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One or more photo(s) has been virtually staged. Lake Eola Heights – Priced to sell and limitless value-add potential!
Located in the heart of Historic Downtown Orlando, the interior of the main 3/2 home has been fully renovated. Combining timeless charm and character with modern updates, this property is truly one-of-a-kind, and income-producing! Enjoy refurbished original hardwood floors that flow throughout the main living areas, paired with waterproof luxury vinyl plank (LVP) flooring in wet areas for durability and style. The kitchen features top-of-the-line appliances, solid wood cabinetry, and granite countertops, creating the perfect blend of function and sophistication. Both bathrooms have been tastefully updated with designer finishes, and all new paint and lighting throughout! But that's not all – this property also includes a detached garage apartment/in-law suite, currently leased at $1, 250/month on a month to month basis, offering immediate income or flexibility for guests, extended family, or short-term rental opportunities. The home is turnkey, but there is endless value that can still be added with additional improvements to exterior, garage, and garage apartment to increase equity and rental income potential.
Additional recent upgrades include:
- City-installed brand new sewer and plumbing connections for the whole street
- Freshly re-bricked streets enhancing the curb appeal and historic character
- Fully remodeled interior with modern fixtures and finishes throughout
- No HOA & Airbnb approved!
- Brand new irrigation and landscaping installed August 2025!
All conveniently located in a prime downtown location, you're just minutes away- walk, bike, scoot to top restaurants, shopping, Lake Eola, and all that Orlando's vibrant, urban, downtown Orlando core has to offer. Whether you're looking for a stylish residence with income potential, or a savvy investment opportunity in a sought-after historic district, this home delivers. Don’t miss your chance to own a piece of Orlando history – schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,920 | $479,920 | $479,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $787 | $787 | $787 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,763 | $2,874 | $3,858 |
| Total Monthly Payment | $3,642 | $3,753 | $4,737 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.