NOT LISTED FOR SALE

8300 E Colonial Dr Orlando, FL 32817

Chickasaw Neighborhood

Estimated Value: $2,440,086

8.44 Acres
$289,110 Price per Acre
367,646 Sq Ft Lot

Last Sold November 02, 2018

Last sale price $1,500,000

Est. 63% increase in value since last sale

Current estimated payment $17,181/month

1,292 Days on Market

Highlights

  • 8.44 Acre Lot
  • No HOA
  • Heating Available
  • Property is near public transit
  • Oversized Lot

About This Lot

As of November 2018

FANTASTIC 9+/- ACRE COMMERCIAL SITE WITH OVER 670 FT FRONTAGE ON E. COLONIAL DR. IN THE HEART OF ORLANDO!!! RARELY DOES A PARCEL OF THIS SIZE COME AVAILABLE IN SUCH A PREMIERE LOCATION. ZONED C-2, WITH TRAFFIC COUNTS IN EXCESS OF 49,000 DAILY. THIS SITE OFFERS AN ARRAY OF OPPORTUNITY AS IT'S SIZE AND ZONING ACCOMMODATE ROOM FOR A BIG BOX STORE, MAJOR RETAIL CENTER, OR NATIONAL BRAND CAR LOT JUST TO MENTION A FEW OF THE POSSIBILITIES. SITE PROVIDES EASY ACCESS TO ALL THE MAJOR ARTERIES OF ORLANDO INCLUDING THE 417 (LESS THAN 1 MILE AWAY) THE 408 E/W EXPRESSWAY (LESS THAN 2 MILES AWAY) 436/SEMORAN BLVD (LESS THAN 1.5 MILES AWAY) INTERSTATE 4 (I-4, APPROXIMATELY 6 MILES AWAY) AND US HWY 441 (APPROXIMATELY 7.5 MILES AWAY). SITE IS ALSO JUST A FEW MILES AWAY FROM THE ORLANDO INTERNATIONAL AIRPORT AND JUST A SHORT DISTANCE FROM THE UNIVERSITY OF CENTRAL FLORIDA. TAKE A LOOK AT THIS RARE OPPORTUNITY IN THE MIDST OF THE EXCELLENT GROWTH TAKING PLACE IN ORLANDO!!! (IMPROVEMENTS ON SITE CONSIST MAINLY OF A NUMBER OF STRUCTURES/BUILDINGS INCIDENTAL TO OVERALL VALUE OF LAND BUT ARE CURRENTLY QUITE USEFUL IN PROVIDING CURRENT OWNER A SIGNIFICANT COMMERCIAL LEASING INCOME FROM MULTIPLE TENANTS ON SITE, CALL AGENT FOR MORE DETAILS)

Last Agent to Sell the Property

Scott Strem

MORRIS REALTY AND INVESTMENTS License #3106245 Listed on: 04/04/2015

Co-Listed By

Theresa Morris

MORRIS REALTY AND INVESTMENTS License #538567

Last Buyer's Agent

Theresa Morris

MORRIS REALTY AND INVESTMENTS License #538567

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,633

Lot Details

  • 8.44 Acre Lot
  • Lot Dimensions are 671x549
  • Property fronts a highway
  • Oversized Lot
  • Level Lot
  • Property is zoned C-2

Location

  • Property is near public transit

Community Details

  • No Home Owners Association
  • Acreage & Unrec Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 24-22-30-0000-00-034

Property Details

Property Type

Land

Est. Annual Taxes

$23,633

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 8.44
  • Lot Size Sq Ft: 367825
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.53573
  • Price per Sq Ft: 4.08
  • Close to Original List Price Ratio: 0.3871
  • View: No
  • Co List Office Mls Id: 260502719
  • Co List Office Phone: 352-435-4663
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Other Structures: Other
  • Road Frontage Type: Business District, Highway
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 671
  • Water Access Y N: No
  • Water Extras Y N: No
  • Road Frontage Ft: 671

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Other, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: C-2
  • Parcel Number: 24-22-30-0000-00-034
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: In County, Level, Near Public Transit, Oversized Lot, Urban
  • Lot Dimensions: 671x549
  • Millage Rate: 16.6
  • Price Per Acre: 177725
  • Current Adjacent Use: Commercial, Retail
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 23633
  • Tax Block: 00000
  • Tax Book Number: 000
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2015
Closed on
Oct 24, 2018
Sold by
Baird Family Partnership Ltd
Bought by
Baird Home Corp
Seller's Agent
Scott Strem
MORRIS REALTY AND INVESTMENTS
Buyer's Agent
Theresa Morris
MORRIS REALTY AND INVESTMENTS
List Price
$3,875,000
Sold Price
$1,500,000
Premium/Discount to List
-$2,375,000
-61.29%
Current Estimated Value
$2,440,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$940,086

Purchase Details

Closed on
Apr 13, 2006
Sold by
Baird Clifton E and Wichman Carol
Bought by
Baird Family Partnership Ltd

Purchase Details

Closed on
Aug 1, 2001
Sold by
Violet L Baird I
Bought by
Baird Violet L Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baird Home Corp $1,500,000 Attorney
Baird Family Partnership Ltd $746,300 Attorney
Baird Violet L Trust -- --
Baird Clifton E Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $1,500,000 -46.4% --
10/17/2018 10/17/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $2,799,900 -6.7% --
05/08/2017 05/08/17 Price Changed $2,999,900 -9.1% --
03/09/2016 03/09/16 Price Changed $3,300,000 -14.8% --
04/04/2015 04/04/15 For Sale $3,875,000 +158.3% --
04/03/2015 04/03/15 Off Market $1,500,000 -- --
04/03/2015 04/03/15 For Sale $3,875,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

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 $52,611 $2,712,392 -- --
2024 $49,489 $2,465,811 -- --
2023 $49,489 $4,839,319 $4,689,769 $149,550
2022 $28,747 $1,852,600 $1,721,421 $131,179
2021 $26,790 $1,694,132 $1,563,256 $130,876
2020 $25,765 $1,683,361 $1,563,256 $120,105
2019 $26,649 $1,644,185 $1,533,830 $110,355
2018 $25,684 $1,564,876 $1,460,265 $104,611
2017 $23,634 $1,423,727 $1,327,848 $95,879
2016 $23,451 $1,382,939 $1,287,388 $95,551
2015 $23,696 $1,380,767 $1,287,388 $93,379
2014 $22,820 $1,366,175 $1,287,388 $78,787
Source: Public Records

Agents Affiliated with this Home

  • Scott Strem

    Seller's Agent in 2018

    Scott Strem

    MORRIS REALTY AND INVESTMENTS

    (352) 978-3428

    42 Total Sales

    Scott Strem
    Section Image
  • Theresa Morris

    Seller Co-Listing Agent in 2018

    Theresa Morris

    MORRIS REALTY AND INVESTMENTS

    (352) 360-3736

    247 Total Sales

    Theresa Morris
    Section Image
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Map

Source: Stellar MLS

MLS Number: G4810825

Stellar MLS

APN: 24-2230-0000-00-034

Florida Orange County Orlando 32817 Chickasaw

8300 E Colonial Dr, Orlando, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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