530 S EOLA DRIVE
Orlando, FL 32801
3113 sqft | 6 beds | 4 baths | 0.24 acres | #TB8402049
Description
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!
Property Details
- InteriorCeiling Fans(s), Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Stone Counter
- Lot DescriptionHistoric District, City Limits, Level, Near Public Transit, Oversized Lot, Sidewalk, Street Brick, Street One Way
- Utility FeaturesBB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Available
- Exterior MaterialsBalcony, French Doors, Lighting, Outdoor Grill, Rain Gutters, Sidewalk, Storage
- Property SubtypeSingle Family Residence
- SubdivisionF T POYNTERS ADD
- Sewer InformationPublic Sewer
- FoundationCrawlspace
- Original List Price$1,049,000
- MLS #TB8402049
- MLS #TB8402049
- Property TypePurchase
- Cost1049000
- Utility SourcePublic
- CountyOrange
- Taxes Annual$8,346
- ViewCity
- Acres0.24
- Square Feet3113
- Year Built1925
- Bedrooms6
- Bathrooms4
- Full Baths4
- Stories2
- Parking Spaces3
- Days on Market (Cumulative)1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Amy Gates
Last Updated:Â . Source: SMLS
Listing Courtesy
Listing Agent: Stephen Hachey (#MFR263389117)
Listing Office: FLAT FEE MLS REALTY (#MFR261555850)
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