Discover a truly elevated income property investment opportunity in the highly sought-after Lake Eola Heights, offering an enhanced living for discerning tenants. This meticulously renovated duplex property blends premium presentation with high income potential, making it a rare find. Both generously sized units, crafted with block construction, showcase fresh interior and exterior paint, a resurfaced carport and driveway, two-car carport with EV charger, beautifully landscaped gardens and patios, as well as countless upgrades throughout. Gorgeous new luxury vinyl flooring, double-pane windows, modern lighting and ceiling fans, updated doors and hardware, fiber optic connection, Ring alarm systems with cameras, and recently updated roof, plumbing, electrical, HVAC systems, water heaters, and more.
Unit 530 offers a secluded retreat with 2 bedrooms & 1. 5 baths with 1, 112 square feet. Its open floor plan creates a bright and expansive living area, accentuated by a stunning skylight that bathes the space in natural light. Luxury vinyl flooring flows seamlessly throughout, complemented by freshly painted walls that enhance the home’s airy feel. The kitchen is a dream, featuring white shaker cabinets with a built-in pantry, quartz countertops, custom open shelving, a matte black pro-style faucet, and high-end stainless-steel appliances, including a low-profile microwave and French door refrigerator with water and specialty ice cube dispenser. The owner's suite is generously sized, complete with a walk-in closet and an en-suite half bath featuring a new vanity, sleek faucet, LED lighting, and a mirror. The additional bedroom is equally spacious, and the main bathroom main bath delights with an art deco inspired style featuring a hexagon tile flooring plus new 36. 5” vanity, new sleek faucet, LED lighting & mirror. Step outside through double pane sliding doors to a private enclosed backyard with a patio and deck, perfect for seamless indoor/outdoor living. The unit also includes a laundry room with washer and dryer & easy access to the side yard.
Unit 528, equally pristine and spacious, features 2 bedrooms & 1 bath with 950 square feet. The open-concept layout offers ample living and dining space, while the renovated kitchen shines with white shaker cabinets, quartz countertops, open shelving, a deep stainless sink with pull-down sprayer, and quality stainless steel appliances, all complemented by 12x24 porcelain tile flooring. The primary bedroom includes a large walk-in closet, and the beautifully updated bathroom boasts a 48-inch vanity, sleek fixtures, LED lighting, and a double shower head with handheld sprayer. This unit also has its own laundry room with washer, dryer, and open shelving. Completing the charm of Unit 528 is a private front patio and garden, perfect for relaxation and outdoor enjoyment.
With its perfect blend of modern luxury and timeless appeal, this versatile property offers exceptional living spaces and endless possibilities, whether you're seeking to maximize rental income or provide an elevated lifestyle for tenants. Situated in the coveted Lake Eola Heights, just steps from downtown Orlando’s festivals, dining, and entertainment, this property is a rare gem in a thriving historic neighborhood.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
Monthly Tax Payment | $666 | $666 | $666 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,884 | $3,828 | $5,013 |
Total Monthly Payment | $4,642 | $4,586 | $5,771 |
* 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.