$2,995,000
For Sale

507 PALMER STREET

Orlando, FL 32801
5883 sqft | 5 beds | 4.5 baths | 1.00 acre | #O6277175
Browse 60 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Step into your private urban oasis in the historic Lake Cherokee neighborhood, right in the heart of downtown Orlando. Nestled on a full-acre corner lot, this stunning mid-century modern ranch-style home offers the perfect blend of luxury, comfort, and convenience. Just a short walk to the Dr. Phillips Center, Lake Eola, Thornton Park, restaurants, and downtown’s vibrant business district, this one-of-a-kind property offers resort-style living at its finest.
This 5-bedroom, 4.5-bath home is surrounded by mature landscaping, including majestic oak trees, making it one of Lake Cherokee’s most beautiful properties. The completely renovated chef’s kitchen features waterfall quartz countertops, an oversized Subzero refrigerator and freezer, a Dacor appliance suite with a 48-inch range, hood, and microwave, plus a Dacor four-bottle wine dispenser, two Subzero refrigerator drawers, and a dual-zone wine fridge—everything you need to entertain in style.
For wine enthusiasts, the newly installed 1,300-bottle, temperature-controlled wine cellar with vintage view racks, custom flooring, and lighting sets the stage for unforgettable dinners. A dry bar with a cork countertop and integrated lighting enhances the dining experience. Integrated Sonos speakers throughout the home, including the outdoor living spaces, ensure seamless entertainment inside and out. The home features refinished original hardwood floors, complemented by a beautifully renovated living room with an expansive fireplace, quartz countertops, and built-in media storage.
Start each day with serene views of swans gliding across Lake Cherokee from the luxurious primary suite. The suite includes an attached office with a built-in desk, breakfast bar, and expansive his-and-hers walk-in closets. The spa-inspired primary bath boasts a soaking tub, double shower, double vanity, and a Toto smart bidet toilet. The guest bedrooms are generously sized, each with oversized closets, while the remodeled guest bath features marble, granite, and a rain shower.
The backyard feels like a secluded retreat, surrounded by mature bamboo. An outdoor kitchen, complete with a grill, ceramic searing burner, double burners, steamer, deep fryer, and wok stations, overlooks the expansive saltwater pool and spa with an outdoor shower and pool bath. The recently updated mother-in-law suite includes new floors, air conditioning, energy-efficient doors, and a gas water heater. A walkout balcony with an extended rooftop deck offers a spectacular view of Lake Cherokee.
This home has undergone significant infrastructure upgrades, including complete re-piping, new insulation, outdoor lighting, and a security gate for added privacy and peace of mind.
Don’t miss the chance to call this extraordinary property home—where modern luxury meets historic charm, all within walking distance of downtown Orlando’s best offerings. Schedule your private showing today!

  • Property Details
      • InteriorBuilt-in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid
      • Exterior MaterialsGarden, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sauna, Sprinkler Metered
      • Utility FeaturesPublic, Sprinkler Well, Street Lights, Underground Utilities
      • Lot DescriptionCorner Lot, City Limits, Oversized Lot, Street Brick
      • Property SubtypeSingle Family Residence
      • Middle SchoolBlankner School (K-8)
      • ViewPark/Greenbelt, Water
      • SubdivisionF T POYNTERS ADD
      • Elementary SchoolBlankner Elem
      • Sewer InformationPublic Sewer
      • High SchoolBoone High
      • Original List Price$2,995,000
      • Property TypePurchase
      • MLS #O6277175
      • MLS #O6277175
      • Taxes Annual$37,941
      • Cost2995000
      • Utility SourcePublic
      • CountyOrange
      • FoundationBlock
      • Square Feet5883
      • Year Built1949
      • Bathrooms4.5
      • Pets AllowedYes
      • Bedrooms5
      • Full Baths4
      • Half Baths1
      • Stories2
      • Acres1
      • Parking Spaces2
      • Days on Market (Cumulative)9

Location

Terry A. KarousosReal Estate Group

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