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PRICE REDUCTION!!! SELLER MOTIVATED!!! GOOD FOR HOME-BASED BUSINESS!!! COMMERCIAL USE REZONING is in the application process in Orange County. Rare opportunity at S Hiawassee Rd!! Situated on a generous corner lot with excellent visibility, this beautifully updated property offers comfort for residential living today and exciting possibilities for the future.
Currently tenant-occupied, the property may also present an attractive opportunity for investors seeking immediate rental income.
The home features 3 spacious bedrooms, all with en-suite bathrooms, plus a convenient half bath, providing an excellent layout for families, remote professionals, or those who run a business from home.
Recent updates include ceramic floors on the first floor and new vinyl flooring throughout the rest of the house (no carpet), a new roof installed in 2022, and a new A/C system installed in 2025. The septic tank was serviced in 2020.
The fully fenced backyard with pavers creates a welcoming outdoor space perfect for relaxing or gathering with friends and family.
The property offers ample parking for up to 6 vehicles, providing convenience for homeowners, guests, and potential business users.
Located directly on S Hiawassee Rd, the property benefits from excellent visibility and easy access to major highways, shopping, dining, and everyday conveniences. Valencia College is just minutes away, making the location especially attractive.
With three private bedroom suites, the layout could also be a potential for rental income or student housing, subject to buyer verification of local regulations and occupancy guidelines.
Surrounded by commercial activity, the property may offer potential for home-based business use or future rezoning to commercial, and the generous corner lot could provide additional space for parking or expanded use. Buyers are encouraged to verify zoning possibilities and permitted uses with Orange County.
A unique opportunity to own a versatile property in a rapidly growing area of Orlando with outstanding exposure and accessibility.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,000
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 | $295,200 | $295,200 | $295,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $366 | $366 | $366 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,768 | $1,864 | $2,432 |
| Total Monthly Payment | $2,209 | $2,305 | $2,873 |
* 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.