713 N Summerlin AVENUE Orlando, FL ^$ 2,300,000

713 N Summerlin AVENUE

^$ 2,300,000

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Recently Listed

713 N Summerlin AVENUE

Orlando, FL, 32803

^$ 2,300,000

Studio Baths0.0 Sq 3,464

Monthly Estimate*

^$ 15,287

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Studio

Commercial Property for sale in Orlando, FL

for $2,300,000. This 3,464 square foot building was built in 1910 on a lot size of 0.32.

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!

Commercial Active

Price

^$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,876

Style

Mixed Use

Lot Size

0.32

Year Built

1910

Town/City

Orlando

County/Region

Orange

MLS | Web ID

O6205235

Features

General

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

County Orange

New Construction No

Property Type Commercial Sale

Subdivision Name COLONIAL HILLS FIRST ADD

Status Active

Directions Corner of Colonial Drive and Summerlin

City ORLANDO

Buyer Agent Compensation 3%

MLS Area 32803 - Orlando/Colonial Town

Lot Size Square Feet 13999

Waterfront Y/N No

Street Name Summerlin

Tax Annual Amount 5876.02

Public Remarks 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

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6205235

Days on Market 8

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

Exterior

Lot Size Area 13999

Foundation Details Crawlspace

Number of Buildings 2

Building Area Total 4325

Lot Size Acres 0.32

Road Surface Type Asphalt

Lot Size Units Square Feet

Road Frontage Type Business District City Street

Interior

Total Stories 1

Air Conditioning Y/N Yes

Street Suffix AVENUE

Total Baths 0

Living Area Units Square Feet

* Excluded Features

List By

Olde Town Brokers Inc

Broker

otbmaria@yahoo.com

Affordability Calculator

$15,776

Per Month

Monthly Principal & Interest: $15,287
Monthly Property Taxes: $490
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Orlando, FL

Average List Price ^$1,539,066

Percent of Sale Price 33%

About Orlando, FL

286,765 Population

43% Since 2002

^$48,185 Median Income

36.8 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266288 Elementary School

265661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/16/2024	$2,300,000		Listed Price

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713 N Summerlin AVENUE, Orlando, FL, 32803 is a Commercial Property for sale at $2,300,000 with 3,464 sqft and a lot size of 0.32. 713 N Summerlin AVENUE is a studio with 0.0 baths and was built in 1910. The property's zip code is 32803 which is in Orlando, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Data is updated as of 6/2/2024.

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713 N Summerlin AVENUE

Commercial Property for sale in Orlando, FL

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