$630,000
PENDING $335K PRICE DROP

12528 E Colonial Dr Alafaya, FL 32826

Estimated payment $3,328/month

Total Views 5,309
4.15 Acres
$151,807 Price per Acre
180,774 Sq Ft Lot

Highlights

  • 4.15 Acre Lot
  • Wooded Lot
  • Level Lot
  • Wetlands on Lot

About This Lot

Under contract-accepting backup offers. HUGE PRICE REDUCTION! County up-zoning parcel to 30 du/ac!

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.

Listing Agent

Mike Palombi

COLDWELL BANKER REALTY Brokerage Phone: 407-333-8088 License #3235678 Listed on: 03/21/2025

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $428

Lot Details

  • 4.15 Acre Lot
  • 104 Ft Wide Lot
  • Level Lot
  • Wooded Lot

Outdoor Features

  • Wetlands on Lot

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 23-22-31-0000-00-014

Property Details

Property Type

Land

Est. Annual Taxes

$428

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4.15
  • Lot Size Sq Ft: 180774
  • Status: Pending
  • Street Direction: E
  • Ownership: Fee Simple
  • Escrow City: Lake Mary
  • Escrow State: FL
  • Escrow Street Name: 1145 Townpark Ave Ste 2235
  • RATIO Current Price By Calculate: 3.49
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Attribution Contact: 407-333-8088
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: Main Throrughfare
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0280F

Utilities

  • Utilities: Electrical Nearby, Sewer Nearby, Water Nearby
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-1
  • Parcel Number: 23-22-31-0000-00-014
  • Additional Parcels: No
  • Current Use: Multi-Family
  • Lot Features: In County, Level, Wetlands, Wooded
  • Lot Dimensions: IRR
  • Flood Zone Code: X
  • Current Adjacent Use: Multi-Family

Tax Info

  • Tax Annual Amount: 428
  • Tax Block: 0000
  • Tax Book Number: 00/00
  • Tax Lot: 14

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $428 $26,607 $26,607 --
2024 $411 $26,607 $26,607 --
2023 $411 $26,607 $26,607 $0
2022 $413 $26,607 $26,607 $0
2021 $421 $26,607 $26,607 $0
2020 $407 $26,607 $26,607 $0
2019 $431 $26,607 $26,607 $0
2018 $437 $26,607 $26,607 $0
2017 $442 $26,607 $26,607 $0
2016 $451 $26,607 $26,607 $0
2015 $462 $26,607 $26,607 $0
2014 $470 $26,607 $26,607 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Pending -- -- --
08/11/2025 08/11/25 For Sale $630,000 0.0% --
08/05/2025 08/05/25 Pending -- -- --
07/22/2025 07/22/25 Price Changed $630,000 -34.7% --
03/21/2025 03/21/25 For Sale $965,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: Stellar MLS

MLS Number: O6292017

Stellar MLS

APN: 23-2231-0000-00-014