1 year on rocket

16194 E Colonial Dr, Orlando, FL, 32820

$500,000

0.89 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #O6036190
Lot Size0.89 Acres
StatusActive

About 16194 E Colonial Dr

At just under an acre, this property with frontage on SR50 offers a fantastic investment opportunity for the right buyer. Huge future commercial potential as this property is located just across the street from the main entrance to a future 1,200-acre master-planned farm & garden community ("The Grow") with over 2,000 homes projected that has already been approved by Orange County. Over 13,000 SQ FT of C-1 zoning are already in place within rapidly developing East Orange County.

Property Details

Property Features

Listing Office:

  • Office Name: CARRIGAN REALTY, INC.
  • Office Phone: (407) 568-2145
  • Listing Agent: Robert Carrigan, IV

Lot Features

Lot Information:

  • Lot: Paved, Wooded
  • Lot Size: 0.89 Acres

School Info

Assigned Schools Information:

  • East River High School, Public District Grades 9-12
  • Orange County Virtual Franchise, Public District Grades 4-12
  • Corner Lake Middle School, Public District Grades 6-8
  • Columbia Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 408 East-West Expressway and East Colonial Dr intersection, head east on East Colonial Dr for 2.75 miles, 16194 E Colonial Dr on the south side of the road just before Bob's Market.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

Tax Information:

  • Annual Amount: $665
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orlando, FL.

Med. Sold Price

$381K

Med. Price/SqFt

$238

Avg. Days On Market

41

# of Sold Homes

937

16194 E Colonial Dr vs Orlando

691 DAYS ON ROCKET

+650 Days

$500,000

+$118.9K More

KEY TAKEAWAY

This property is $118.9K more than the Median Sold Price in Orlando, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6036190

Listing Office:

  • Office Name: CARRIGAN REALTY, INC.
  • Office Phone: (407) 568-2145
  • Listing Agent: Robert Carrigan, IV

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/16/2024, 10:19:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$665$41,728
2018$645$39,352
2017$603$36,317

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2266793
9
/10
  • Columbia Elementary School

  • 18501 Cypress Lake Glen Blvd

  • 1.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2266794
4
/10
  • Corner Lake Middle School

  • 1700 Chuluota Rd

  • 0.64 miles

  • Public District Grades 6-8

High School

school-card-donut-2266795
5
/10
  • East River High School

  • 654 Columbia School Rd

  • 0.72 miles

  • Public District Grades 9-12

school-card-donut-2266796
7
/10
  • Orange County Virtual Franchise

  • 445 W Amelia St

  • 14.89 miles

  • Public District Grades 4-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,712. Typical income of Orlando, FL residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Orlando, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Orlando, FL?

Orlando's housing market is diverse, offering a mix of residential options to suit various preferences and budgets. Single-family homes are prevalent, with modern, Mediterranean, and ranch-style architectures being particularly common. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The area has seen a steady growth in housing developments, with a significant number of properties constructed in the last few decades.

Is Orlando, FL a good place to live?

Orlando is celebrated for its vibrant atmosphere and strong sense of community. Known for its world-class attractions and entertainment options, the city prides itself on being a hub for both tourism and local cultural events. Residents enjoy a variety of annual festivals and community gatherings that reflect the city's diverse and dynamic character.

Are things conveniently located in Orlando, FL?

The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are comprehensive, with several hospitals and clinics offering a variety of specialized care. The city also features a network of public libraries and a rich assortment of retail and dining options that showcase the local culture. Orlando continuously adapts its services to meet the evolving needs of its growing population.

What does the transportation in Orlando, FL look like?

Orlando's transportation infrastructure is designed to accommodate both residents and visitors. The city offers multiple public transit options, including a bus system with regular routes throughout the area. For those who prefer private transport, ride-sharing services are readily available. The city is also connected by a network of major roads and highways, facilitating easy travel to and from the city. Efforts are ongoing to enhance the efficiency and accessibility of the transportation system, including improvements to walkability and bikeability in key areas.

Frequently Asked Questions About 16194 E Colonial Dr

What is the listing price of this property?

The listing price of 16194 E Colonial Dr property is $500,000.

What type of property is this?

The property 16194 E Colonial Dr is land located in Orlando, Florida, 32820.

Is this property for sale now?

Active Listing: 16194 E Colonial Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16194 E Colonial Dr are:
Columbia Elementary School: GreatSchools Rating 9/10
Corner Lake Middle School: GreatSchools Rating 4/10
East River High School: GreatSchools Rating 5/10
Orange County Virtual Franchise: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $665 (source: MLS/based on county public records data).

How much acreage is this property?

The property 16194 E Colonial Dr is 0.89 acres.
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Rocket HomesFloridaOrange CountyOrlando3282016194 E Colonial Dr

This home is located at 16194 E Colonial Dr in Orlando, FL and zip code 32820. This home sits on a 0.89 acre lot. It has been listed on Rocket Homes since June 25, 2022 and is currently priced at $500,000.

In April 2024 more than 156 listings in Orlando, FL were sold above the asking price. During the same period more than 208 listings were sold at asking price, while more than 573 were sold below. Between March 2024 and April 2024, Orlando, FL real estate market has seen decrease in the number of listings by 0.6%. While the average time on the market in April 2024 was 41 days, the median list price was $381,094.

From Rocket Homes Real Estate and based on county public records data.

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