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.
Subdivision:
SEAWARD PLANTATION ESTATES FIRST ADD
Lot Size:
100 x 399 x 104 x 369
Utilities
Electrical Nearby, Telephone Nearby, Water Nearby
Lot Description:
In County, Unincorporated, Wooded
16194 E COLONIAL DRIVE, Orlando, FL, 32820
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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