Located in one of Orlando’s hottest neighborhoods, this unique new construction opportunity is situated in Colonial Town, near Downtown Orlando, the Milk District, and Audubon Park. These highly desirable areas continue to attract buyers seeking modern, luxury homes.

Recent market activity shows promising demand for new construction, with comparable properties averaging approximately 60 days on the market before going pending. Some homes have gone pending in as little as 26 days, including a property that sold for $1.8 million.

With a lot size of approximately 7,000 square feet, 70ft width by 100ft length, this property presents the potential to construct a 3,500-square-foot, 5-bedroom, 5-bathroom home with a pool, subject to zoning, permitting, and site feasibility. Strong comparable sales indicate a potential after-repair value of approximately $1.5 million to $1.6 million.

To maximize profitability, investors should consult with qualified, reliable contractors to obtain accurate construction estimates and carefully evaluate the project’s total costs, timeline, and potential return. Current market activity suggests promising value potential for investors pursuing new construction in this sought-after Orlando location.

For additional information, contact your EquityPro Advisor.