644 W Colonial DRIVE Orlando, FL $ 1,500,000
644 W Colonial DRIVE
$ 1,500,000
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644 W Colonial DRIVE

Orlando, FL, 32804
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,969

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Studio

Lots and Land for sale in Orlando, FL

for $1,500,000. The lot size is 0.47.

Discover a Premier Investment Opportunity in Mixed-Use Property Near UCF/Valencia Campus, West Colonial, Orlando. Seize the unique chance to invest in a strategically located, commercially-zoned real estate asset in Orlando's rapidly growing West Colonial neighborhood. Benefiting from its prime location near the UCF/Valencia shared campus and the state-of-the-art Creative Village, this property is perfectly positioned to meet the escalating demands of Downtown Orlando's rising student and residential communities. Unlock exceptional diversification potential with this versatile mixed-use property. Ideal for both multi-unit residential complexes and specialized single-use spaces, this investment opens the door to significant growth and impressive return on investment (ROI). Included in this lucrative package are three adjoining parcels: 654 Putnam Avenue and 644 Putnam Avenue, which complement the main lot. Each parcel is construction-ready, prepped to bring your ambitious development vision to life. As per City of Orlando regulations, this property has the capability to support over 20 units and may achieve a towering maximum height of 75 feet. Don't miss out on this high-potential investment opportunity in a rapidly evolving Orlando locale. Reach out to us now to uncover exclusive details about this standout investment option!

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Lots and Land Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 8,392

Style

Lot Size

0.47

Town/City

Orlando

County/Region

Orange

MLS | Web ID

O5965671

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Public Water Connected
Zoning MU-1/T/PH
Tax Year 2020
Current Use Mixed Use
Percent Ownership Fee Simple
County Orange
Property Type Land
HOA / Comm Assn No
Subdivision Name HATCH C P REV
Status Active
Directions From Downtown Orlando head north on N Eola Dr. toward E Washington St. Turn left on E Washington turn left on N. Summerlin Ave turn left on E. Colonial Dr. destination will be on the left.
City ORLANDO
Buyer Agent Compensation 3%
MLS Area 32804 - Orlando/College Park
Lot Size Square Feet 20606
Waterfront Y/N No
Street Name Colonial
Listing Terms Cash Conventional
Tax Annual Amount 8392.99
Public Remarks Discover a Premier Investment Opportunity in Mixed-Use Property Near UCF/Valencia Campus West Colonial Orlando. Seize the unique chance to invest in a strategically located commercially-zoned real es
Days on Market 889
Standard Status Active
Tax Lot 4
Legal Description C P HATCHS REVISION G/76 LOT 4 & E 18 FTOF LOT 3 MEASURED ON STREET (LESS S 2.50 FT) & N 37.50 FT OF S 40 FT OF W 30 FTOF LOT 3
Water Access Y/N No
Water View Y/N No
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Exterior
Water Source Public
Lot Size Area 20606
Lot Dimensions 205 x 198
Lot Size Acres 0.47
Road Surface Type Brick
Lot Size Units Square Feet
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Interior
Street Suffix DRIVE
Total Baths 0
Living Area Units Square Feet
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* Excluded Features
List By
Corcoran Premier Realty

Broker

aj.lash@corcorangroup.com

Email

Affordability Calculator

$10,669
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$699
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2021$1,500,000 Listed Price

Map


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644 W Colonial DRIVE, Orlando, FL, 32804 is a Lots and Land for sale at $1,500,000 with a lot size of 0.47. 644 W Colonial DRIVE is a studio with 0.0 baths. The property's zip code is 32804 which is in Orlando, FL