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806 Palmer Street
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PRICED AT ONLY: $1,174,900

Address: 806 Palmer Street, ORLANDO, FL 32801

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 constructioncompleted in July 2023sits 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 youre looking for a triplex to call home or a smart investment with long term potential, this property offers it all.

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More Like This
  • MLS#: O6274982 ( Residential )
  • Street Address: 806 Palmer Street
  • Viewed: 194
  • Price: $1,174,900
  • Price sqft: $504
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 2332
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 3
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 1
  • Days On Market: 87

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 constructioncompleted in July 2023sits 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 youre looking for a triplex to call home or a smart investment with long term potential, this property offers it all.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard, Lighting, Private Mailbox, Rain Gutters, Sidewalk
  • Flooring: Luxury Vinyl
  • Living Area: 2288.00
  • Roof: Shingle
Land Information
  • Lot Features: Sidewalk, Street Brick
School Information
  • High School: Boone High
  • Middle School: Blankner School (K-8)
  • School Elementary: Blankner Elem
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
  • Parking Features: Electric Vehicle Charging Station(s), Garage Door Opener
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Mini-Split Unit(s)
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Country: US
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s)
  • Legal Description: WOODLAWN ADDITION F/33 LOT 3 BLK D
  • Levels: Multi/Split
  • Area Major: 32801 - Orlando
  • Occupant Type: Tenant
  • Parcel Number: 36-22-29-9464-04-030
  • Views: 194
  • Zoning Code: R-2A/T/AN
Nearby Subdivisions
Beuchler Sub   Bourne Hills   Bungalow Park   Chapman Manuels Sub   Daniel Bros Sub   Douglass Sub   Edgewater Terrace   Eola Rose   Eola Rose Sub   F T Poynters Add   Fishback Add   Gwynne Sub   H W Fuller Sub   Lake Olive Heights   Not Applicable   Solaireplaza Condo   Thornton Park Add   Wilmott J W Rev   Woodlawn Add  
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