Prime commercial land available for sale! This 2.67-acre lot is situated on the hard corner of Hwy 50 (E Colonial Dr) & Lake Downey Dr in Orlando, offering exceptional visibility and access. With the flexibility for outparcel & build-to-suit options, this property presents a unique opportunity for development. Positioned between the bustling Dean and Rouse Rd intersections and less than 1.5 miles from the 408 to the East & less than 1.5 miles from the 417 to the West. Minutes From UCF and Valencia College. Over 50,500 +/- daily traffic counts with 325'+/- of road frontage on busy Hwy 50 (E Colonial Dr).
Property Details
Property Features
Listing Office:
Office Name: LANDSHARK REALTY
Office Phone: (321) 567-7992
Listing Agent: Cody Spaur
Lot Features
Lot Information:
Lot Size: 1.10 Acres
Other
Directions Information:
Directions: Hwy 50 W, Turn Left on Lake Downey Rd, All 4 parcels on that West hard corner.
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $779
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Orlando, FL.
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: #V4938836
Listing Office:
Office Name: LANDSHARK REALTY
Office Phone: (321) 567-7992
Listing Agent: Cody Spaur
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.
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. Last updated on: 11/22/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$779
$55,000
2018
$698
$50,000
2017
$552
$33,250
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Union Park Elementary School
1600 N Dean Rd
Distance between this listing and this school0.39 miles
Public Magnet Grades PK-5
6
/10
Lawton Chiles Elementary School
11001 Bloomfield Dr
Distance between this listing and this school1.05 miles
Public District Grades PK-5
5
/10
Riverdale Elementary School
11301 Lokanotosa Trl
Distance between this listing and this school1.89 miles
Public District Grades PK-5
Nearby Schools
3
/10
Union Park Middle School
1844 Westfall Dr
Distance between this listing and this school0.74 miles
Public District Grades 6-8
8
/10
Arbor Ridge School
2900 Logandale Dr
Distance between this listing and this school1.72 miles
Public Magnet Grades KG-8
3
/10
Legacy Middle School
11398 Lake Underhill Rd
Distance between this listing and this school1.91 miles
Public District Grades 6-8
Nearby Schools
5
/10
University High School
2450 Cougar Way
Distance between this listing and this school1.71 miles
Public Magnet Grades 9-12
3
/10
Colonial High School
6100 Oleander Dr
Distance between this listing and this school3.82 miles
Public Magnet Grades 9-12
2
/10
Econ River High Charter
14180 E Colonial Dr Ste A
Distance between this listing and this school3.96 miles
The neighbors living near this home have an average income of $52,532. The most common annual income of people living in Orlando, FL is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Orlando, FL
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Orlando, FL?
Orlando's housing market is diverse, offering a mix of residential options to suit various preferences and budgets. Single-family homes are prevalent, with modern, Mediterranean, and ranch-style architectures being particularly common. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The area has seen a steady growth in housing developments, with a significant number of properties constructed in the last few decades.
Is Orlando, FL a good place to live?
Orlando is celebrated for its vibrant atmosphere and strong sense of community. Known for its world-class attractions and entertainment options, the city prides itself on being a hub for both tourism and local cultural events. Residents enjoy a variety of annual festivals and community gatherings that reflect the city's diverse and dynamic character.
Are things conveniently located in Orlando, FL?
The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are comprehensive, with several hospitals and clinics offering a variety of specialized care. The city also features a network of public libraries and a rich assortment of retail and dining options that showcase the local culture. Orlando continuously adapts its services to meet the evolving needs of its growing population.
What does the transportation in Orlando, FL look like?
Orlando's transportation infrastructure is designed to accommodate both residents and visitors. The city offers multiple public transit options, including a bus system with regular routes throughout the area. For those who prefer private transport, ride-sharing services are readily available. The city is also connected by a network of major roads and highways, facilitating easy travel to and from the city. Efforts are ongoing to enhance the efficiency and accessibility of the transportation system, including improvements to walkability and bikeability in key areas.
Frequently Asked Questions About 1720 Lake Downey Dr
What is the listing price of this property?
The listing price of 1720 Lake Downey Dr property is $1,500,000.
What type of property is this?
The property 1720 Lake Downey Dr is land located in Orlando, Florida, 32825.
Is this property for sale now?
Active Listing: 1720 Lake Downey Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $779 (source: MLS/based on county public records data).
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This home is located at 1720 Lake Downey Dr in Orlando, FL and zip code 32825. This home sits on a 1.10 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $1,500,000.
In October 2024, from all listings sold in Orlando, FL there were more than 70 sold above asking price, over 444 sold below and more than 128 were sold right at the asked price. The number of homes for sale in Orlando, FL decreased by 0.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $392,389, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
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