Residential $1,049,000.00 - Single Family Residence
STUNNING DOWNTOWN ORLANDO HOME WITH INCOME-PRODUCING APARTMENT
530 S Eola Drive, Orlando, FL 32801
$1,049,000 | 6 Bed | 4 Bath | Study | 3,113 sq ft
?? EXCEPTIONAL INVESTMENT OPPORTUNITY
This completely modernized 1924 historic home in Lake Cherokee District offers the perfect combination of luxury living and income generation. The property features a 750 sq ft detached garage apartment that commands $1,900+ monthly rent – potentially covering your entire mortgage payment!
?? KEY HIGHLIGHTS
?? MOVE-IN READY LUXURY – Thoughtfully updated throughout while preserving original charm and character
?? IMMEDIATE INCOME STREAM – Self-contained 1-bed/1-bath apartment above garage with separate utilities
?? POOL-READY PARADISE – Rare ¼ acre downtown lot with ample space for large swimming pool plus extensive outdoor living areas
?? PRIME LAKE EOLA LOCATION – Steps from iconic Lake Eola Park and 1-minute walk to beautiful Lake Cherokee
?? BRAND NEW ROOF – Installed May 2025 with transferable 7-year warranty included
?? UNMATCHED LOCATION VALUE
Located on South Eola Drive in Orlando’s premier downtown residential district. Walk to Lake Eola’s Sunday farmers market, vibrant dining scene, and cultural attractions. This established neighborhood features tree-lined streets, historic architecture, and strong appreciation potential.
?? MULTIPLE INCOME OPPORTUNITIES
Traditional rental: $1,900+ monthly income
Airbnb potential: Prime tourist location
Multi-generational living: Perfect for extended family
Home office/studio: Additional workspace flexibility
?? INVESTMENT ADVANTAGES
Orlando’s booming economy and downtown revitalization create exceptional growth potential. The rare combination of:
Large downtown lot (¼ acre)
Income-producing apartment
Pool installation potential
Historic district location
Recent major improvements
Makes this property a standout investment in today’s competitive market.
?? PROPERTY DETAILS
Year Built: 1924 (Historic charm)
Lot Size: ¼ Acre with detached garage
Garage: 720 sq ft
Property Taxes: $8,346.49
HOA: None
Utilities: All city services
Ready for your private showing? This unique combination of luxury, location, and income potential won’t last long!
Additional Details
- Baths Full: 4
- Baths Half: 0
- Modification Timestamp: July 1, 2025 at 10:53am
- Building Area: 3113
- Cooling: Central Air
- Days on the Market: 1
- Direction Faces: East
- Directions: Easy access from I4.
- Fencing: Fenced
- Flooring: Ceramic Tile,Engineered Hardwood,Laminate
- Foundation Details: Crawlspace
- Furnished: Unfurnished
- Heating: Central,Electric
- Laundry Features: In Kitchen,Inside,Laundry Room
- Levels: Two
- List Agent Email: [email protected]
- List Agent: Stephen Hachey
- List Agent Phone: 813-642-6030
- List Office: FLAT FEE MLS REALTY
- List Office Phone: 813-642-6030
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Lot Features: Historic District,City Lot,Level,Near Public Transit,Oversized Lot,Sidewalk,Street One Way
- MLS Area Major: 32801 - Orlando
- MLS Status: Active
- Modification Time Stamp: July 1, 2025 at 10:51am
- Roof: Shingle
- Source System: 763400361
- Status Change Time: June 30, 2025 at 03:04pm
- View: City
- WaterSource: Public
- Zoning: R-2A/T/HP/
Features
- Balcony
- Built-In Oven
- Ceiling Fan(s)
- Cooktop
- Crown Molding
- Dishwasher
- Disposal
- Dry Bar
- Dryer
- Eating Space In Kitchen
- Electric Water Heater
- Exhaust Fan
- Freezer
- French Doors
- Garage Attached
- Has a View
- Has Cooling System
- Has Garage
- Has Heating System
- High Ceilings
- Ice Maker
- Irrigation System
- Kitchen/Family Room Combo
- Lighting
- Microwave
- Open Floorplan
- Open Parking
- Outdoor Grill
- Rain Gutters
- Range
- Refrigerator
- Sidewalk
- Stone Counters
- Storage
- Tray Ceiling(s)
- Walk-In Closet(s)
- Washer
- Window Treatments
