200 & 200 1/2 Hibiscus Court, Orlando, FL 32801
- $354,000
- 2
- BD
- 2
- BA
- 1,144
- SqFt
- Sold Price
- $354,000
- List Price
- $460,000
- Status
- Sold
- Days on Market
- 296
- Closing Date
- Jul 16, 2024
- MLS#
- O6132723
- Property Style
- Duplex
- Year Built
- 1930
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,144
- Lot Size
- 3,160
- Acres
- 0.07
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Hibiscus Court
- MLS Area Major
- Orlando
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.
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Additional Information
- Taxes
- $3924
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- R-2B/T/HP
- Interior Layout
- Ceiling Fans(s), Living Room/Dining Room Combo
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo
- Floor
- Carpet, Ceramic Tile, Parquet
- Appliances
- Cooktop, Refrigerator
- Utilities
- Cable Available, Electricity Available, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Wood Siding
- Exterior Features
- Courtyard, Garden, Storage
- Roof
- Shingle
- Foundation
- Crawlspace
- Pool
- No Pool
- Garage Carport
- 2 Car Garage
- Garage Spaces
- 2
- Elementary School
- Lake Como Elem
- Middle School
- Lake Como School K-8
- High School
- Edgewater High
- Flood Zone Code
- X
- Parcel ID
- 25-22-29-3540-02-121
- Legal Description
- HIBISCUS COURT H/38 THE W 38 FT OF LOT 12 & E 6 FT OF LOT 14 BLK B
Listing courtesy of LPT REALTY. 877-366-2213
Selling Office: LPT REALTY.Mortgage Calculator
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