$599,000
Active · 119 days on market · MLS# MFRS5145472
| Living area | 1,282 sq ft |
|---|---|
| Lot size | 0.03 acres |
| Year built | 2006 |
| Property type | Mixed Use |
| Waterfront | Yes |
| Annual taxes | $2,616 |
| County | Orange |
JUST REPRICED — NOW UNDER $600K. Two adjoining commercial condos, ±2,564 SF combined, sold together as one — in a federal Opportunity Zone on Orlando's fast-changing West Colonial corridor. The seller has priced this to sell, and the math finally works for owner-users: SBA financing for owner-occupants can mean as little as 10% down, a monthly payment in the neighborhood of what you already pay in rent, and potential Opportunity Zone capital-gains advantages on top (consult your tax advisor). Each ±1,282 SF unit offers private offices and open work areas with flexible layouts that suit professional services, medical or wellness practices, boutique retail, or a creative studio. Run both as one expanded headquarters, occupy one and lease the other for income, or hold both as rentals. Built 2006, block construction, central A/C, in a professionally managed complex with ample parking and immediate access to John Young Pkwy, SR-408, West Colonial Dr (SR-50), and I-4 — minutes to Downtown Orlando. The corridor story is real: the City of Orlando is actively funding redevelopment planning here, Orange County's new Innovation Center just held its July 2026 ribbon-cutting minutes away (public opening this fall), and Orlando's industrial/flex vacancy fell to 7.2% in Q4, its lowest since early 2024 — while UCF projects Orlando to lead Florida in job growth over the next decade. Want the whole footprint? Pair with adjoining Unit 13 (MLS S5146021, also just repriced) and control ±3,846 SF for under $1M combined. Full financials available, and a video walkthrough is ready for out-of-area buyers. Priced to move — schedule your showing and bring your offer.
Listing courtesy of Shane Rampersaud, UNIVERSAL REALTY OF CENTRAL FL. Presented by MC Homes Realty Inc · 727432218.