Active

644 W COLONIAL DR

ORLANDO FL, 32804

$1,500,000


$72.79 per sqft

Active

0.47 Acres

Land

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!

O5965671

MLS ID

August 11, 2021

Listed

March 22, 2024

Updated

Map

644 W COLONIAL DR
ORLANDO FL, 32804

Exterior/Building Features

Lot Size

0.47 Acres


Sewer

Public Sewer

Other Property Details

Area Name

32804 - Orlando/College Park


Taxes

$8,393


Tax Frequency

Annually


Days on Market

861


Garage

No


View

No


County

Orange


Municipality

22


Water Source

Public


Pool

No


Zoning

MU-1/T/PH


Buyer Agency Compensation

3%

Listed by A.J. Lash, with CORCORAN PREMIER REALTY
Listing Contact: 407-965-1155 

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Data last updated 3/22/2024, 8:18 AM UTC

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