downtown Orlando! This property offers an exceptional corner location featuring both a duplex and a single-family home, presenting a versatile canvas for savvy investors and developers alike. The entire corner is for sale, 703 E. Colonial and 713 Summerlin. Great redevelopment opportunity. Situated in a highly desirable downtown area, this property boasts zoning that allows for commercial retail as well as multi-family development, making it a strategic choice for various ventures. Whether you're considering revitalizing the existing structures or embarking on a redevelopment project, the potential for growth and profitability is vast. Adding to its appeal, the property also presents the option to acquire two adjoining lots behind it, further expanding the scope for development and enhancing the overall value proposition. For those interested in exploring this additional opportunity, additional pricing information is available upon request. Don't miss out on the chance to secure your stake in Orlando's dynamic real estate landscape. Contact us today to schedule a viewing and unlock the potential of this exceptional property!
MLS# | O6206432 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Active |
Year | 1910 |
Days On Site | 137 |
Listing Provided By | OLDE TOWN BROKERS INC | Maria Blanchard |
SQ Feet | 3,464 |
---|---|
Car Port | Yes |
Units | 2 |
Zoning | R-2B/T |
Acreage | 0.32 |
State | FL |
---|---|
County | Orange |
City | ORLANDO |
Zip Code | 32803 |
Area | 32803 Orlando | Colonial Town |
Community Name | COLONIAL HILLS FIRST ADD |
Listing VS Median (in COLONIAL HILLS FIRST ADD) | |
Price: $2,300,000 low | high Med: $2,300,000 SqFt: 3,464 low | high Med: 3,464 $ / SqFt: $664 low | high Med: $664 On Site: 137 low | high Med: 141.000000 |