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STUNNING DOWNTOWN ORLANDO HOME WITH INCOME-PRODUCING APARTMENT 530 S Eola Drive, Orlando, FL 32801 $1,049,000 | 6 Bed | 4 Bath | Study | 3,113 sq ft ?? EXCEPTIONAL INVESTMENT OPPORTUNITY This completely modernized 1924 historic home in Lake Cherokee District offers the perfect combination of luxury living and income generation. The property features a 750 sq ft detached garage apartment that commands $1,900+ monthly rent - potentially covering your entire mortgage payment! ?? KEY HIGHLIGHTS ?? MOVE-IN READY LUXURY - Thoughtfully updated throughout while preserving original charm and character ?? IMMEDIATE INCOME STREAM - Self-contained 1-bed/1-bath apartment above garage with separate utilities ?? POOL-READY PARADISE - Rare ¼ acre downtown lot with ample space for large swimming pool plus extensive outdoor living areas ?? PRIME LAKE EOLA LOCATION - Steps from iconic Lake Eola Park and 1-minute walk to beautiful Lake Cherokee ?? BRAND NEW ROOF - Installed May 2025 with transferable 7-year warranty included ?? UNMATCHED LOCATION VALUE Located on South Eola Drive in Orlando's premier downtown residential district. Walk to Lake Eola's Sunday farmers market, vibrant dining scene, and cultural attractions. This established neighborhood features tree-lined streets, historic architecture, and strong appreciation potential. ?? MULTIPLE INCOME OPPORTUNITIES Traditional rental: $1,900+ monthly income Airbnb potential: Prime tourist location Multi-generational living: Perfect for extended family Home office/studio: Additional workspace flexibility ?? INVESTMENT ADVANTAGES Orlando's booming economy and downtown revitalization create exceptional growth potential. The rare combination of: Large downtown lot (¼ acre) Income-producing apartment Pool installation potential Historic district location Recent major improvements Makes this property a standout investment in today's competitive market. ?? PROPERTY DETAILS Year Built: 1924 (Historic charm) Lot Size: ¼ Acre with detached garage Garage: 720 sq ft Property Taxes: $8,346.49 HOA: None Utilities: All city services Ready for your private showing? This unique combination of luxury, location, and income potential won't last long!
| DAYS ON MARKET | 160 | LAST UPDATED | 6/30/2025 |
|---|---|---|---|
| TRACT | F T POYNTERS ADD | YEAR BUILT | 1925 |
| COMMUNITY | 32801 - Orlando | GARAGE SPACES | 3.0 |
| COUNTY | Orange | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer |
| AREA | 32801 - Orlando |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Wood Siding |
| EXTERIOR | Balcony, Lighting, Outdoor Grill, Rain Gutters, Storage |
| GARAGE | Yes |
| HEAT | Central, Electric |
| INTERIOR | Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Open Floorplan, Stone Counters, Tray Ceiling(s), Walk-In Closet(s) |
| LOT | 10454 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit |
| PARKING | Driveway, Garage Door Opener, Garage Faces Side, Guest, Off Street, On Street, Oversized, Parking Pad, Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | F T POYNTERS ADD |
| TAXES | 8346.49 |
| UTILITIES | Cable Available, Electricity Connected, Sewer Connected, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Stephen Hachey, FLAT FEE MLS REALTY, 813-642-6030
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 7:16 PM PST.
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