Address
713 N Summerlin AVENUE, ORLANDO, FL
Price
$ 2,300,000
Property Attributes
  • MLS#O6206432
  • TypeIncome
  • CountyORANGE
  • CityORLANDO
  • AreaOrlando-Colonial Town
  • NeighborhoodColonial Hills First Add
  • Zip32803
  • StyleDuplex
  • 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
5/24/2024 Listed $2,300,000

General Features

Interior Features Built-in Features
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected
Roof Other
Exterior Features Courtyard
Zoning R-2B/T
Construction Materials Wood Frame
Year Built 1910
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Additional Parcels Description 24-22-29-1524-00-130
County Orange
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name COLONIAL HILLS FIRST ADD
Garage Y/N No
Status Active
Directions Corner of Colonial Drive and Summerlin
ModificationTimestamp 2024-05-25T10:51:27.430Z
City ORLANDO
Buyer Agent Compensation 3%
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 2
MLS Area 32803 - Orlando/Colonial Town
Lot Size Units Square Feet
Lot Size Square Feet 13999
Waterfront Y/N No
Carport Spaces 1
Carport Y/N Yes
Land Lease Y/N No
Tax Annual Amount 5876.02
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6206432
Days on Market 1
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

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Laundry Room
LivingAreaSource Public Records

Exterior Features

Water Source Public
Lot Size Area 13999
Foundation Details Crawlspace
Number of Buildings 2
Building Area Total 4325
Lot Size Acres 0.32
Road Surface Type Asphalt
Covered Spaces 1
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 Income Average in 32803

Price
AVG $940K
$2.3M
Taxes
AVG $7,870
$5,876
Visits
AVG 301
441
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1910

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