20498 E COLONIAL DRIVE, CHRISTMAS, FL, 32709
Active546 days on marketListed Jan 20, 2025MLS #O6273164
About this home
20498 E COLONIAL DRIVE
Build your dream home on this great piece of land located right on SR50 (Colonial Drive) and about 1,000 feet from SR520. Head West towards Orlando and be on UCF campus in 20 minutes or in downtown Orlando in 30 minutes. Head east to Kennedy Space Center in 30 minutes or hop on SR520 to be at Cocoa Beach in 40 minutes. You have easy access to everything while maintaining a rural lifestyle. While there are no issues with building on this lot, the buyer should perform their own due diligence before purchasing.
Facts & features
The home at a glance
0.73 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$577 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$577/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Christmas
Get to know Christmas. See the full Christmas guide →
CHRISTMAS 32709 — neighborhood snapshot
Population
1,665
Median age
40.9
Median income
$83,015
Median home value
$293,200
Avg household
2.61
Households w/ children
176
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Christmas market
$4.4M → $577K
Christmas median sold, yr/yr
94.3%
Sale-to-list ratio (12 mo)
Median sold price, Christmas, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 50% below the CHRISTMAS 32709 median. See the full Christmas market guide →
Paper trail
This home's history
Reality check
What actually sold near 20498 E COLONIAL DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’25$559,900
2205 Amberly Ave, Other City - In The State Of Florida FL 32833
4 bd · 3 ba · 18 DOM
Sold · Dec ’25$372,500
20211 MAJESTIC STREET
3 bd · 2 ba · 1,550 sqft · $240/sqft · 32 DOM
Sold · Aug ’25$450,000
19780 MAJESTIC STREET
4 bd · 3 ba · 1,846 sqft · $244/sqft · 6 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 20498 E COLONIAL DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 20498 E COLONIAL DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
20498 E COLONIAL DRIVE FAQs
What would the monthly payment be for 20498 E COLONIAL DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $577/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 20498 E COLONIAL DRIVE?+
The most recent tax bill on record (2024) was $72. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Christmas?+
At $65,000, this home is listed about 81% below the Christmas median of $335,000. The market section on this page shows how the area is trending.
Which schools are assigned to 20498 E COLONIAL DRIVE?+
East River High (high), Corner Lake Middle (middle), Columbia Elementary (elementary) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the CHRISTMAS 32709 market on paper
$65,000 is 50% below the CHRISTMAS 32709 median of $129,000.
02Time on market is leverage
546 days on market against a Christmas median of 44 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
East River High, Corner Lake Middle, Columbia Elementary — Columbia Elementary rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $80,000, now $65,000 — a $15K cut. The full history is in the market section below.
Listing courtesy of ORLANDO BROTHERS REAL ESTATE LLC · Phil Kruse. MLS #O6273164.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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