Address
644 W Colonial DRIVE, ORLANDO, FL
Price
$ 1,500,000
Property Attributes
  • MLS#O5965671
  • TypeLand
  • CountyORANGE
  • CityORLANDO
  • AreaOrlando-College Park
  • NeighborhoodHatch C P Rev
  • Zip32804
  • Style
  • Taxes$ 8392
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.47 Acres
Data Source:
Stellar MLS
Property Description

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!

Price History
8/13/2021 Listed $1,500,000

General Features

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.
ModificationTimestamp 2023-12-22T16:40:22.730Z
City ORLANDO
Buyer Agent Compensation 3%
View Y/N No
MLS Area 32804 - Orlando/College Park
Lot Size Units Square Feet
Lot Size Square Feet 20606
Waterfront Y/N No
Tax Annual Amount 8392.99
Additional Parcels Y/N No
Days on Market 889
Building Area Units Square Feet
Living Area Units Square Feet
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
Flood Zone Code X

Exterior Features

Water Source Public
Lot Size Area 20606
Lot Dimensions 205 x 198
Lot Size Acres 0.47
Road Surface Type Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32804

Price
AVG $1.58M
$1.5M
Taxes
AVG $10,163
$8,392
Visits
AVG 625
1582
Data Provided by Inside Real Estate®
Walkscore
AVG 55
61
Data Provided by Walkscore® not using MLS data

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