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200 & 200 1/2 Hibiscus Court

Orlando, FL 32801
  • $460,000
  • STATUS: Active
  • ON SITE: 287 Days
  • MLS #: O6132723
UPDATED: 137 min ago
$460,000
  • 2
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,144
    SQFT
  • $402
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Creative Financing is available with large down payment. This is your chance to own a DUPLEX in downtown Orlando, with a prime location in the Historic Lake Eola District! Just steps away from Lake Eola, which means residents will enjoy privileged access to parks, green spaces, and a wide variety of outdoor recreational options. The property is a true real estate gem, divided into a lower unit and an upper unit, each with 1 bedroom and 1 bathroom. This property boasts a unique advantage with an existing garage where investment potential comes into play. Imagine the possibility of converting that garage into an additional unit or a separate suite. The city will allow the future owner to convert this as an add-on to an existing unit ( could be a detached master bedroom with a private bedroom and wet-bar for extra cash-flow!) This would not only increase the property's value but also maximize the After Repair Value (ARV), providing an excellent opportunity for forward-thinking investors. Additionally, it's possible to legally rent out one of the units on Airbnb, with the necessary permits obtained. If rented on Airbnb, even one unit, with this location, this property could generate once remodeled easily $6,500+. Contact us today for more information and to seize this exceptional opportunity! A $2,000 credit is offered if the buyer chooses to work with our preferred lender. (#1 ranked lender in Central FL according to Zillow). This property also qualifies for the HomeTown Heroes Down Payment Assistance Program, with up to $35,000 towards your down payment and closing costs! This home would also be a great fit for the HOMESTYLE RENOVATION LOAN, where you can finance the rehab and construction of the garage into your purchase! Set up a showing for this property before it sells.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-23T23:49:43.197.
www.momentumrealtors.com/homes/142292519
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200 & 200 1/2 Hibiscus Court Orlando, FL 32801

  • Price: $460,000
  • Status: Active
  • On Site: 287 Days
  • Updated: 137 min ago
  • MLS #: O6132723
2
Beds
0
Baths
0
½ Baths
0.07
Acres
1,144
SQFT
$402
$/SQFT
1930
Built
Neighborhood:
Hibiscus Court
County:
Orange
Area:
Orlando
Elementary School:
Lake Como Elem
Middle School:
Lake Como School K-8
High School:
Edgewater High
Property Description
Creative Financing is available with large down payment. This is your chance to own a DUPLEX in downtown Orlando, with a prime location in the Historic Lake Eola District! Just steps away from Lake Eola, which means residents will enjoy privileged access to parks, green spaces, and a wide variety of outdoor recreational options. The property is a true real estate gem, divided into a lower unit and an upper unit, each with 1 bedroom and 1 bathroom. This property boasts a unique advantage with an existing garage where investment potential comes into play. Imagine the possibility of converting that garage into an additional unit or a separate suite. The city will allow the future owner to convert this as an add-on to an existing unit ( could be a detached master bedroom with a private bedroom and wet-bar for extra cash-flow!) This would not only increase the property's value but also maximize the After Repair Value (ARV), providing an excellent opportunity for forward-thinking investors. Additionally, it's possible to legally rent out one of the units on Airbnb, with the necessary permits obtained. If rented on Airbnb, even one unit, with this location, this property could generate once remodeled easily $6,500+. Contact us today for more information and to seize this exceptional opportunity! A $2,000 credit is offered if the buyer chooses to work with our preferred lender. (#1 ranked lender in Central FL according to Zillow). This property also qualifies for the HomeTown Heroes Down Payment Assistance Program, with up to $35,000 towards your down payment and closing costs! This home would also be a great fit for the HOMESTYLE RENOVATION LOAN, where you can finance the rehab and construction of the garage into your purchase! Set up a showing for this property before it sells.
Exterior Features

Attached Garage Yn No Carport Yn No Construction Materials Wood Siding Covered Spaces 2 Exterior Features CourtyardGardenStorage Foundation Details Crawlspace Patio And Porch Features NonePatio Pool Private Yn No Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances CooktopRefrigerator Building Area Total 1569 Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Yn No Flooring CarpetCeramic TileParquet Heating Electric Heating YN Yes Interior Features Ceiling Fans(s)Living Room/Dining Room Combo Levels Two Sewer Public Sewer Water Source Public Window Features Blinds

Property Features

Annual Net Income 0 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn Yes Listing Terms AssumableCashConventionalPrivate Financing AvailableSpecial Funding New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Duplex Realtor Info As-IsForeign SellerShort Term Rental AllowedSign Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3924.5 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailableWater Connected Zoning R-2B/T/HP


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of LPT REALTY: 877-366-2213.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-23T23:49:43.197.
 
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Jacksonville FL, 32223