1720 Lake Downey DR, Orlando, FL 32825
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Karli Tucker

Karli Tucker

+1(815) 701-8117
$ 1,200,000
Est. payment /mo
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1720 Lake Downey DR Orlando, FL 32825

1.1 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1069289

HOA Y/N No

Annual Tax Amount $1,267

Tax Year 2024

Lot Size 1.102 Acres

Acres 1.1

Property Sub-Type Unimproved Land

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Prime 2.67± acre commercial hard corner located at Hwy 50 (E Colonial Dr) & Lake Downey Dr in Orlando featuring approximately 325± feet of frontage and exposure to 50,500± vehicles per day. Dedicated median turn lane with full access, exceptional visibility, and strong traffic flow along one of East Orlando's most established retail corridors. Positioned between Dean Rd and Rouse Rd and less than 1.5 miles to SR-408 and SR-417, providing immediate regional connectivity and commuter access across the Orlando MSA. Minutes from UCF and Valencia College, supporting strong daytime population, workforce demand, and student-driven consumer activity. Ideal for gas, retail, medical, QSR, financial institutions, automotive service, professional office, or build-to-suit development with flexible outparcel potential in a high-growth commercial trade area. Located within a dense and expanding East Orlando submarket, the surrounding area supports approximately 10,000-14,000 residents within 1 mile, 85,000-100,000 within 3 miles, and 220,000-260,000 within 5 miles. Median household incomes range from roughly $60,000-$70,000 within 1 mile, $70,000-$80,000 within 3 miles, and $75,000-$85,000 within 5 miles, reflecting stable middle-income demographics with strong retail spending patterns. The corridor benefits from proximity to the University of Central Florida (70,000+ students) and Valencia College, creating sustained daytime traffic, workforce housing demand, and consistent service needs. E Colonial Dr serves as a major east-west arterial with national retailers, grocery anchors, medical offices, quick-service restaurants, automotive users, and neighborhood centers already established. Immediate access to SR-408 (East-West Expressway) and SR-417 (Central Florida GreeneWay) enhances regional draw, commuter exposure, and logistical convenience. The combination of signalized corner positioning, substantial frontage, high daily traffic counts, strong residential density, higher education influence, and flexible development options makes this site well-suited for single-tenant net-leased investment, multi-tenant strip development, medical/professional office, or phased build-to-suit concepts in one of Orlando's most active commercial growth corridors.

Location

State FL

County Orange

Area 902 - Orange

Direction Hwy 50 W, Turn Left on Lake Downey Rd, All 4 parcels on that West hard corner.

Exterior

Exterior Feature ExteriorFeatures

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Waterfront Description Lake Front

View Lake

Present Use Commercial,Office,Unimproved

Street Surface Asphalt

Road Frontage County Road, State Road

Garage No

Building

Lot Description Cleared, Corner Lot, Split Possible

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 17-22-31-2800-02-040

Acceptable Financing Cash, Conventional, Lease Option, Lease Purchase, Owner May Carry, Private Financing Available, Other

Listing Terms Cash, Conventional, Lease Option, Lease Purchase, Owner May Carry, Private Financing Available, Other

Special Listing Condition Corporate Owned, Standard

Space Coast Association of Realtors (Brevard MLS)
Listed by Landshark Realty
Karli Tucker

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Phone

+1(815) 701-8117

Address

1478 Highland Ave A Suite #305, Melbourne, FL, 32935

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