$1,199,900 ($524.43 per sqft)

Est. Mortgage $6,146/mo *

Quick Pre-Approval

806 Palmer STREET, Orlando, FL, 32801

806 Palmer STREET, Orlando, FL, 32801

4 beds

1947

2,288 sqft

This unique multifamily investment opportunity is a one-of-a-kind portfolio is must-see. Comprising a front duplex and a single-family home in the back, this property offers the perfect blend of modern living and income potential. Located just three blocks south of downtown Orlando, this 95% new construction—completed in July 2023—sits on a quiet street in the highly sought-after Lake Davis neighborhood. Surrounded by lush landscaping, large oak trees, and beautiful city parks, this is a prime location that provides tranquility while being close to everything Orlando has to offer. Lake Davis is only two blocks away, and the property is conveniently located near Delaney Park and Lake Eola. Top attractions such as the Dr. Phillips Performing Arts Center, the Amway Center, and ORMC are less than 2 miles away Each unit features high-end finishes and top-of-the-line amenities. They include separate water and electrical meters, open concept living rooms and kitchens, and smart-home technology like Alexa-controlled recessed lights and ceiling fans. The homes are beautifully finished with Shaw Floorte PRO 7 floors, Mi Low E double-pane casement windows, Infinity quartzite natural stone countertops, and 42” all-wood shaker cabinets. Kitchens are equipped with convection ovens, induction stovetops, vented hoods, stainless steel appliances, and farmhouse sinks. Both front units offer covered porches and one parking space each, with additional storage available in a secure 3'x8' room off the rear unit. The back unit boasts a spacious 8'x16' Trex composite deck and a one-car garage with insulated door, jack shaft auto deadbolt opener, and 50-amp car charger plug. The shared community space features a picnic table, grill area, and overhead string lights for a welcoming outdoor atmosphere. This property has been meticulously constructed with new roofing, plumbing, electrical systems, and framing. Key upgrades include Bora-Care termite treatment for wood framing, hurricane-rated materials, insulated dividing walls for soundproofing, and even underground AT&T fiber internet. Currently, all three units are rented to professionals on one-year leases or MTM. As long as one of the units is designated as a long-term rental, one of the others can be used to generate income through as an Airbnb, or all three units can be utilized as investment properties. Whether you’re looking for a triplex to call home or a smart investment with long-term potential, this property offers it all.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry Closet

Units:

3

Subdivision:

WOODLAWN ADD

Garage:

1-car Electric Vehicle Charging Station(s), Garage Door Opener, Open

Heating:

Central, Electric

Cooling:

Mini-Split Unit(s)

Acreage:

0.19

Est. Taxes:

$10,406

Construction

HardiPlank Type, Wood Frame

Utilities

BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected

Lot Description:

Sidewalk

Elementary School:

Blankner Elem

Middle School:

Blankner School (K-8)

High School:

Boone High

Days on Market:

6

Appliances:

Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Lease Term Type:

12 Months

Min Lease Term:

1-7 Days

MLS #:

O6274985


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX 200 REALTY Phone: 407-629-6330