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Under contract-accepting backup offers. This completely modernized historic residence offers the rare combination of luxury downtown living and built-in income potential with a DETACHED IN-LAW SUITE and sitting on a rare QUARTER ACRE LOT. Just steps from Lake Eola Park and a one-minute walk to beautiful Lake Cherokee.
The main home has been thoughtfully renovated throughout, blending modern upgrades with preserved historic charm and character. Inside, you’ll find a renovated kitchen, two spacious bedrooms, and a versatile flex space on the main level—ideal for a home office, studio, or additional living area. Upstairs, the expansive primary suite features a generous walk-in closet. Additionally, you'll find 2 more bedrooms that open to a private deck overlooking the backyard.
A standout feature of the property is the 750 sqft DETACHED IN-LAW SUITE, complete with one bedroom, one bathroom, a living area, and a full kitchen. Currently generating $1, 900+ per month, it offers excellent income potential or flexibility for multi-generational living.
Additional highlights include a 3-CAR GARAGE, NEW ROOF (installed May 2025) with a transferable 7-year warranty, and a rare ¼-acre downtown lot—providing ample space for a large swimming pool and expanded outdoor living.
The outdoor space has been recently enhanced with a NEWLY INSTALLED DECK, custom pavers, and a fireplace, creating an ideal setting for entertaining or relaxing year-round.
Situated on South Eola Drive in one of Downtown Orlando’s premier residential neighborhoods, this home offers walkable access to Lake Eola’s Sunday farmers market, dining, and cultural attractions—while being surrounded by tree-lined streets, historic architecture, and strong long-term appreciation.
A truly unique opportunity to own a move-in-ready downtown home with income potential, space, and an unbeatable location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $799,920 | $799,920 | $799,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.223% | 6.078% |
| Monthly Tax Payment | $696 | $696 | $696 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,605 | $4,860 | $6,696 |
| Total Monthly Payment | $5,393 | $5,648 | $7,484 |
* 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.