4916 Eli Street, Orlando, FL 32804

$550,000
5
BD
3
BA
2,194
SqFt

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List Price
$550,000
Status
Active
Days on Market
10
MLS#
O6425549
Property Style
Single Family
Year Built
1947
Bedrooms
5
Bathrooms
3
Living Area
2,194
Lot Size
24,034
Acres
0.55
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Sunshine Gardens
MLS Area Major
Orlando/College Park

Property Description

Exceptional Investment & Development Opportunity in College Park! Rare opportunity to own a 0.55 acre corner parcel in one of the Orlando area's most desirable and rapidly growing locations. This unique property features three existing homes, offering multiple possibilities for investors, builders , or homeowners looking to create something special. Two of the existing residence are ideal candidates for renovation and can provide excellent rental income, while the third best suited for demolition. Whether your looking to renovate, build your dream home, develop multiple residences, or hold as an income- producing investment , this property offers tremendous flexibility. There is also the potential to subdivide the property into three separate lots(buyer to verify). The two livable homes include refrigerators, washer and dryer, water heater, septic tanks, newer drain field. Recent improvements on the 2 homes include roof - 04/22, updated plumbing-05/24. newer water heater, newer drain field. Located in quiet, established neighborhood with convenient access to College park, Winter Park, Downtown Orlando and I-4access.This property is ideally positioned near shopping, dining, entertainment , parks, and major employment centers. Properties offering this combination of size, income potential and redevelopment opportunities are becoming increasingly rare. Don't miss your chance to secure this exceptional investment before its gone! See Realtor remarks for home information and rezoning.

Additional Information

Taxes
$3583
Minimum Lease
7 Months
Community Features
Street Lights, No Deed Restriction
Property Description
One Story
Zoning
R-1A
Interior Layout
Built-in Features
Interior Features
Built-in Features
Floor
Terrazzo
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Utilities
Electricity Available, Electricity Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Private Yard
Roof
Shingle
Foundation
Block, Slab
Pool
No Pool
Garage Carport
4 Car Carport
Elementary School
Killarney Elem
Middle School
College Park Middle
High School
Edgewater High
Flood Zone Code
X
Parcel ID
02-22-29-8472-05-010
Legal Description
SUNSHINE GARDENS L/79 LOTS 1 2 & 3 & E 39 FT OF LOT 4 BLK E

Listing courtesy of ORLANDO REGIONAL REALTY. 407-751-2111

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