806 PALMER STREET
Orlando, FL 32801
2332 sqft | 4 beds | 3.5 baths | 0.19 acres | #O6274982
Description
This unique multifamily investment opportunity is a one-of-a-kind portfolio is must-see. Comprising a front duplex and a single-family home in the back, this property offers the perfect blend of modern living and income potential. Located just three blocks south of downtown Orlando, this 95% new construction—completed in July 2023—sits on a quiet street in the highly sought-after Lake Davis neighborhood. Surrounded by lush landscaping, large oak trees, and beautiful city parks, this is a prime location that provides tranquility while being close to everything Orlando has to offer. Lake Davis is only two blocks away, and the property is conveniently located near Delaney Park and Lake Eola. Top attractions such as the Dr. Phillips Performing Arts Center, the Amway Center, and ORMC are less than 2 miles away Each unit features high-end finishes and top-of-the-line amenities. They include separate water and electrical meters, open concept living rooms and kitchens, and smart-home technology like Alexa-controlled recessed lights and ceiling fans. The homes are beautifully finished with Shaw Floorte PRO 7 floors, Mi Low E double-pane casement windows, Infinity quartzite natural stone countertops, and 42” all-wood shaker cabinets. Kitchens are equipped with convection ovens, induction stovetops, vented hoods, stainless steel appliances, and farmhouse sinks. Both front units offer covered porches and one parking space each, with additional storage available in a secure 3'x8' room off the rear unit. The back unit boasts a spacious 8'x16' Trex composite deck and a one-car garage with insulated door, jack shaft auto deadbolt opener, and 50-amp car charger plug. The shared community space features a picnic table, grill area, and overhead string lights for a welcoming outdoor atmosphere. This property has been meticulously constructed with new roofing, plumbing, electrical systems, and framing. Key upgrades include Bora-Care termite treatment for wood framing, hurricane-rated materials, insulated dividing walls for soundproofing, and even underground AT&T fiber internet. Currently, all three units are rented to professionals on one-year leases or MTM. As long as one of the units is designated as a long-term rental, one of the others can be used to generate income through as an Airbnb, or all three units can be utilized as investment properties. Whether you’re looking for a triplex to call home or a smart investment with long-term potential, this property offers it all.
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Property Details
- Utility FeaturesBB/HS Internet Available, Cable Available, Electricity Available, Sewer Connected, Water Connected
- InteriorCeiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s)
- Exterior MaterialsCourtyard, Lighting, Private Mailbox, Rain Gutters, Sidewalk
- Property SubtypeSingle Family Residence
- Lot DescriptionSidewalk, Street Brick
- Middle SchoolBlankner School (K-8)
- Elementary SchoolBlankner Elem
- Sewer InformationPublic Sewer
- SubdivisionWOODLAWN ADD
- High SchoolBoone High
- Original List Price$1,199,900
- Property TypePurchase
- MLS #O6274982
- MLS #O6274982
- Taxes Annual$10,406
- Cost1199900
- Utility SourcePublic
- CountyOrange
- Acres0.19
- Square Feet2332
- Year Built1947
- FoundationSlab
- Bathrooms3.5
- Days on Market (Cumulative)14
- Bedrooms4
- Full Baths3
- Half Baths1
- Stories2
- Parking Spaces1
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: Terry A. Karousos
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Abby Nelson (#MFR261085331)
Listing Office: RE/MAX 200 REALTY (#MFR52403)
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