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200 & 200 1/2 Hibiscus Court, ORLANDO

$460,000

2 Beds
2 Baths
1,144 Sqft
.07 Acres
2 Garages

Creative Financing is available with large down payment. 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.

200 & 200 1/2 Hibiscus Court is in ORLANDO, FL. This Residential Income property for sale is currently being offered at $460,000. Built in 1930 this 2 bedroom, 2.00 bathroom Orange Residential Income property has been listed on RealtyInOrlando.com for 265 days. 200 & 200 1/2 Hibiscus Court is priced at $402.10 Per Square Foot, and is situated on 0.07 acres of land. Please contact your local Realtor® for more information on 200 & 200 1/2 Hibiscus Court, ORLANDO, FL 32801. Property Listing Reference: MLS number: O6132723.

Essential Information
MLS® #O6132723
Price$460,000
Bedrooms2
Bathrooms2.00
Square Footage1,144
Acres0.07
Year Built1930
TypeResidential Income
Sub-TypeDuplex
StatusActive
HOA$0
Taxes$3,925
Community Information
Address200 & 200 1/2 Hibiscus Court
AreaOrlando
SubdivisionHIBISCUS COURT
CityORLANDO
CountyOrange
StateFL
Zip Code32801
Amenities
# of Garages2
Interior
AppliancesCooktop, Refrigerator
HeatingElectric
Interior Features

Ceiling Fans(s), Living Room/Dining Room Combo

Cooling

Central Air, Wall/Window Unit(s)

Exterior
Exterior FeaturesCourtyard, Garden, Storage
RoofShingle
FoundationCrawlspace
School Information
ElementaryLake Como Elem
MiddleLake Como School K-8
HighEdgewater High
Other Information
Date ListedAugust 10th, 2023
Days on Market265
ZoningR-2B/T/HP
Listing Details
OfficeLPT REALTY
Property History
Price Reduced from $465,000 to $460,000
Price Reduced from $470,000 to $465,000
Price Reduced from $475,000 to $470,000
Price Reduced from $480,000 to $475,000
Price Reduced from $485,000 to $480,000
Show All History (8)
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 2nd, 2024 at 7:04am EDT.