12528 E COLONIAL DR Orlando, FL 32826
UPDATED:
Key Details
Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID O6292017
HOA Y/N No
Annual Tax Amount $428
Lot Size 4.150 Acres
Acres 4.15
Lot Dimensions IRR
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
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.
Location
State FL
County Orange
Area 32826 - Orlando/Alafaya
Zoning R-1
Exterior
Utilities Available Electrical Nearby, Sewer Nearby, Water Nearby
View Y/N No
Water Access No
Building
Lot Description In County, Level, Wetlands, Wooded
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6292017
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