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Property profile & analytics
OFF-MARKET
Small apartment buildings

703 Colonial Dr Orlando, FL 32803

3,464 SF Built 1910
Property ID
US18-3555031
Property summary
AI-generated overview

This exceptional mixed-use property, located at 703 E Colonial Drive in Orlando, Florida, presents a compelling investment opportunity. The 3,464 square foot property sits on a 4,325 square foot lot and includes two buildings: a duplex and a single-family home, built in 1910. The property is zoned R-2B/T, allowing for commercial retail and multi-family development, offering significant redevelopment potential. The asking price is $2,300,000, translating to $663.97 per square foot. The property's prime corner location in downtown Orlando offers excellent visibility and accessibility. The existing structures provide immediate income potential, while the zoning allows for a variety of future development options. This presents a unique chance to capitalize on the thriving Orlando market. The opportunity to acquire two adjacent lots behind the property is also available, further enhancing the development potential and overall value. Detailed information regarding the adjacent lots and their pricing is available upon request. This property is offered as a sole proprietorship. The Orange County APN is 24-22-29-1524-00-130. This is a rare chance to own a piece of Orlando's vibrant downtown area.

Property profile
Verified
Property type Small apartment buildings
Year built 1910
Total area 3,464 SF
APN 24-22-29-1524-00-130
UPID US18-3555031
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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