Commercial property in Orlando, Florida 321.81 sq.m. № 1198206
13
ID1198206
$ 2 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
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. The entire corner is for sale, 703 E. Colonial and 713 Summerlin. Great redevelopment opportunity. 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!
MLS #: O6205235
Orlando - Statistics
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| Parameters | Orlando |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 933.00 |
| Apartment (1 bedroom) Outside of Centre | $ 1 727.58 |
| Apartment (3 bedrooms) in City Centre | $ 3 239.17 |
| Apartment (3 bedrooms) Outside of Centre | $ 2 618.26 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 210.52 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 353.83 |
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| Parameters | Orlando |
|---|---|
| Crime Index | 49.47 |
| Cost of Living and Rent Index | 58.30 |
| Purchasing Power Index | 145.14 |
| Property Price to Income Ratio | 3.12 |
| Safety Index | 50.53 |
| Traffic CO₂ Index | 9558.27 |
| Traffic Inefficiency Index | 213.79 |
| Rent Index | 45.80 |
| Health Care Index | 60.90 |
| Groceries Index | 79.23 |
| Pollution Index | 34.90 |
| Traffic Commute Time Index | 36.34 |
| Restaurant Price Index | 76.24 |
| Climate Index | 87.23 |
| Cost of Living Index | 68.48 |
| Quality of Life Index | 185.35 |
| Traffic Index | 176.53 |
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| Parameters | Orlando |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 25.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 85.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 10.25 |
| Domestic Beer (0.5 liter draught) | $ 6.00 |
| Imported Beer (0.33 liter bottle) | $ 7.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.76 |
| Water (0.33 liter bottle) | $ 2.42 |
| Cappuccino (regular) | $ 4.98 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.15 |
| Loaf of Fresh White Bread (500g) | $ 3.64 |
| Eggs (regular) (12) | $ 4.18 |
| Local Cheese (1kg) | $ 12.41 |
| Water (1.5 liter bottle) | $ 2.10 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 2.04 |
| Imported Beer (0.33 liter bottle) | $ 3.39 |
| Cigarettes 20 Pack (Marlboro) | $ 9.00 |
| Apples (1kg) | $ 5.94 |
| Chicken Fillets (1kg) | $ 11.90 |
| Oranges (1kg) | $ 6.38 |
| Potato (1kg) | $ 3.33 |
| Lettuce (1 head) | $ 2.37 |
| Rice (white), (1kg) | $ 4.87 |
| Tomato (1kg) | $ 3.92 |
| Banana (1kg) | $ 2.02 |
| Onion (1kg) | $ 3.51 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 16.33 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.00 |
| Monthly Pass (Regular Price) | $ 50.00 |
| Gasoline (1 liter) | $ 0.91 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 31 406.50 |
| Taxi Start (Normal Tariff) | $ 2.90 |
| Taxi 1km (Normal Tariff) | $ 1.90 |
| Taxi 1hour Waiting (Normal Tariff) | $ 35.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 25 419.35 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 195.19 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 77.11 |
| $ 68.74 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 458.17 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.62 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 40.25 |
| Tennis Court Rent (1 Hour on Weekend) | $ 6.13 |
| Cinema, International Release, 1 Seat | $ 15.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 48.17 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 36.75 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 83.56 |
| 1 Pair of Men Leather Business Shoes | $ 108.25 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 1 175.00 |
| International Primary School, Yearly for 1 Child | $ 6 833.33 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
CityOrlando
Address703 E COLONIAL DRIVE
TypeCommercial property
Living space321.81 m²
- m²
- sq. ft
Completion dateIV quarter, 1910
Price
- Price
- per m²
$ 2 300 000
- EUR €
- USD $
- RUB ₽
- GBP £
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