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Multi Family - 0000 for Sale

E COLONIAL DR, ORLANDO, FL 32820

Asking Price$8,500,000

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  • Days on market:

    579 day(s)
  • Original Price:

    $8,500,000
  • Price per sqft:

    $2357.18
  • 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 Year:

    2022
  • Property Type:

    Multi Family
  • Parking:

    Common6 to 12 Spaces
  • Construction Type:

    BlockConcrete
  • Roof:

    Other
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    ElectricWall Units / Window Unit
  • Floor Description:

    CarpetConcreteVinyl
  • Special Listing Conditions:

    None

Description

$8,500,000 • living size area 3606 sqft

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!

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