17821 E Colonial Dr, Orlando, FL, 32820 | $2,650,000

Under contract-accepting backup offers. Great Commercial Opportunity 4. 78 Acres of C-2 Commercial with 280 Ft of Frontage on busy SR50 with great accessibility going east and west on E Colonial, having a median cut right in the middle of the property. There are two parcels that are being sold together. This property is very unique consisting of 4 buildings on site. A brand new 5400 sq ft Warehouse that was just built 2021 with new septic system. Very nice concrete block 1700 sq ft office. Also, 1746 sq ft storage warehouse and one metal storage building. Endless possibilities with this Commercial property. One metal 30x50 metal storage building on site along with many shipping containers for storage. Located between University of Central FL and NASA's Kennedy Space Center which is booming with growth. Great access to all major highways 408, 417, 528 toll roads and I-95. Call for more information. Income producing Billboard Sign on site! This Property is completely fenced and gated!!!

Features

  • Property Type: Business
  • Construction: Block, Metal Siding
  • Garage: 19 to 30 Spaces
  • Cooling: A/C - Office Only
  • Year Built: 1962
  • Acreage: 4.78
  • Est. Taxes: $19,285
  • Lot Desc: Sidewalk
  • MLS#: O6112368
  • Days on Market: 357 days
  • Website: https://www.raveis.com
    /prop/O6112368/17821ecolonialdr_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/23/2024 8:17:08 AM)
Listing courtesy of CARRIGAN REALTY, INC.   Phone: 407-568-2145

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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17821 E Colonial Dr, Orlando, FL, 32820

$2,650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,120,000 $2,120,000 $2,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $1,607 $1,607 $1,607
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,575 $13,575 $18,613
Total Monthly Payment $15,307 $15,307 $20,345

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.