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E Colonial Dr
For Sale $8,500,000 ($2,357.18 per Sq Ft)
$8,500,000 ($2,357.18 per Sq Ft)
- Units
- 3,606 Sq Ft
- 229,614 Sq Ft
- Unknown Cap Rate
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 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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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $8,500,000 |
| Property Type | Flex Space |
| Usable Sqft | 3,606 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1953 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 322221000000008 |
| MLS # | O6105219 |
| Property ID | 319499553 |
| Lot Sqft | 229,614 |
| Zoning | C-1 |
| Days on Market | 640 |
| Original List Price | $8,500,000 |
| Date Updated | July 01, 2024 |
| Date Created | April 26, 2023 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jose Perez an agent of . Lic #3324908
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of July 01, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT