8431 Colonial Drive, FL
Stellar MLS

$2,100,000

8431 Colonial Drive

Orlando, FL 32817

Active
0
Baths
4,235
Sq Ft
0.7
Acres
1976
Built
$445/sqft360° tour
Retail

Property type

1976

Year built

30,718 sqft

Lot size

$445

Price / sq ft

No HOA

HOA dues

45

Days on market

X

Flood zone

About this home

Prime Business Opportunity With High Traffic Exposure in the heart of Orlando’s Union Park/University area! Located on the busy street of East Colonial Dr and close to Highway 417, this well established building features high visibility and is perfect for owner occupied for gas station, retail and food service or as an investment. The building is currently divided into two unit with one operating as a Citgo gas station and another one is food market. Citgo gas station would be available for owner occupied or can be leased to new potential tenants. This unit would be turn key ready with exiting gas pumps, refrigerators, shelving and fixtures. Schedule a private tour and start or grow your business at this prime location. Please don't disturb current tenants.

Local Insight

At $445/sqft for a 1976-built retail space on Colonial Drive, you're paying a premium for the location and visibility rather than modern infrastructure—factor in what mechanical, HVAC, and roof updates will realistically cost before committing. The 4,235 sqft footprint is flexible for various retail concepts, but Colonial's traffic patterns and nearby competition (especially toward downtown/I-4) matter significantly, so verify your specific use case's visibility and customer draw on this stretch. Being in flood zone X is a genuine advantage that'll keep insurance reasonable, though you'll want to confirm what the actual traffic counts and pedestrian patterns look like during a full week visit.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$10,619
Property taxes$1,259
Home insurance (est.)$963

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history45 days on market

  1. Status: Active
    Feb 7, 2026
  2. Listed$2,250,000
    Feb 7, 2026
  3. Price reduced$2,100,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Retail
Status
Active
Days on market
45
County
Orange
Year built
1976
Living area
4,235 sq ft
Price/sq ft
$445
Building area
4,719 sq ft (Public Records)
Lot size
30,718 sq ft
Lot category
1/2 to less than 1
Flood zone
X
Annual taxes
$15,112 (2025)
Parcel #
30-22-13-3640-02-010
MLS #
O6380718

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Interior Details

Appliances
Refrigerator
Stories / Levels
One

Heating & Cooling

Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional, Owner Financing
Ownership
Corporation

Exterior & Construction

Construction materials
Brick
Foundation
Slab
Road surface
Asphalt, Paved

Utilities

Utilities
Electricity Available, Phone Available, Public, Water Connected

Listing Details

Listing date
2026-02-06
On market date
2026-02-07
Original list price
$2,250,000
Occupant type
Owner
MLS area
32817 - Orlando/Union Park/University Area
Listing AOR
Orlando Regional
Status changed
2026-02-07
Tax legal description
Hilltop Manor W/84Lot 1 BLK B & BEG SWCOR OF SAID LOT RU N W ALONG N R/W LINE OF SR 50 57.54 FT N 250 FT E 57.54 FT S 250 FT TO POB

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Downtown Orlando Head East on Colonial Drive (highway 50) until you reach Sue Anne Street near the 417 Toll Road and then make the first available U-Turn. The property is on the right hand side of the road.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of March 24, 2026 at 10:16 AM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA