2 years on rocket

644 W Colonial Dr, Orlando, FL, 32804

$1,500,000

0.47 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #O5965671
Lot Size0.47 Acres
StatusActive

About 644 W Colonial Dr

Discover a Premier Investment Opportunity in Mixed-Use Property Near UCF/Valencia Campus, West Colonial, Orlando. Seize the unique chance to invest in a strategically located, commercially-zoned real estate asset in Orlando's rapidly growing West Colonial neighborhood. Benefiting from its prime location near the UCF/Valencia shared campus and the state-of-the-art Creative Village, this property is perfectly positioned to meet the escalating demands of Downtown Orlando's rising student and residential communities. Unlock exceptional diversification potential with this versatile mixed-use property. Ideal for both multi-unit residential complexes and specialized single-use spaces, this investment opens the door to significant growth and impressive return on investment (ROI). Included in this lucrative package are three adjoining parcels: 654 Putnam Avenue and 644 Putnam Avenue, which complement the main lot. Each parcel is construction-ready, prepped to bring your ambitious development vision to life. As per City of Orlando regulations, this property has the capability to support over 20 units and may achieve a towering maximum height of 75 feet. Don't miss out on this high-potential investment opportunity in a rapidly evolving Orlando locale. Reach out to us now to uncover exclusive details about this standout investment option!

Property Details

Property Features

Listing Office:

  • Office Name: CORCORAN PREMIER REALTY
  • Office Phone: (407) 965-1155
  • Listing Agent: A.J. Lash

Lot Features

Lot Information:

  • Lot Size: 0.47 Acres

School Info

Assigned Schools Information:

  • Orange County Virtual Franchise, Public District Grades 4-12
  • Jones High School, Public Magnet Grades 9-12
  • Howard Middle School, Public Magnet Grades 6-8
  • Princeton Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From Downtown Orlando, head north on N Eola Dr. toward E Washington St. Turn left on E Washington, turn left on N. Summerlin Ave, turn left on E. Colonial Dr., destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000

Tax Information:

  • Annual Amount: $8,743
  • 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

644 W Colonial Dr vs Orlando

992 DAYS ON ROCKET

+951 Days

$1,500,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M 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: #O5965671

Listing Office:

  • Office Name: CORCORAN PREMIER REALTY
  • Office Phone: (407) 965-1155
  • Listing Agent: A.J. Lash

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

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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: 5/2/2024, 12:19:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 15, 2013Home Sold
$327,000
Jul 17, 1997Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,743$456,174
2018$7,684$368,337
2017$7,576$359,526

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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-4708036
7
/10
  • Princeton Elementary School

  • 311 W Princeton St

  • 1.37 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-4708037
8
/10
  • Howard Middle School

  • 800 E Robinson St

  • 1.39 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4708038
6
/10
  • Orange County Virtual Franchise

  • 445 W Amelia St

  • 0.29 miles

  • Public District Grades 4-12

school-card-donut-4708039
2
/10
  • Jones High School

  • 801 S Rio Grande Ave

  • 1.52 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,032. Residents of Orlando, FL typically earn less than $35k each year. 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

Frequently Asked Questions About 644 W Colonial Dr

What is the listing price of this property?

The listing price of 644 W Colonial Dr property is $1,500,000.

What type of property is this?

The property 644 W Colonial Dr is land located in Orlando, Florida, 32804.

Is this property for sale now?

Active Listing: 644 W 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 644 W Colonial Dr are:
Princeton Elementary School: GreatSchools Rating 7/10
Howard Middle School: GreatSchools Rating 8/10
Orange County Virtual Franchise: GreatSchools Rating 6/10
Jones High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,743 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 15, 2013 for $327,000. (source: MLS/tax record).

How much acreage is this property?

The property 644 W Colonial Dr is 0.47 acres.
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Rocket HomesFloridaOrange CountyOrlando32804644 W Colonial Dr

This home is located at 644 W Colonial Dr in Orlando, FL and zip code 32804 in the Lake Dot neighborhood. This home sits on a 0.47 acre lot. It has been listed on Rocket Homes since August 13, 2021 and is currently priced at $1,500,000.

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. The number of listings in Orlando, FL decreased by 0.6% between March 2024 and April 2024. 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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