12528 E COLONIAL DRIVE
Orlando, FL 32826
4.15 acres | #O6292017
Description
County up-zoning parcel to 30 du/ac!
Property is at the junction of E Colonial Drive and the terminus of SR 408 and is surrounded by upscale apartments, single family, and newly developed retail.
Orange County Vision 2050 is upzoning the parcel to newly created T4.1 Transect (new name for Zoning District) and Proposed Place Type (new name for Future Land Use) of Traditional Neighborhood, with a max density of 30 dwelling units per acre.
County shows 3.15 acres buildable, 1 acre of wetlands at the north end of the property.
Parcel is adjacent to recently built luxury apartment complexes that sold for $510,000 per acre in 2021.
Located on access road off Woodbury Rd. East Colonial has 46,500 vehicles per day and Woodbury Rd has almost 20,000 vehicles per day.
Located minutes from UCF, Central Florida Research Park, Valencia College, Waterford Lakes, and every kind of retail available nearby. 15 minutes to downtown Orlando via the 408 Expressway.
Property Details
- Utility FeaturesElectrical Nearby, Sewer Nearby, Water Nearby
- Lot DescriptionIn County, Level, Wetlands, Wooded
- Sewer InformationPublic Sewer
- Property TypePurchase
- Original List Price$965,000
- MLS #O6292017
- MLS #O6292017
- Utility SourcePublic
- CountyOrange
- Cost965000
- Acres4.15
- Taxes Annual$428
- Property SubtypeLand
- Days on Market (Cumulative)32
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Renaissance Realty Main
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Mike Palombi (#MFR261203914)
Listing Office: COLDWELL BANKER REALTY (#MFR51957H)
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