New Listing - 05/04/2026
721 SEMINOLE AVENUE, Orlando, FL, 32804
3 rooms
4 beds
3 Full baths
1950
2,095 sqft
Under contract-accepting backup offers. Dual-income opportunity in the heart of College Park - one of Orlando's most coveted neighborhoods. This rare offering features TWO completely separate residences on a single parcel: a 3-bedroom, 2.5-bathroom main home spanning 1,444 square feet with an in-unit laundry room and detached single-car garage, plus a fully independent 1-bedroom, 1-bathroom guest cottage at 651 square feet complete with a Florida room, in-unit laundry, and covered carport. NEWER ROOFS on both homes 2022. NEWER AC SYSTEMS on both homes 2023. Two addresses, two income streams, one investment. The property is zoned ORL-R-2B/T, a designation that permits up to two accessory dwelling units and one is already built and income-producing. Current market rent comps support $2,650–$2,850/month for the main house and $1,550–$1,750/month for the cottage, putting combined gross rental income in the range of $4,200–$4,600/month - over $50,000 in potential annual gross rents. This is in a neighborhood where median home values have climbed to nearly $718,000 and rents continue to appreciate. Whether you lease both units immediately or occupy one and offset your mortgage with the other, the numbers work from day one. Location is the long-term thesis. College Park's tree-lined streets and walkable Edgewater Drive corridor draw professionals, healthcare workers, and young families who pay a premium for in-town living and stay. AdventHealth's major campus is nearby, downtown Orlando is five minutes away, and I-4 access is immediate. Vacancy risk in this submarket is structurally low. Demand is consistent. New lots with this kind of zoning flexibility simply aren't being created. Opportunities to acquire two rentable structures on one parcel in College Park are extraordinary. Don't miss it.
Status:
Pending
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Laundry Remarks:
In Kitchen
Subdivision:
CONCORD PARK 1ST ADD
Garage:
1-car Garage Faces Side, Oversized, Workshop in Garage
Heating:
Central
Cooling:
Central Air
Levels:
1
Acreage:
0.21
Est. Taxes:
$8,864
Construction
Block, Stucco
Utilities
Public
Lot Description:
Sidewalk
Days on Market:
9
Appliances:
Dishwasher, Range, Refrigerator
Min Lease Term:
No Minimum
MLS #:
O6404692
Community Info
School Info
Walk Score
Yelp
Listing courtesy of PROPERTY LOGIC RE 407-909-3436