Amerivest Pro-Team
yourhome@amerivest.realestate289 Beds
289 Baths
6,726 SqFt
289 Beds
289 Baths
6,726 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,726 sqft
Price per Sqft $1,263
Subdivision X
MLS Listing ID TB8416447
Bedrooms 289
HOA Y/N No
Year Built 1953
Annual Tax Amount $9,717
Lot Size 4.750 Acres
Acres 4.75
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Built in 1953, the property consists of three concrete block buildings totaling 6,726 square feet, configured with 17 motel units (averaging 395 SF) and 45 RV sites. The unit mix supports both short and long term occupancy, making the asset ideal for investors seeking flexible income streams.
All electric, water, sewer (septic tanks), and trash are paid by the landlord. Units are equipped with window ACs, and water is supplied by a private well. The property is zoned C-1 and A-2, offering flexible use options and potential for future redevelopment.
It also features direct frontage on E Colonial Drive, which sees an Annual Average Daily Traffic (AADT) of 29,642 vehicles, providing excellent visibility and exposure.
Located along a major thoroughfare with direct access to Orlando's eastern suburbs, the asset benefits from high visibility, demand from local workers and transient residents, and proximity to major highways.
Location
State FL
County Orange
Community X
Area 32820 - Orlando/Bithlo
Zoning C-1
Interior
Interior Features Ninguno
Heating Ductless
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Lighting
Utilities Available Electricity Connected, Sewer Available, Water Nearby
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Septic Tank
Water Well
Structure Type Concrete
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Real Estate Insights
Key Takeaways Profitable Growth: Real Brokerage posts its first profitable quarter while expanding at record speed. Explosive Agent Network: 28,000+ agents at Q2; now nearing 29,200—more referrals and listing exposure. Record Sales: $20.1B volume and 49,282 transactions in Q2—both up 60%+ YoY.
By Joe Ballarino In today’s housing market, the word “affordable” gets thrown around a lot—but often without context. Prices are high, interest rates fluctuate, and buyers and sellers alike are left wondering: What can people actually afford right now? To answer that, we’ve developed a new benchmar
Where Sellers Must Reflect and Buyers Can Afford to Be Choosy Prepared by Joe Ballarino, Team Lead – Amerivest Pro-Team powered by Real Key Takeaways Home sales dipped again, with NAR reporting existing-home sales at a nine-month low in June. Inventory is rising, and homes are sitting longer on mar
We’re excited to share that Amerivest Pro-Team has been recognized as one of the Top 20 large real estate teams in the United States by Real Brokerage for the first quarter of 2025—a distinction that highlights both our market leadership and the incredible commitment of our agents. National Honors A