200 & 200 1/2 Hibiscus Court Orlando, FL 32801
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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. NO FHA OFFERS unit 10/28/23.
|4 days ago||Listing updated with changes from the MLS|
|4 days ago||Price changed to $490,000|
|2 weeks ago||Price changed to $495,000|
|a month ago||Listing first seen online|
Highly Likely to Recommend
"Kase's knowledge of the area was extremely helpful and his assistance in facilitating the entire process was vital to putting in an offer and closing in a very short period of time! We didn't feel like just one of many clients but rather received personal and sincere attention. It's difficult to find this sort of dedicated customer service in any business dealings these days. I'd recommend Kase to anyone looking to buy or sell a home."
"Kase has extensive knowledge of neighborhoods in the Orlando area and he was always available when we had questions. Was able to accommodate our limited hours when meeting for showings."
"I move quite often and have engaged a number of Realtors. Without a doubt, Kase and Zech have been the best. From start to finish, top to bottom, it was perfect. If you are in need of a Realtor, you have found the perfect team!"
- Tuck Coffin