INNOVATE Real Estate
Land at 15624, 15632 & 15640 E COLONIAL DR, ORLANDO
Conceptual Site Plan. Not for Construction. For Illustrative Purposes Only. - 15624, 15632 & 15640 E COLONIAL DR, ORLANDO
Land at 15624, 15632 & 15640 E COLONIAL DR, ORLANDO, photo 3 of 7
Land at 15624, 15632 & 15640 E COLONIAL DR, ORLANDO, photo 4 of 7
Land at 15624, 15632 & 15640 E COLONIAL DR, ORLANDO, photo 5 of 7
Land at 15624, 15632 & 15640 E COLONIAL DR, ORLANDO, photo 6 of 7
Land at 15624, 15632 & 15640 E COLONIAL DR, ORLANDO, photo 7 of 7
7 photos

$490,000

15624, 15632 & 15640 E COLONIAL DR
ORLANDO, FL 32820
Listed by WEICHERT REALTORS HALLMARK PRO
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Great Commercial Opportunity!!! Excellent Location!!! 3 Parcels to be sold together. 15624 E Colonial, 15632 E Colonial & 15640 E Colonial Drive. All 3 contiguous lots are Zoned C-1 / Retail Commercial. Ready to be entitled for Retail & Restaurant or many other Commercial possibilities with the right vision. Total 3.54+/- acres with just under 300 feet fronting E Colonial Drive (Highway 50), between Orlando & the Space Coast, minutes from UCF. Price, size, legal description & taxes shown reflects all 3 parcels put together. Seeing Is Believing!!!

Property details

MLS #
MFRO6433466
Property type
Land
Subdivision
SEAWARD PLANTATION ESTATES
Status
Active
Days on market
10
On market date
August 14, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
3.54 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
CASTLE CREEK ELEMENTARY
1.06 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
579
Student:teacher ratio
16.5:1
District
ORANGE
Middle
CORNER LAKE MIDDLE
1.28 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
819
Student:teacher ratio
20.0:1
District
ORANGE
High
EAST RIVER HIGH
1.36 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,034
Student:teacher ratio
22.6:1
District
ORANGE

Walkability

Blended score for ORLANDO's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

41
Somewhat walkable
out of 100
EPA National Walkability Index
6.8 / 20 -- Below average walkable
Google Places amenity density
50 / 100
Restaurants & cafes10
Grocery stores2
Parks0
Schools1
Transit stops0
Pharmacies3

Market position

How this listing compares to current activity in ORLANDO, from live MLS data.

On the market 10 days -- 95 fewer days than ORLANDO's current average of 105 days.
For reference, the median list price across 7,717 active listings in ORLANDO right now is $250,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,101/mo
$98,000 down
$392,000 loan
Principal & interest$2,543
Property tax (est.)$408
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 24, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.