Address
713 N Summerlin AVENUE, ORLANDO, FL
Price
$ 2,300,000
Property Attributes
  • MLS#O6205235
  • TypeCommercial
  • CountyORANGE
  • CityORLANDO
  • AreaOrlando-Colonial Town
  • NeighborhoodColonial Hills First Add
  • Zip32803
  • StyleMixed Use
  • Year Built1910
  • Taxes$ 5876
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3464
  • Lot Size0.32 Acres
Data Source:
Stellar MLS
Property Description

Welcome to a prime investment opportunity in the heart of downtown Orlando! This property offers an exceptional corner location featuring both a duplex and a single-family home, presenting a versatile canvas for savvy investors and developers alike. Situated in a highly desirable downtown area, this property boasts zoning that allows for commercial retail as well as multi-family development, making it a strategic choice for various ventures. Whether you're considering revitalizing the existing structures or embarking on a redevelopment project, the potential for growth and profitability is vast. Adding to its appeal, the property also presents the option to acquire two adjoining lots behind it, further expanding the scope for development and enhancing the overall value proposition. For those interested in exploring this additional opportunity, additional pricing information is available upon request. Don't miss out on the chance to secure your stake in Orlando's dynamic real estate landscape. Contact us today to schedule a viewing and unlock the potential of this exceptional property!

Price History
5/16/2024 Listed $2,300,000

General Features

Cooling Central Air
Zoning R-2B/T
Construction Materials Wood Frame
Year Built 1910
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Sole Proprietor
Additional Parcels Description 24-22-29-1524-00-130
County Orange
New Construction No
Property Type Commercial Sale
Subdivision Name COLONIAL HILLS FIRST ADD
Status Active
Directions Corner of Colonial Drive and Summerlin
ModificationTimestamp 2024-05-24T16:59:30.213Z
City ORLANDO
Buyer Agent Compensation 3%
View Y/N No
MLS Area 32803 - Orlando/Colonial Town
Lot Size Units Square Feet
Lot Size Square Feet 13999
Waterfront Y/N No
Tax Annual Amount 5876.02
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6205235
Days on Market 8
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 11
Legal Description COLONIAL HILLS FIRST ADDITION F/107 THES 1/2 OF LOTS 11 & 12 and COLONIAL HILLS FIRST ADDITION F/107 LOT 13 (LESS ST RD R/W)
Water Access Y/N No
Water View Y/N No
Flood Zone Code x

Interior Features

Total Stories 1
Air Conditioning Y/N Yes
LivingAreaSource Public Records

Exterior Features

Lot Size Area 13999
Foundation Details Crawlspace
Number of Buildings 2
Building Area Total 4325
Lot Size Acres 0.32
Road Surface Type Asphalt
Road Frontage Type Business District,City Street
Number of Lots 2

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 Commercial Average in 32803

Price
AVG $1.96M
$2.3M
Taxes
AVG $8,884
$5,876
Visits
AVG 456
80
Data Provided by Inside Real Estate®
Year Built
AVG 1945
1910

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